REVIEW:

GOAL: Before you leave class today you will be able to:

  • Recognize the effect of errors on account balances

RIGHT NOW:

  1. Open your textbook to page 71 & listen to this video about learning objective 7, errors exposed by the trial balance
  2. Log in to your Cengage Now account
  3. Click ASSIGNMENTS
  4. Complete the Chapter 2 Objective 7 Assignment
  5. Click STUDY TOOLS
  6. Click ADAPTIVE STUDY PLAN
  7. Next to Chapter 2 – T Accounts, Debits and Credits, Trial Balance, and Financial Statements click RESUME STUDYING
  8. Click 7. Recognize the effect of errors on account balances.
    1. eBook – 2.7: Errors Exposed by the Trial Balance — Review & study
    2. Show Me How: Recognize the effect of errors on account balances. — Watch it
    3. Practice! — Do it
    4. Practice! — Do it
    5. SHOW ME WHEN YOU ARE DONE
  9. In an email message to me, explain what you should look for if you discover there is an error at any point in preparing the financial statements.
  10. EXTRA CREDIT: Start Here Go Places Scavenger Hunt