Wednesday December 7 -Thursday December 8, 2011

Complete the Chapter 9-4 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 9-4
• Audit Your Understanding 9-4
• Application Problem 9-5 (online)

Learning Objectives:

• Define accounting terms related to purchases returns and allowances for a merchandising business
• Identify accounting concepts and practices related to purchases returns and allowances for a merchandising business
• Journalize purchase returns and allowances and other transactions using a general journal