Complete Comprehensive Exercise 6a Page 258-
1.Read pages 228-232 Complete review questions 1-13
2. Exercise 1 page 233-234
3. Exercise 2 and 3 posting exercises in the workbook
Please work in Teams to complete the following practice:
Please Complete Exercise 6B Page 219
(ignore the textbook instructions and assume the company uses the HST)
Optional: Please complete and submit to D2L for review
I hope you and your families are doing well in these challenging times.
Feel free to email me via D2L as I will be posting lessons on this blog and D2L.
Discussion: the recording of sales taxes in other provinces using the PST and GST
Discussion: How is the HST is recorded in the books of the seller and the purchases?
Remitting the HST
Additional Practice and Review: Read 197-204
Review Questions: 1-18
Additional Class Work:
Comprehensive Exercise 7 page 167 – Due Monday
Key Questions to Focus on:
How do Revenue, Expenses and Drawing effect the Owner’s Equity?
Which Accounting Principles are critical to these new accounts?
Additional Practice and Review:
Review Questions 1-9 Page 149
Exercises 1-3 Page 150-152