Time Frame:
2 class periods that run 90 minutes each.

Summary:
Review of general ledgers, introduction of a corporation and how it is set up. Introduction of special journals - Purchases Journal, Sales Journal, Cash Payment Journal, Cash Receipt Journal. Introduction of journalizing entries for purchasing on account using a purchases journal and posting from a purchase journal to an A/P ledger and General ledger. Introduction of journalizing entries for cash payments using a cash payments journal and posting from a cash payments journal to an A/P ledger and a General ledger. Review transactions used on a General Journal such as: journalizing purchase returns and allowances, buying supplies on account then posting the entries from the general journal to each separate general ledger account. Review of preparing a schedule of A/P.

Main Curriculum Tie:
Accounting IIStandard 3
Apply accepted accounting principles to sales, purchases, cash receipts and cash payment transactions.

Career Connections:

• Accounting

Materials:
Have the web address for the online activities and quiz available for the student.

Web Sites

• West High Accounting
  Vocabulary Activities
• West High Accounting
  Vocabulary Quiz

Background For Teachers:
Students review general ledgers, introduction of a corporation and how it is set up. Learn about special journals - Purchases Journal, Sales Journal, Cash Payment Journal, Cash Receipt Journal. Learn about journalizing entries for purchasing on account using a purchases journal and posting from a purchase journal to an A/P ledger and General ledger. Learn about journalizing entries for cash payments using a cash payments journal and posting from a cash payments journal to an A/P ledger and a General ledger. Students review transactions used on a General Journal such as: journalizing purchase returns and allowances, buying supplies on account then posting the entries from the general journal to each separate general ledger account. Students review of preparing a schedule of A/P.

Intended Learning Outcomes:
An introduction, review games and quiz on general ledgers, introduction of a corporation and how it is set up, special journals - Purchases Journal, Sales Journal, Cash Payment Journal, Cash Receipt Journal, journalizing entries for purchasing on account using a purchases journal and posting from a purchase journal to an A/P ledger and General ledger, journalizing entries for cash payments using a cash payments journal and posting from a cash payments journal to an A/P ledger and a General ledger, transactions used on a General Journal such as: journalizing purchase returns and allowances, buying supplies on account then posting the entries from the general journal to each separate general ledger account, preparing a schedule of A/P.

Instructional Procedures:
Have students complete the online activities and quiz.

Strategies For Diverse Learners:
Online activities

Assessment Plan:
Students will need to master the online vocabulary activities, they will complete the online chapter quiz.

Bibliography:
Century 21 Accounting South Western Publishing 6th edition, 1995

Author:
Nicole Reitz-Larsen

Created Date :
Feb 04 2005 10:09 AM