Monday December 5 -Tuesday December 6, 2011

Complete the Chapter 9-3 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 9-3
• Audit Your Understanding 9-3
• Application Problem 9-3 and 9-4 (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
• Prepare a petty-cash report and journalize the reimbursement of the petty cash fund
• Total, prove, and rule a cash payments journal and start a new cash payments journal page.