Tuesday November 29, 2011

Complete the Chapter 9-2 Notes. Use the PowerPoint provided for you on my website. (Use the link above). Save your notes in your binder. When you are done, turn in:

• On Your Own 9-2
• Audit Your Understanding 9-2
• Application Problem 9-2 (online)

Learning Objectives:

• Define accounting terms related to cash payments for a merchandising business
• Identify accounting concepts and practices related to cash payments for a merchandising business
• Journalize cash payments and cash discounts using a cash payments journal