Day 15 - Ch 5 Retake

• ch. 5 Quiz Retake
• review notes on Inventories

Day 14 - Finalize Your Paper Slide Video: Inventories

1. get into your groups
2. review your plan
1. who will do what research
2. who will draw
3. who will talk
4. how will your scenes look
3. review notes about the topic  (Chapter 6: Control, Assumptions, Perpetual)
4. design scene and script
5. practice, practice, practice

Day 13 - Introduction to Paper Slides

1. watch the videos below about Paper Slide Videos
2. create your groups
3. devise a plan
1. who will do what research
2. who will draw
3. who will talk
4. how will your scenes look
4. take notes about the topic (Chapter 6: Control, Assumptions, Perpetual)

http://youtu.be/Qf6L1PTG3p4

http://youtu.be/Y5be23IGyWc

http://paperslide.wikispaces.com/Guidelines

Rubric

Day 12 - Introduction to Chapter 6:

Day 12 - Introduction to Chapter 6:

Review how to and practice taking notes (for learning, not for doing).

• 4P3R
• Preview
• Prior Knowledge
• Predictions
• Purpose
• Read and Write
• Reread and Revise
• Review

Things you should know:

• control of inventory
• PO
• receiving report
• invoice
• subsidiary ledger
• controls
• physical inventory
• cost flow assumptions
• specific ID
• FIFO
• LIFO
• Average Cost
• perpetual inventory system
• FIFO
• LIFO
• Average Cost

Day 11 - Test Corrections

Day 10 - Chapter 5 Quiz

Day 10 - Chapter 5 Quiz

Day 9 - Review for Chapter 5 Quiz

Day 9 - Review for Chapter 5 Quiz

• Take this practice quiz

Day 8 - Purchasing, Freight, and Other Topics

Day 8 - Purchasing, Freight, and Other Topics

Prepare Notes on the following topics

• Purchase Transactions
• Purchases (perpetual system)
• Purchases Discounts
• Purchases Returns and Allowances
• debit memorandum
• creditor
• Freight
• FOB
• shipping point
• destination
• delivery expense
• Sales Tax and Trade Discounts
• Sales Taxes
• Trade Discounts
• Adjusting and Closing Process
• Adjusting for Shrinkage
• Closing Entries
• Ratio of Net Sales to Assets

Day 7.5 - Sales Ledgers and Transactions

Day 7.5 - Sales Ledgers and Transactions

Prepare Notes on the following topics:

• Sales Ledgers
• Subsidiary Ledger
• A/R
• A/P
• Inventory
• General Ledger
• Controlling Account
• Sales Transactions
• Cash Sales (don’t forget Cost of Goods Sold)
• Clearing Houses
• Sales on Account
• Sales Discounts
• invoice
• credit terms
• credit period
• Sales Returns and Allowances
• credit memorandum

Day 7 - Record Your Paper Slide Video: Financial Statements

Day 7 - Record Your Paper Slide Video: Financial Statements

1. get into your groups
2. review your plan
1. who will do what research
2. who will draw
3. who will talk
4. how will your scenes look
3. review notes about the topic (Chapter 5: Financial Statements)
4. design scene and script
5. practice, practice, practice
6. record
7. publish to YouTube
8. submit the URL through the assignment submission form

Day 6 - Take Notes on Other Financial Statements

Day 6 - Take Notes on Other Financial Statements

Prepare notes for the following topics:

• Single Step Income Statement
• Retained Earnings Statement
• Balance Sheet
• Report Form
• Current Assets
• Property, Plant and Equipment
• Current Liabilities
• Long-term Liabilities
• Capital Stock
• Retained Earnings
• Chart of Accounts for a Merchandising Business
• Merchandise Inventory
• Sales
• Sales Returns and Allowances
• Sales Discounts
• Cost of Merchandise Sold
• Delivery Expense

Day 5 - Take Notes on Multi-Step Income Statement

Day 5 - Take Notes on Multi-Step Income Statement

Prepare notes for the following topics:

• Revenue from Sales
• Sales
• Sales Returns
• Sales Allowances
• Sales Discounts
• Net Sales
• Cost of Merchandise Sold
• Periodic Inventory System
• Perpetual Inventory System
• Gross Profit
• as bonus: look up what Gross Margin Percentage represents
• Income from Operations
• Selling Expenses
• Administrative (General) Expenses
• Other Income and Expenses
• aka: Non-Operating Income and Expenses
• Bonus: look up definition of:
• Income Before Taxes
• Federal Corporate Income Tax Expense

Start thinking about how to turn this info into a Paper Slide Video

Day 4 - Record Your Paper Slide Video: Nature of Merchandising

Day 4 - Record Your Paper Slide Video: Nature of Merchandising

1. get into your groups
2. review your plan
1. who will do what research
2. who will draw
3. who will talk
4. how will your scenes look
3. review notes about the topic (Chapter 5: Nature of Merchandising Businesses)
4. design scene and script
5. practice, practice, practice
6. record
7. publish to YouTube
8. submit the URL through the assignment submission form

Day 3 - Finalize Your Paper Slide Video

Day 3 - Finalize Your Paper Slide Video: Nature of Merchandising

1. get into your groups
2. review your plan
1. who will do what research
2. who will draw
3. who will talk
4. how will your scenes look
3. review notes about the topic (Chapter 5: Nature of Merchandising Businesses)
4. design scene and script
5. practice, practice, practice

Day 2 - Intro to Paper Slides

Day 2 - Introduction to Paper Slides

1. watch the videos below about Paper Slide Videos
2. create your groups
3. devise a plan
1. who will do what research
2. who will draw
3. who will talk
4. how will your scenes look
4. take notes about the topic (Chapter 5: Nature of Merchandising Businesses)
5. summarize notes and revise your plan
6. design scene and script
7. practice, practice, practice
8. record
9. publish to YouTube
10. submit the URL through the assignment submission form

http://paperslide.wikispaces.com/Guidelines

Rubric