Accounting Vocabulary

Introduction to Business, Spring 2007-2008
Daily Activities and Assignments
Last Updated Tuesday May 13, 2008

Welcome to Mr. Hall's Introduction to Business Daily Activities and Assignments web page. Here you will be able to find out basically what we have done each day. Unless we have network problems, this site is updated at the end of each day. Any major projects and homework will be listed. Projects that need to be turned in will be listed in red.

MTTF

Week of April 12 - May 16

Friday, May 16 (Day 67)

  • Duvall Landscaping, Part 2 due

Thursday, May 15 (Day 66)

  • Chapter 11 Analyze Information assignment due
  • Chapter 11 Case 11-1 and Case 11-2 due

Wednesday, May 14 (Day 65) -- No Class on Wednesdays

Tuesday, May 13 (Day 64)

  • We will go over the correct answers to the Chapter 10 Review Facts
  • The completed Duvall Landscaping, Part 2 accounting packet--along with the Income Statement and Balance Sheet--must be turned in by Friday for full credit.
     
  • Assignment: Chapter 11 Analyze Information, page 291-293, #1, 2, 4, and 5 -- due Thursday. May 15
  • Assignment: Chapter 11 Case 11-1 (don't do #6)   and Case 11-2 -- due Thursday. May 15

Monday, May 12 (Day 63)

  • Finish Time Top 100 presentations   Time Top 100 Order of Presentation
  • Corrected assignments were handed back:  Chapter 10 Vocabulary, Chapter 6 Analyze Information, and Chapter 10 Review Facts.

Week of April 5 - May 9

Friday, May 9 (Day 62)

Thursday, May 8 (Day 61)

Wednesday, May 7 (Day 60) -- No Class on Wednesdays

Tuesday, May 6 (Day 59)

  • Check your Duvall Landscaping, Part 2 accounting work to make sure your journal entries and ledger accounts are correct
  • We prepared an Income Statement for Duvall Landscaping, Part 2

Monday, May 5 (Day 58)

  • Assignment: Record and post the transactions from May 1 and May 5 for Duvall Landscaping, Part 2
  • Check your work from the Duvall Landscaping project--it will be handed in on Monday.

Week of April 28 - May 2

Friday, May 2 (Day 57)

  •  Assignment: Chapter 11 Vocabulary and Review Facts, page 290-291.  Read the chapter then define the vocabulary terms on page on 290 and answer the Review Facts questions on 290-291. These will be due Tuesday, May 6.  

Thursday, May 1 (Day 56)

  • We put together the order of presentation for the Time Top 100 projects. We will start presenting next Thursday, May 8.  Time Top 100 Order of Presentation
  • Small Retail Store Project--Floor Plan--due today
  • Assignment: Chapter 10 Review Facts--due today
  • Corrections to Small Retail Store--Business--due today

Wednesday, April 30 (Day 55) -- No Class on Wednesdays

Tuesday, April 29 (Day 54)

  • Chapter 10 Vocabulary is due today at the beginning of the period.
  • Complete your Small Retail Store Project--Floor Plan--due Thursday
  • Assignment: Chapter 10 Review Facts--Due Thursday.

Monday, April 28 (Day 53)

  • The Small Retail Store--Business Plan was handed back. You can make corrections to this assignment and turn it back in today or tomorrow only for more points.
  • Assignment: Small Retail Store Project--Floor Plan. Use the graph paper handed out with the assignment sheet to draw a floor plan for your store. Due Thursday, May 1.
  • Reminder--the Chapter 10 vocab is due at the beginning of the period tomorrow.

Week of April 21 - 25

Friday, April 25 (Day 52)

  • Assignment: Chapter 10 Vocabulary, 16 terms, page 262--due Tuesday at the beginning of the period.

