REVIEW:

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

  • Record, in column form, a group of business transactions involving all five elements of the fundamental accounting equation.

RIGHT NOW:

  1. Open your textbook to page 23 & listen to this first video about learning objective 4, record, in column form, a group of business transactions involving all five elements of the fundamental accounting equation, as you follow along in your textbook
  2. Turn in your textbook to page 27 & listen to this second video about learning objective 4, record, in column form, a group of business transactions involving all five elements of the fundamental accounting equation, as you follow along in your textbook
  3. Turn in your textbook to page 30 & listen to this third video about learning objective 4, record, in column form, a group of business transactions involving all five elements of the fundamental accounting equation, as you follow along in your textbook
  4. Log in to your Cengage Now account
  5. Click ASSIGNMENTS
  6. Complete the Chapter 1 Objective 4 Assignment
  7. Click STUDY TOOLS
  8. Click ADAPTIVE STUDY PLAN
  9. Next to Chapter 1 – Asset, Liability, Owner’s Equity, Revenue, and Expense Accounts click RESUME STUDYING
  10. Click 4. Record, in column form, a group of business transactions involving all five elements of the fundamental accounting equation.
    1. eBook – 1.4: Recording Business Transactions — Review & study
    2. Show Me How: Record, in column form, a group of business transactions involving all five elements of the fundamental accounting equation. — Watch it
    3. Practice! — Do it
    4. Practice! — Do it
    5. SHOW ME WHEN YOU ARE DONE
  11. In an email message to me, explain what types of transactions you might have if you owned your own bowling alley.