Today we are recapping the accrual concept, submitting homework, as well as looking at the trial balance. Going forward we'll complete the adjustment transactions directly onto the trial balance sheet (instead of working through the general leder - we do this to save time).
Homework: Act. 9.13 (Complete adjustments on the provided document/workbook).
Today we're going to work through the test from yesterday, but instead of doing the adjustments on the trial balance, we're going to post the transactions straight into the general ledger (as if we've done the general journal entries).
Download the document and save it to your device in the following format: Surname_Name.
Complete (in class) the SOI & SFP based on the information in the second tab of the excel document. This is a breakdown of the General Ledger (including the Final Accounts) of act. 9.19.
At the end of the lesson, e-mail your work-in-progress to your teacher (email@example.com or firstname.lastname@example.org). We will complete the activity in class tomorrow and it will contribute to your assessed mark.