Tuesday, December 14, 2010

bellringer - 12.14.10

43. What is the source document for a correcting entry?



44. When can cash be proved?

Friday, December 10, 2010

bellringer - 12.10.10

41. What verb would you use to describe the process we are going to learn about in Chapter 5?



42. Journal : ___________ :: transaction : journal

Wednesday, December 8, 2010

bellringer - 12.08.10

39. What would be the accounts debited and credited in the initial business transaction of a sole proprietorship?



40. What tactics and strategies did you use to prepare for the Chapter 4 Test?

Sunday, December 5, 2010

bellringer - 12.06.10

37. True or False     Errors in a journal entry should be erased, then neatly and properly rewritten.



38. If a sale for services was made on account for $500 on April 4, which account would be debited? Which would be credited?

Thursday, December 2, 2010

bellringer - 12.02.10

35. Please list three advantages of a proprietorship.



36. Please list four disadvantages of a proprietorship.