STEAM Academy at

McCluer South-Berkeley High School

Accounting I
CHAPTER 3 AGENDA
Learning Objectives:

I can define an accounting journal

I can explain why an accounting journal is used.
I can compare different types of source documents.
I can contrast types of source documents.
I can identify the four parts of the journal entry.
I can analyze transactions using source documents.
I record cash transaction using source documents.
I can analyze transactions for buying on account
I record transaction for paying on account.
I can analyze transactions that affect owner’s equity.
I can record transactions that affect owner’s equity.
I can analyze sales.
I can record sales.
I can analyze receipt of cash on account.
I can record the receipt of cash on account.
I can demonstrate when to end a journal page.
I can demonstrate how to start a new journal page.
I can identify errors using standard accounting practices.
I can correct errors using standard practices.
DATE ASSIGNMENT/ACTIVITY
October 22, 2020 o Terms 3-1
o Audit Your Understanding 3-1, 3-2, 3-3,
3-4
o DUE: Working Papers 3-1, 3-2, 3-3, &
3-4
November 3, 2020 o DUE: Application Problem 3-1;
Application Problem 3-2; Application
Problem 3-3; Application Problem 3-
4.1; Application Problem 3-4.2;
Mastery Problem 3-M (Static); Source
Documents 3-S; Challenge Problem 3-
M(Randomized); Problem 3-C;
Chapter 3 Study Guide
o Chapter 3 T/F Quiz
o Chapter 3 Completion Activity
 November 5, 2020 o DUE: Chapter 3 Exam & Cornell Notes

Reminders:
 Most assignments are on Cengage’s MindTap, which can be accessed at the following link:
https://k12.cengage.com/portal/Account/LogOn?ReturnUrl=%2fportal%2f
 Use Notes and Videos to assist you with developing a clear understanding of accounting tenets.
 Keep a journal to organize questions that may emerge during your readings and watching of
videos.
 The assignments or activities in bold affect your grade.
 Do the practice, non-bold assignments to deepen your understanding of the material.
 All problems are due at 11:59 PM on the assigned date.