After completing Lesson 2-2, you will be able to:
- Define accounting terms related to analyzing transactions into debit and credit parts.
- Identify accounting practices related to analyzing transactions into debit and credit parts.
- Use T accounts to analyze transactions showing which accounts are debited or credited for each transaction.
- Analyze how transactions to set up a business affect accounts.
Notes 2-2
- Obtain a Notes 2-2 handout from your instructor and record your notes through the presentation. You can also view the presentation here.
Working Together 2-2
- Make a copy of this spreadsheet.
- Place this file in your Chapter 2 folder.
- Rename the file to Lesson 2-2-(Your Initials)
- Complete the spreadsheet according to the directions on page 37 in your textbook.
On Your Own 2-2
- Using your Lesson 2-2 spreadsheet, complete the spreadsheet according to the directions on page 37 in your textbook.
Self-Assessment 2-2
- Complete this self-assessment for Lesson 2-2. You can use your textbook and notes to complete this assessment.
Lesson 2-2 Assignment
- Using your Lesson 2-2 spreadsheet, complete the spreadsheet according to the directions on page 46-47 in your textbook.