ASSETS = LIABILITIES + OWNER'S EQUITY         and                DEBITS = CREDITS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 

 

November 15,

 

Due to all of the special events going on last week, we did not get the test for chapter nine taken on Friday.  We will be doing that on Tuesday.  On Monday, we will clear up any questions on Purchases, Cash Payments, and Purchase Returns.  Then, we will begin looking at Sales, Cash Receipts, and Sales Returns and Allowances.  These are the main topics that are covered in Chapter 10.  Along with these topics, we will be introduced to the Sales Journal and the Cash Receipts Journal.  We hope to get back on schedule this week or next.

 

 

Here is the link to our work site:  http://www.aplia.com/

 

Here is another site where you can get more information, practices and reviews for tests:  http://websites.swlearning.com/cgi-wadsworth/course_products_wp.pl?fid=M20bI&product_isbn_issn=0538447052&discipline_number=600