Oct+1+ACCT2

<span style="color: white; font-family: Calibri; mso-ascii-font-family: Calibri; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-font-family: Calibri; mso-hansi-theme-font: minor-latin; mso-themecolor: background1; msoasciifontfamily: Calibri; msoasciithemefont: minor-latin; msobidifontfamily: 'Times New Roman'; msobidithemefont: minor-bidi; msofareastfontfamily: Calibri; msofareastthemefont: minor-latin; msohansifontfamily: Calibri; msohansithemefont: minor-latin; msothemecolor: background1;"> || <span style="font-family: Calibri; mso-ascii-font-family: Calibri; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-font-family: Calibri; mso-hansi-theme-font: minor-latin; msoasciifontfamily: Calibri; msoasciithemefont: minor-latin; msobidifontfamily: 'Times New Roman'; msobidithemefont: minor-bidi; msofareastfontfamily: Calibri; msofareastthemefont: minor-latin; msohansifontfamily: Calibri; msohansithemefont: minor-latin;"> || || Objectives: 1. Define accounting terms related to purchases and cash payments for a merchandising business.
 * **<span style="color: white; font-family: Calibri; mso-ascii-font-family: Calibri; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-font-family: Calibri; mso-hansi-theme-font: minor-latin; mso-themecolor: background1; msoasciifontfamily: Calibri; msoasciithemefont: minor-latin; msobidifontfamily: 'Times New Roman'; msobidithemefont: minor-bidi; msofareastfontfamily: Calibri; msofareastthemefont: minor-latin; msohansifontfamily: Calibri; msohansithemefont: minor-latin; msothemecolor: background1;">ACCT 2 **
 * <span style="color: white; font-family: Calibri; mso-ascii-font-family: Calibri; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-font-family: Calibri; mso-hansi-theme-font: minor-latin; mso-themecolor: background1; msoasciifontfamily: Calibri; msoasciithemefont: minor-latin; msobidifontfamily: 'Times New Roman'; msobidithemefont: minor-bidi; msofareastfontfamily: Calibri; msofareastthemefont: minor-latin; msohansifontfamily: Calibri; msohansithemefont: minor-latin; msothemecolor: background1;">Oct 01, 2009 **
 * <span style="color: white; font-family: Calibri; mso-ascii-font-family: Calibri; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-font-family: Calibri; mso-hansi-theme-font: minor-latin; mso-themecolor: background1; msoasciifontfamily: Calibri; msoasciithemefont: minor-latin; msobidifontfamily: 'Times New Roman'; msobidithemefont: minor-bidi; msofareastfontfamily: Calibri; msofareastthemefont: minor-latin; msohansifontfamily: Calibri; msohansithemefont: minor-latin; msothemecolor: background1;">Chapter 9 : Jornalizing Purchases and Cash Payments **
 * **<span style="font-family: Calibri; mso-ascii-font-family: Calibri; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-font-family: Calibri; mso-hansi-theme-font: minor-latin; msoasciifontfamily: Calibri; msoasciithemefont: minor-latin; msobidifontfamily: 'Times New Roman'; msobidithemefont: minor-bidi; msofareastfontfamily: Calibri; msofareastthemefont: minor-latin; msohansifontfamily: Calibri; msohansithemefont: minor-latin;">Warm-up: **