Thursday, April 24 (Day 51)

  • Make-up tests for those who were absent on Tuesday
  • Complete work on the PowerPoint presentation slide show

Wednesday, April 23 (Day 50) -- No Class on Wednesdays

Tuesday, April 22 (Day 49)

  • Test covering Chapters 6 and 7

Monday, April 21 (Day 48)

  • Final review for test

Week of April 14 - 18

Friday, April 18 (Day 47)

  • Assignment: Time Top 100 PowerPoint presentation--we will start putting together the presentation based on the instruction handout given in class.  Instructions

Thursday, April 17 (Day 46)

  • Chapter 7 work will be handed back.
  • We will finish reviewing Chapter 6 and the cover Chapter 7

Wednesday, April 16 (Day 45) -- No Class on Wednesdays

Tuesday, April 15 (Day 44)

  • Quiz make-ups for those students absent Friday before Spring Vacation
  • Chapter 6 review--The Chapter 6 Vocabulary and the Review Facts assignments will be handed back. We will cover questions that could be on the test.
  • Assignment: The instruction and grading sheet for your Time Top 100 People of the Century presentation will be handed out. Presentations are tentatively scheduled to start on Monday, April 28

Monday, April 14 (Day 43)

  • Coming up--the test covering Chapters 6 and 7 is tentatively scheduled for Tuesday, April 22
  • Assignment: Chapter 6 Analyze Information, page 159, questions 1-5.  These are due at the beginning of class tomorrow.

Week of April 7 - 11     Spring Vacation


Week of March 31 - April 4

Friday, April 4 (Day 42)

  • Accounting Quiz

Thursday, April 3 (Day 41)

  • Chapter 7 Vocabulary and Chapter 7 Review Facts were turned in at the beginning of the period
  • Review the accounting concepts -- vocabulary and transactions -- for the quiz tomorrow.
  • Read through the information on your person from the Time Top 100 People of the Century

Wednesday, April 2 (Day 40) -- No Class on Wednesdays

Tuesday, April 1 (Day 39)

  • Finish Chapter 7 Vocabulary and Chapter 7 Review Facts--they are due THURSDAY at the beginning of the period.
  • Quiz makeups for those who were absent

Monday, March 31 (Day 38)

  • Assignment: We continued working on Chapter 7 Vocabulary and Chapter 7 Review Facts
  • There will be another accounting quiz on Friday.

Week of March 24 - 28

Friday, March 28 (Day 37)

  • Accounting Quiz
  • Assignment: We started to work on the vocabulary and review facts for Chapter 7--but no due date was given.
  • The Small Retail Store business profile assignment was due--and was handed in.

Thursday, March 27 (Day 36)

  • Self-evaluation form will be completed for the Work Ethic part of the grade--for the first third of the semester
  • Tests were handed back and reviewed.

Wednesday, March 26 (Day 35)-- No Class on Wednesdays

Tuesday, March 25 (Day 34)

  • Finish Assignment: Small Retail Store Project--Business Profile--handed out yesterday. This assignment is due on Friday.
  • Accounting vocabulary quiz--we took the quiz and then went over the definitions in class.  These terms will be on the quiz on Friday, but the work today was not graded.

Monday, March 24 (Day 33)

  • Assignment: Small Retail Store Project--Business Profile
  • Thursday we will have a quiz on Accounting Vocabulary and on recording and posting transactions
  • Assignment: Duvall Landscaping Project 2: Record and post two new transactions dated March 24.

Week of March 17 - 21

Friday, March 21 (Day 32)

  • Chapter 6 Vocabulary and Review Facts assignments due
  • We checked the Duvall Landscaping Project, part 2--entries so far. Then recorded and posted the

Thursday, March 20 (Day 31)

  • TEST--Chapters 1, 3, and 5

Wednesday, March 19 (Day 30)-- No Class on Wednesdays

Tuesday, March 18 (Day 29)

  • Assignment: Chapter 6 Vocabulary and Review Facts questions, pages 157 and 158--due Friday.

Monday, March 17 (Day 28)

  • Chapter 5 Vocab and Review Facts were handed back.
  • We went over the test review questions--remember the test is on Thursday.
  • Assignment: Duvall Landscaping, Part 2--record and post the transactions dated March 13.

 

Week of March 10 - 14
Short Periods this Week Because of WASL Testing

Friday, March 14 (Day 27)

  • Chapter 1 test review
  • We also went over parts of Chapter 5 that need to be emphasized in preparation for the test.

