'Amount column' diaporamas de présentation

LESSON 9-1

LESSON 9-1. Journalizing Purchases Using a Purchases Journal. New Vocabulary. Merchandise: Goods that a business purchases to sell Merchandising business: A business that purchases and sells goods Retail business: A merchandising business that sells to those who use or consume the goods

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Chapter 9

Chapter 9. Objectives: Define accounting terms related to purchases and cash payments for a merchandising business Identify accounting concepts and practices related to purchases and cash payments for a merchandising business Journalize purchases of merchandise using a purchases journal

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Chapter 22

Chapter 22. Cash Funds. Record the entry to establish a change fund. Prove the cash in the cash register drawers each business day. Open and replenish a petty cash fund. Journalize opening a petty cash fund. Prepare a petty cash requisition to replenish the petty cash fund.

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LESSON 9-1

LESSON 9-1. Journalizing Purchases Using a Purchases Journal. PURCHASING MERCHANDISE. page 236. PURCHASES ON ACCOUNT. page 236. PURCHASES JOURNAL. page 237. 2. PURCHASE INVOICE. page 238. 1. 4. 3. 1. Stamp the date received and purchase invoice number.

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FINANCIAL STATEMENTS

Corporation Financial condition is Public information Posted on the internet Posted Quarterly and yearly Company financials: Posted in the millions or the thousands Financial reports will list which format is used Means rounded to the nearest million

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SERVICE VS MERCHANDISE BUSINESS

Service Business: Like TechKnow Consulting, Sell a service for a fee (intangible) Merchandising Business: a business that purchases goods and sell goods (tangible-finished goods). Ex: Best Buy

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Accounting Bell Ringer

Accounting Bell Ringer . Thursday, February 16 BELL RINGER Organize your Notebook using Ch. 8 Rubric Professional Reading Book Check. Thursday, February 16. AGENDA Starting Part 2 in the Text Book Chapter 9 Journalizing Purchases and Cash Payment Show Professional Reading for Q3

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LESSON 9-1

LESSON 9-1. Journalizing Purchases Using a Purchases Journal. PURCHASING MERCHANDISE. page 236. PURCHASES ON ACCOUNT. page 236. PURCHASES JOURNAL. page 237. 2. PURCHASE INVOICE. page 238. 1. 4. 3. 1. Stamp the date received and purchase invoice number.

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LESSON 5-2

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LESSON 9-1

LESSON 9-1. Journalizing Purchases Using a Purchases Journal. PURCHASING MERCHANDISE. page 236. PURCHASES ON ACCOUNT. page 236. PURCHASES JOURNAL. page 237. 2. PURCHASE INVOICE. page 238. 1. 4. 3. 1. Stamp the date received and purchase invoice number.

184 views • 8 slides

LESSON 9-1

LESSON 9-1. Journalizing Purchases Using a Purchases Journal. PURCHASING MERCHANDISE. page 236. PURCHASES ON ACCOUNT. page 236. PURCHASES JOURNAL. page 237. 2. PURCHASE INVOICE. page 238. 1. 4. 3. 1. Stamp the date received and purchase invoice number.

195 views • 8 slides