After completing Lesson 3-3, you will be able to:
- Identify accounting concepts and practices related to journalizing transactions.
- Record transactions that affect owner’s equity and receiving cash on account in a five-column journal.
Notes 3-3
- Obtain a Notes 3-3 handout from your instructor and record your notes through the presentation. You can also view the presentation here.
Working Together 3-3
- Make a copy of this spreadsheet.
- Place this file in your Chapter 3 folder.
- Rename the file to Lesson 3-3-(Your Initials)
- Complete the spreadsheet according to the directions on page 73.
On Your Own 3-3
- Using your Lesson 3-3 spreadsheet, click on the On Your Own 3-3 sheet at the bottom left, and complete the problem as directed on page 73.
Self-Assessment 3-3
- Complete this self-assessment for Lesson 3-3. You can use your textbook and notes to complete this assessment.
Lesson 3-3 Assignment
- Using your Lesson 3-3 spreadsheet, click on the Application Problem 3-3 sheet at the bottom left, and complete the problem as directed on page 80.
- Using your Lesson 3-3 spreadsheet, click on the Application Problem 3-5 sheet at the bottom left, and complete the problem as directed on page 81.