Thursday, March 13 (Day 26)

  • Chapter 3 test review--Graded vocabulary and Review Facts from Chapter 1 were handed back

Wednesday, March 12 (Day 25)-- No Class on Wednesdays

Tuesday, March 11 (Day 24)

  • Chapter 5 and 3 test review--Graded vocabulary and Review Facts from Chapter 3 were handed back.

Monday, March 10 (Day 23)

  • Chapter 5 Review Facts should be turned in today at the beginning of the period
  • Assignment: Duvall Landscaping, Part 2--forms were handed out in class. We sill start working on it tomorrow.
  • We started reviewing for the upcoming test (Thursday, March 20). If you were absent get notes from one of the other students--

    *  Test will cover Chapters 1, 3, and 5
    *  Major question: You will  be given the 5 parts to a business plan from page 116--you will need to be able to
        list what goes in each part.
    *  You should be able to least advantages and disadvantages of the sole proprietorship form of business AND
         the advantages and disadvantages of the partnership form.
    *  You should be able to write out a definition for the terms at the end of Chapter 5--page130.

Week of March 3 - 7

Friday, March 7 (Day 22)

  • Assignment: Chapter 5 Vocabulary--due today
  • Chapter 5 Review Facts are due Monday
  • Incomplete Auto Purchase Contract assignments were handed back so students could complete/correct their work--then the corrected contract was handed in.

Thursday, March 6 (Day 21)

  • Assignment: Auto Purchase Contract--completed and turned in
  • Assignment: Chapter 5 Vocabulary--due tomorrow. The Review Facts questions are tentatively due Monday.

Wednesday, March 5 (Day 20)-- No Class on Wednesdays

Tuesday, March 4 (Day 19)

  • Chapter 4 Review Facts should be turned in at the beginning of the period. I forgot to ask for this assignment yesterday.
  • Elements of a binding contract--reviewed
  • Assignment: Prepare a contract to purchase a car or truck listed on Autotrader.com . Address all the elements needed for this to be a binding contract.  Assignment Details

Monday, March 3 (Day 18)

  • Assignment: Duvall Landscaping, Project 1 -- due today at the end of the period
    * Make sure that you have checked your work with the online key
    * Together we will prepare an ending balance sheet--which will be turned in with the entire project
  • Signed progress reports were turned in today. Bring them tomorrow if you forgot today.
  • Chapter 4 Review Facts was suppose to be turned in today, but because I forgot to ask for it you will get full credit if you turn it in tomorrow at the beginning of class.

Week of February 25 - 29

Friday, February 29 (Day 17)

  • Chapter 4 Vocabulary should be turned in today
  • Duvall Landscaping assignment:
    * Check you work against the key to make sure your entries and postings are correct
    * We will prepare a balance sheet for Duvall Landscaping
    * Turn in the Duvall Landscaping project with the ending balance sheet. This may be turned in Monday if you
        need more time to correct your mistakes.

Thursday, February 28 (Day 16)

  • Assignment: Duvall Landscaping--record and post the transactions dated February 28.  We will be checking the work tomorrow and turning in the completed packet.
  • Assignment: Chapter 4 Vocabulary--due tomorrow.
  • Assignment: Chapter 4 Review Facts--due Monday, March 3

Wednesday, February 27 (Day 15)-- No Class on Wednesdays

Tuesday, February 26 (Day 14)

  • Assignment: Record and post the Duvall Landscaping transactions dated February 26.
  • Continue to work on the Chapter 3 Review Questions -- due Thursday at the beginning of the period

Monday, February 25 (Day 13)

  • Assignment: Record and post the Duvall Landscaping transactions dated February 25.
  • Assignment: Chapter 3 Review Questions -- due Thursday at the beginning of the period

Week of February 11 - 15

Friday, February 15 (Day 12)

  • Duvall Landscaping: Check the your February 14 entries--recording the entries in the journal and posting them in the ledger.
     
