After studying Chapter 14, you will be able to:
- Define accounting terms related to distributing dividends and preparing a work sheet for a merchandising business.
- Identify accounting concepts and practices related to distributing dividends and preparing a work sheet for a merchandising business.
- Journalize the declaration and payment of a dividend.
- Begin a work sheet for a merchandising business.
- Plan work sheet adjustments for merchandise inventory, supplies, prepaid expenses, uncollectible accounts, and depreciation.
- Calculate federal income tax and plan the work sheet adjustment for federal income tax.
- Complete a work sheet for a merchandising business.
Chapter 14 Folder
- Share your Chapter 14 folder with your teacher. Your folder should include the following:
- Lesson 14-1
- Lesson 14-2,14-3,14-4,14-5,14-6
- Mastery Problem 14-7
- Challenge Problem 14-8
Chapter 14 Exam
- Chapter 14 Exam (password required)
Assignment
- Read Chapter 15