{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

ch02 - CHAPTER 2 The Recording Process ASSIGNMENT...

Info iconThis preview shows pages 1–5. Sign up to view the full content.

View Full Document Right Arrow Icon
2-1 CHAPTER 2 The Recording Process ASSIGNMENT CLASSIFICATION TABLE Study Objectives Questions Brief Exercises Exercises A Problems B Problems 1. Explain what an account is and how it helps in the recording process. 11 2. Define debits and credits and explain their use in recording business transactions. 2, 3, 4, 5, 6, 7, 8, 9, 14 1, 2, 5 2, 4, 6, 7, 14 1A, 2A, 3A, 5A 1B, 2B, 3B, 5B 3. Identify the basic steps in the recording process. 10, 19 4 6, 7 4. Explain what a journal is and how it helps in the recording process. 11, 12, 13, 14, 16 3, 6 3, 5, 6, 7 10, 11, 12 1A, 2A, 3A, 5A 1B, 2B, 3B, 5B 5. Explain what a ledger is and how it helps in the recording process. 17 8 6. Explain what posting is and how it helps in the recording process. 15, 17 7, 8 9, 12 2A, 3A, 5A 2B, 3B, 5B 7. Prepare a trial balance and explain its purposes. 18, 20 9, 10 9, 10, 11, 13, 14 2A, 3A, 4A, 5A 2B, 3B, 4B, 5B
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
2-2 ASSIGNMENT CHARACTERISTICS TABLE Problem Number Description Difficulty Level Time Allotted (min.) 1A Journalize a series of transactions. Simple 20–30 2A Journalize transactions, post, and prepare a trial balance. Simple 30–40 3A Journalize and post transactions, and prepare a trial balance. Moderate 40–50 4A Prepare a correct trial balance. Moderate 30–40 5A Journalize transactions, post, and prepare a trial balance. Moderate 40–50 1B Journalize a series of transactions. Simple 20–30 2B Journalize transactions, post, and prepare a trial balance. Simple 30–40 3B Journalize transactions, post, and prepare a trial balance. Moderate 40–50 4B Prepare a correct trial balance. Moderate 30–40 5B Journalize transactions, post, and prepare a trial balance. Moderate 40–50
Background image of page 2
BLOOM’S TAXONOMY TABLE 2-3 Correlation Chart between Bloom’s Taxonomy, Study Objectives and End-of-Chapter Exercises and Problems Study Objective Knowledge Comprehension Application Analysis Synthesis Evaluation 1. Explain what an account is and how it helps in the recording process. Q2-1 E2-1 2. Define debits and credits and explain their use in recording business transactions. Q2-2 Q2-3 Q2-4 Q2-5 Q2-6 Q2-7 Q2-8 Q2-9 Q2-14 BE2-1 BE2-2 BE2-5 E2-2 E2-4 E2-6 E2-7 E2-14 P2-1A P2-2A P2-3A P2-5A P2-1B P2-2B P2-3B P2-5B 3. Identify the basic steps in the recording process. Q2-10 Q2-19 BE2-4 4. Explain what a journal is and how it helps in the recording process. Q2-12 Q2-11 Q2-13 Q2-16 BE2-3 BE2-6 E2-3 E2-5 E2-10 E2-11 E2-12 5. Explain what a ledger is and E2-8 Q2-17 6. Explain what posting is and Q2-15 BE2-7 BE2-8 E2-9 7. Prepare a trial balance and explain its purposes. Q2-18 BE2-9 Q2-20 BE2-10 E2-13 P2-4A P2-4B Broadening Your Perspective Financial Reporting Decision Making Across the Organization Exploring the Web Comparative Analysis Communication All About You Ethics Case
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
2-4 ANSWERS TO QUESTIONS 1. A T account has the following parts: (a) the title, (b) the left or debit side, and (c) the right or credit side.
Background image of page 4
Image of page 5
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

Page1 / 56

ch02 - CHAPTER 2 The Recording Process ASSIGNMENT...

This preview shows document pages 1 - 5. Sign up to view the full document.

View Full Document Right Arrow Icon bookmark
Ask a homework question - tutors are online