  • Turn in:
                   * Chapter 2 Review Facts
                   * Chapter 1 Case 1-1 and Case 1-2
                   * Chapter 3 Vocabulary

Thursday, February 14 (Day 11)

  • Chapter 2 Review Facts is due at the beginning of the period--these may be turned in tomorrow--check your answers--page numbers for all answers were given in class
  • Chapter 1 Case 1-1 and Case 1-2--due today--will also be given full credit if turned in tomorrow
  • Chapter 3 Vocab is due tomorrow
  • Duvall Landscaping--check the entries from February 11 and record and post two new entries dated February 14

Wednesday, September 13 (Day 10)-- No Class on Wednesdays

Tuesday, February 12 (Day 9)

  • Chapter 2 Vocabulary is due at the beginning of the period
  • Finish the Chapter 1 case problems (Case 1-1 on page 26 and Case 1-2 on page 27)
  • Assignment: Chapter 3 Vocabulary, page 77. Read and define the vocabulary words listed on page 77. This will be due at the beginning of the period on Friday

Monday, February 11 (Day 8)

  • Check your first two entries for the Duvall Landscaping project with the key on our class web site
  • Assignment: Duvall Landscaping--record and post the three transactions from from February 11.
  • Assignment: Chapter 1 Case 1-1 and 1-2, pages 26 and 27. This will be due Thursday, February 14.

Week of February 4 - 8

Friday, February 8 (Day 7)

  • Assignment: Duvall Landscaping Project--we will get a packet for the accounting entries for this project. We will enter the first two transactions.
  • We checked the balance sheet done yesterday, and stapled it to the back of the packet.
  • DATE CHANGE:  The Chapter 2 Vocabulary will now be due on TUESDAY (2/12) instead of Monday, and the Chapter 2 Review Facts will be due on Thursday (2/14).

Thursday, February 7 (Day 6)

  • Assignment: Chapter 2 Vocabulary was assigned--due on Monday at the beginning of the period.
  • Assignment: Chapter 2 Review Facts was assigned--due on Monday at the beginning of the period.
  • Assignment: Duvall Landscaping Project--we prepared the beginning balance sheet. This will be turned in when we finish the project later in the month

Wednesday, September 6 (Day 5)-- No Class on Wednesdays

Tuesday, February 5 (Day 4)

  • Chapter 1 Review Facts must be turned in at the beginning of the period to receive full credit. Late assignments were earn half credit.
     
  • Accounting: we started a list of accounting terms and definitions:
    * Assets (anything of value to the business)
    * Liabilities (debts of the business)
    * Capital/Owner's Equity (In general, both terms have the same difinition: the owner's value in the business)
    * Owners drawing account (keeps track of what the owner takes out of the business for personal use)
    * Revenue (how the business normally makes money)
    * Expenses  (short-term costs that directly relate to earning revenue)
     
  • We started to learn about the accounting system of debits and credits

Monday, February 4 (Day 3)

  • Due Today: Chapter 1, Vocabulary, 30 terms listed on page 23 must be turned in at the beginning of the period to get full credit. Half credit will be given for this assignment if it is turned in late.
  • We spent the period working on the Chapter 1 Review Facts questions

Week of January 31 - February 1

Friday, February 1 (Day 2)

  • Signed syllabus cover pages will be collected for grade points
  • Continue to work on the vacabulary words from Chapter 1--they are due at the beginning of the period tomorrow.
  • Assignment: Chapter 1 Review Facts--15 questions, pages 23-24. This assignment will be due at the beginning of the period next Tuesday, February 5.

Thursday, January 31 (Day 1)

  • We will cover the course syllabus
  • Assignment: Have your parents read over the syllabus and sign the front page. Bring the syllabus back to class--signed--for grade points.
  • Books will be checked out. You will check out a book that you can keep at home.
     

  • Assignment: Read Chapter 1 and define the terms listed on page 23 at the end of the chapter. It is easiest if you define the terms as you read through the chapter--the terms will be shown in red in the text. This is due at the beginning of the period on Monday.


Week of April 12 - May 16

Friday, May 16 (Day 67)

Thursday, May 15 (Day 66)

Wednesday, May 14 (Day 65) -- No Class on Wednesdays

Tuesday, May 13 (Day 64)

Monday, May 12 (Day 63)