QUESTION OF THE DAY
10pts daily, due by the end of class.
Every day, class will start with a "Question of the Day". You should do your best to write a complete response (25 word minimum) to the question and EMAIL it to me. If you aren't sure about what to write, please ask! No credit will be given for late QODs, unless you were absent that day.
Monday, February 4: No QOD
Tuesday, February 5: Have you ever kept a diary or journal (or known someone who has)? How do people usually organize the entries in their journals? Why?
Wednesday, February 6: No QOD
Thursday, February 7: No QOD
Friday, February 8: No QOD
Monday, February 11: How does the journal represent an example of “double entry” accounting? What benefit does this provide?
Tuesday, February 12: Most businesses allow customers to buy on account (credit cards) these days. What are the challenges of doing this?
Wednesday, February 13: What should you do if you make a mistake while writing a check?
Thursday, February 14: We’re going to learn a different way of keeping track of accounts today (instead of T-Accounts). What are some of the problems with using T-Accounts?
Friday, February 15: After journalizing and posting to the ledger, why is it still necessary to prepare a trial balance?
Tuesday, February 19: Today we’ll be reviewing the journal and ledger in teams. Why do you think it’s important to learn how to effectively work in teams for accounting?
Wednesday, February 20:
Thursday, February 21:
Friday, February 22:
100pts weekly, due by Sunday at midnight.
Every week, you will be responsible for finding a recent news article which relates to a relevant business, finance, or entrepreneurship topic. The criteria include:
A 250 word paragraph that (1) summarizes your article, (2) explains how it relates to class, and (3) provides your own personal reflections on the topic.
Typed in MS Word or Google Docs and attached to an email.
Use MLA format for the paper and cite your source.
- No credit will be given if your current event does not meet all of these criteria.
Example of Current Event in MLA Format
Yahoo Business: //news.yahoo.com/business/
CNN Money: //money.cnn.com/
Fox Business: www.foxbusiness.com/index.html
NBC Business: www.nbcnews.com/business#/
ABC Business: //abcnews.go.com/business
CBS MoneyWatch: www.cbsnews.com/moneywatch/
Fast Company: www.fastcompany.com
Young Entrepreneur: www.youngentrepreneur.com
Wall Street Cheat Sheet: //wallstcheatsheet.com/
Tax Information for Students (Resource): //www.irs.gov/individuals/students/index.html
Ohio Society of CPAs: www.ohiocpa.com
American Institute of CPAs: www.aicpa.org
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