2. Identify accounting concepts and practices related to purchases and cash payments for a merchandising business.

3. Journalize purchases of merchandise using a purchases journal

4. Journalize cash payments and cash discounts using a cash payments journal

5. Prepare a petty cash report and journalize the reimbursement of the petty cash fund.

6. Total, prove, and rule a cash payments journal and start a new cash payments journal page.

7. Journalize purchases returns and allowances and other transactions using a general journal. || <span style="font-family: Calibri; mso-ascii-font-family: Calibri; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-font-family: Calibri; mso-hansi-theme-font: minor-latin; msoasciifontfamily: Calibri; msoasciithemefont: minor-latin; msobidifontfamily: 'Times New Roman'; msobidithemefont: minor-bidi; msofareastfontfamily: Calibri; msofareastthemefont: minor-latin; msohansifontfamily: Calibri; msohansithemefont: minor-latin;"> || <span style="font-family: Calibri; mso-ascii-font-family: Calibri; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-font-family: Calibri; mso-hansi-theme-font: minor-latin; msoasciifontfamily: Calibri; msoasciithemefont: minor-latin; msobidifontfamily: 'Times New Roman'; msobidithemefont: minor-bidi; msofareastfontfamily: Calibri; msofareastthemefont: minor-latin; msohansifontfamily: Calibri; msohansithemefont: minor-latin;">Chapter 9-3 pages 248-253 || || <span style="font-family: Calibri; mso-ascii-font-family: Calibri; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-font-family: Calibri; mso-hansi-theme-font: minor-latin; msoasciifontfamily: Calibri; msoasciithemefont: minor-latin; msobidifontfamily: 'Times New Roman'; msobidithemefont: minor-bidi; msofareastfontfamily: Calibri; msofareastthemefont: minor-latin; msohansifontfamily: Calibri; msohansithemefont: minor-latin;"> || <span style="font-family: Calibri; mso-ascii-font-family: Calibri; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-font-family: Calibri; mso-hansi-theme-font: minor-latin; msoasciifontfamily: Calibri; msoasciithemefont: minor-latin; msobidifontfamily: 'Times New Roman'; msobidithemefont: minor-bidi; msofareastfontfamily: Calibri; msofareastthemefont: minor-latin; msohansifontfamily: Calibri; msohansithemefont: minor-latin;"> Chapter 9-3 || <span style="font-family: Calibri; mso-ascii-font-family: Calibri; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-font-family: Calibri; mso-hansi-theme-font: minor-latin; msoasciifontfamily: Calibri; msoasciithemefont: minor-latin; msobidifontfamily: 'Times New Roman'; msobidithemefont: minor-bidi; msofareastfontfamily: Calibri; msofareastthemefont: minor-latin; msohansifontfamily: Calibri; msohansithemefont: minor-latin;"> || <span style="font-family: Calibri; mso-ascii-font-family: Calibri; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-font-family: Calibri; mso-hansi-theme-font: minor-latin; msoasciifontfamily: Calibri; msoasciithemefont: minor-latin; msobidifontfamily: 'Times New Roman'; msobidithemefont: minor-bidi; msofareastfontfamily: Calibri; msofareastthemefont: minor-latin; msohansifontfamily: Calibri; msohansithemefont: minor-latin;"> || <span style="font-family: Calibri; mso-ascii-font-family: Calibri; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-font-family: Calibri; mso-hansi-theme-font: minor-latin; msoasciifontfamily: Calibri; msoasciithemefont: minor-latin; msobidifontfamily: 'Times New Roman'; msobidithemefont: minor-bidi; msofareastfontfamily: Calibri; msofareastthemefont: minor-latin; msohansifontfamily: Calibri; msohansithemefont: minor-latin;"> Application Problem 9-3 page 261 || || <span style="font-family: Calibri; mso-ascii-font-family: Calibri; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-font-family: Calibri; mso-hansi-theme-font: minor-latin; msoasciifontfamily: Calibri; msoasciithemefont: minor-latin; msobidifontfamily: 'Times New Roman'; msobidithemefont: minor-bidi; msofareastfontfamily: Calibri; msofareastthemefont: minor-latin; msohansifontfamily: Calibri; msohansithemefont: minor-latin;"> || || <span style="font-family: Calibri; mso-ascii-font-family: Calibri; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-font-family: Calibri; mso-hansi-theme-font: minor-latin; msoasciifontfamily: Calibri; msoasciithemefont: minor-latin; msobidifontfamily: 'Times New Roman'; msobidithemefont: minor-bidi; msofareastfontfamily: Calibri; msofareastthemefont: minor-latin; msohansifontfamily: Calibri; msohansithemefont: minor-latin;"> || <span style="font-family: Calibri; mso-ascii-font-family: Calibri; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-font-family: Calibri; mso-hansi-theme-font: minor-latin; msoasciifontfamily: Calibri; msoasciithemefont: