Source Documents Work Period

  • Complete and submit Comp. Exercise 7 Page 167 (make sure both partners names are on it.)
  • Examine each source document in your readings (pages 184-192) and copy the journal entries associated with it
  • Record new GAAP – the cost principle-what is the corresponding IFRS rule?

Additional Class Work:

  • Read 184-192
  • Review Questions 1-21
  •  Exercises 1-5 (pages 192-196)