FINISH:

GOAL: Before you leave today you will know about internal controls and how to establish a banking system for your business.

  1. Log in to cengagebrain
  2. Click CENGAGE NOW
  3. Click ASSIGNMENTS
  4. Continue CHAPTER 9 HOMEWORK (APPLICATION)–show me as you finish each one

OR

START:

GOAL: Before you leave class today you will have the opportunity to practice recording transactions in the general journal for purchases and sales of a merchandising business that uses a perpetual inventory system.

  1. Download this spreadsheet & use to to do the transactions for Problem 9-4A on pages 411 to 412 in your textbook.
  2. Download this spreadsheet & use to to do the transactions for Problem 9-4B on page 416 in your textbook.

GOAL: Before you leave today you will have the opportunity to practice using a 3-column purchases journal and post to a general ledger and an accounts payable ledger.

  1. Download this spreadsheet & use to to do the transactions for Problem 9-6A on pages 412 to 413 in your textbook.
  2. Download this spreadsheet & use to to do the transactions for Problem 9-6B on pages 417 to 418 in your textbook.