Chapter 9

Recording Adjusting and Closing Entries for a Service Business

Essential Questions

How are adjusting entries for a service business organized as a proprietorship recorded? How are closing entries for a service business organized as a proprietorship recorded? How is a post-closing trial balance for a service business organized as a proprietorship prepared?

TERMS FOR CHAPTER 9

- adjusting entries - temporary accounts - post-closing trial balance

- permanent accounts - closing entries - accounting cycle

ASSIGNMENTS

Recording Adjusting Entries Read pp. 192-196 1) View Power Point presentation 9-1 2) Complete Application Problem 9-1 p. 211 3) Work on Study Guide 9 January 5 Recording Closing Entries Read pp. 197-203 1) View Power Point presentation 9-2 2) Complete Application Problem 9-2 p. 211 3) Continue to Work on Study Guide 9 January 6 Preparing a Post-Closing Trial Balance Read pp. 204-210 1) View Power Point presentation 9-3 2) Complete Application Problem 9-3 p. 212 3) Complete Study Guide 9 January 7

Complete Mastery Problem 9-4 p. 212 January 8 Complete Recycling Problem 9-1 p. c-9 This will count as your test for this chapter. January 9 Additional Chapter exercises Chapter Nine Internet Activity Accounting in Your Career p. 193 Cases for Critical Thinking p. 214 Complete Case 1, 2 and Case 3. due January 12 Challenge Problem 9-5 p. 213 may be completed for extra credit due January 15