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After studying Chapter 6, you will be able to:
- Define accounting terms related to a work sheet for a service business organized as a proprietorship.
- Identify accounting concepts and practices related to a work sheet for a service business organized as a proprietorship.
- Prepare a heading and a trial balance on a work sheet.
- Plan adjustments for supplies and prepaid insurance.
- Complete a work sheet for a service business organized as a proprietorship.
- Identify selected procedures for finding and correcting errors in accounting records.
Notes 6-3
- Obtain a Notes 6-3 handout from your instructor and record your notes through the presentation. You can also view the presentation here.
Working Together 6-3
- Use your Lesson 6-1, 6-2, 6-3 spreadsheet to complete the Working Together 6-3 exercises
- Complete the spreadsheet according to the directions on page 166 or below.
On Your Own 6-3
- Use your Lesson 6-1, 6-2, 6-3 spreadsheet to complete the On Your Own 6-3 exercises
- Complete the spreadsheet according to the directions on page 166 or below.
Self-Assessment 6-3
- Complete this self-assessment for Lesson 6-3. You can use your textbook and notes to complete this assessment.
Application Problem 6-3
- Use your Lesson 6-1, 6-2, 6-3 spreadsheet to complete Application Problem 6-3.
- Complete the spreadsheet according to the directions on page 173 or below.
