Ch02_SM - © 2009 For Instructor Use Only 2-1 CHAPTER 2 The...

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Unformatted text preview: © 2009 For Instructor Use Only 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. 1 1 2. Define debits and credits and explain their use in recording business transactions. 2, 3, 4, 5, 6, 7, 8, 9 1, 2 1, 3, 5, 6, 13 1A, 2A, 3A, 4A 1B, 2B, 3B, 4B 3. Identify the basic steps in the recording process. 10, 14, 19 3 5, 6 4. Explain what a journal is and how it helps in the recording process. 11, 12, 13, 14, 16 4, 5 2, 4, 5, 6, 7, 9, 10 1A, 2A, 3A, 4A 1B, 2B, 3B, 4B 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 6, 7 7, 11 2A, 3A, 4A 2B, 3B, 4B 7. Prepare a trial balance and explain its purposes. 18, 20 8, 9 9, 10, 11, 12, 13 2A, 3A, 4A, 5A 2B, 3B, 4B, 5B © 2009 For Instructor Use Only 2-2 ASSIGNMENT CHARACTERISTICS TABLE Problem Number Description Difficulty Level Time Allotted (min.) 1A Journalize a series of transactions. Simple 20–30 2A Journalize and post transactions, and prepare a trial balance. Moderate 40–50 3A Journalize transactions, post, and prepare a trial balance. Simple 30–40 4A Journalize transactions, post, and prepare a trial balance. Moderate 40–50 5A Prepare a correct trial balance. Moderate 30–40 1B Journalize a series of transactions. Simple 20–30 2B Journalize transactions, post, and prepare a trial balance. Moderate 40–50 3B Journalize transactions, post, and prepare a trial balance. Simple 30–40 4B Journalize transactions, post, and prepare a trial balance. Moderate 40–50 5B Prepare a correct trial balance. Moderate 30–40 © 2009 For Instructor Use Only 2-3 B L O O M ’S T A X O N O M Y T A B L E © 2 9 F o r In s t r u c to r U s e O n ly 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 BE2-1 BE2-2 E2-1 E2-2 E2-5 E2-6 E2-13 P2-1A P2-2A P2-3A P2-4A P2-1B P2-2B P2-3B P2-4B 3. Identify the basic steps in the recording process. Q2-10 Q2-14 Q2-19 BE2-4 E2-5 E2-6 4. Explain what a journal is and how it helps in the recording process. Q2-12 Q2-11 Q2-13 Q2-14 Q2-16 BE2-4 BE2-5 E2-2 E2-4 E2-5 E2-6 E2-9 E2-10 P2-1A P2-2A P2-3A P2-4A P2-1B P2-2B P2-3B P2-4B 5. Explain what a ledger is and how it helps in the recording process....
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This note was uploaded on 03/10/2011 for the course ACCOUNTING acct101 taught by Professor Loons during the Spring '08 term at Uni Konstanz.

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Ch02_SM - © 2009 For Instructor Use Only 2-1 CHAPTER 2 The...

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