Chapter 5 Pre Test

Chapter 5 Learning Objectives

LO1    Prepare end-of-period adjustments.

LO2    Post adjusting entries to the general ledger.

LO3    Prepare a work sheet.

LO4    Describe methods for finding errors on the work sheet.

LO5    Journalize adjusting entries from the worksheet.

LO6    Explain the cash, modified cash, and accrual bases of accounting.

DAY 1

LO1–PREPARE END OF PERIOD ADJUSTMENTS–WATCH THIS VIDEO FIRST

  1. Please SHOW ME EACH ONE BEFORE YOU PROCEED TO THE NEXT ONE:
    1. In-Class Exercise: Complete Exercises E5-1A, E5-1B
    2. In-Class Exercise: Complete Exercises E5-6A, E5-6B