minor-latin; msobidifontfamily: 'Times New Roman'; msobidithemefont: minor-bidi; msofareastfontfamily: Calibri; msofareastthemefont: minor-latin; msohansifontfamily: Calibri; msohansithemefont: minor-latin;"> || <span style="font-family: Calibri; mso-ascii-font-family: Calibri; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-font-family: Calibri; mso-hansi-theme-font: minor-latin; msoasciifontfamily: Calibri; msoasciithemefont: minor-latin; msobidifontfamily: 'Times New Roman'; msobidithemefont: minor-bidi; msofareastfontfamily: Calibri; msofareastthemefont: minor-latin; msohansifontfamily: Calibri; msohansithemefont: minor-latin;"> || <span style="font-family: Calibri; mso-ascii-font-family: Calibri; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-font-family: Calibri; mso-hansi-theme-font: minor-latin; msoasciifontfamily: Calibri; msoasciithemefont: minor-latin; msobidifontfamily: 'Times New Roman'; msobidithemefont: minor-bidi; msofareastfontfamily: Calibri; msofareastthemefont: minor-latin; msohansifontfamily: Calibri; msohansithemefont: minor-latin;"> ||
 * **<span style="font-family: Calibri; mso-ascii-font-family: Calibri; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-font-family: Calibri; mso-hansi-theme-font: minor-latin; msoasciifontfamily: Calibri; msoasciithemefont: minor-latin; msobidifontfamily: 'Times New Roman'; msobidithemefont: minor-bidi; msofareastfontfamily: Calibri; msofareastthemefont: minor-latin; msohansifontfamily: Calibri; msohansithemefont: minor-latin;">Prepare: Reading Time **
 * **<span style="font-family: Calibri; mso-ascii-font-family: Calibri; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-font-family: Calibri; mso-hansi-theme-font: minor-latin; msoasciifontfamily: Calibri; msoasciithemefont: minor-latin; msobidifontfamily: 'Times New Roman'; msobidithemefont: minor-bidi; msofareastfontfamily: Calibri; msofareastthemefont: minor-latin; msohansifontfamily: Calibri; msohansithemefont: minor-latin;">Lecture Notes: **
 * **<span style="font-family: Calibri; mso-ascii-font-family: Calibri; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-font-family: Calibri; mso-hansi-theme-font: minor-latin; msoasciifontfamily: Calibri; msoasciithemefont: minor-latin; msobidifontfamily: 'Times New Roman'; msobidithemefont: minor-bidi; msofareastfontfamily: Calibri; msofareastthemefont: minor-latin; msohansifontfamily: Calibri; msohansithemefont: minor-latin;">Class Work: **
 * **<span style="font-family: Calibri; mso-ascii-font-family: Calibri; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-font-family: Calibri; mso-hansi-theme-font: minor-latin; msoasciifontfamily: Calibri; msoasciithemefont: minor-latin; msobidifontfamily: 'Times New Roman'; msobidithemefont: minor-bidi; msofareastfontfamily: Calibri; msofareastthemefont: minor-latin; msohansifontfamily: Calibri; msohansithemefont: minor-latin;">Homework: **
 * **<span style="font-family: Calibri; mso-ascii-font-family: Calibri; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-font-family: Calibri; mso-hansi-theme-font: minor-latin; msoasciifontfamily: Calibri; msoasciithemefont: minor-latin; msobidifontfamily: 'Times New Roman'; msobidithemefont: minor-bidi; msofareastfontfamily: Calibri; msofareastthemefont: minor-latin; msohansifontfamily: Calibri; msohansithemefont: minor-latin;">Reminders: **
 * <span style="font-family: Calibri; mso-ascii-font-family: Calibri; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-font-family: Calibri; mso-hansi-theme-font: minor-latin; msoasciifontfamily: Calibri; msoasciithemefont: minor-latin; msobidifontfamily: 'Times New Roman'; msobidithemefont: minor-bidi; msofareastfontfamily: Calibri; msofareastthemefont: minor-latin; msohansifontfamily: Calibri; msohansithemefont: minor-latin;"> || <span style="font-family: Calibri; mso-ascii-font-family: Calibri; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-font-family: Calibri; mso-hansi-theme-font: minor-latin; msoasciifontfamily: Calibri; msoasciithemefont: minor-latin; msobidifontfamily: 'Times New Roman'; msobidithemefont: minor-bidi; msofareastfontfamily: Calibri; msofareastthemefont: minor-latin; msohansifontfamily: Calibri; msohansithemefont: minor-latin;"> || <span style="font-family: Calibri; mso-ascii-font-family: Calibri; mso-ascii-theme-font: minor-latin; mso-bidi-font-family: 'Times New Roman'; mso-bidi-theme-font: minor-bidi; mso-fareast-font-family: Calibri; mso-fareast-theme-font: minor-latin; mso-hansi-font-family: Calibri; mso-hansi-theme-font: minor-latin; msoasciifontfamily: Calibri; msoasciithemefont: minor-latin; msobidifontfamily: 'Times New Roman'; msobidithemefont: minor-bidi; msofareastfontfamily: Calibri; msofareastthemefont: minor-latin; msohansifontfamily: Calibri; msohansithemefont: minor-latin;"> ||