Monday January 9, 2012

Complete the Chapter 10-2 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 10-2
• Audit Your Understanding 10-2
• Application Problem 10-2 (online)

Learning Objectives:

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