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JEFFBOULTON.CA

Mr. Boulton's Website

This is Jeff Boulton's professional portal for his students and colleagues. Whether you need extra help in a course, resources to use as an educator, have general questions, or are one of his students, this is where you start your search. You'll find contact info, course outlines, notes, resources, self-marking quizzes, self-evaluations, weblinks and more.

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This is Jeff Boulton's professional portal for his students and colleagues. Whether you need extra help in a course, resources to use as an educator, have general questions, or are one of his students, this is where you start your search. You'll find contact info, course outlines, notes, resources, self-marking quizzes, self-evaluations, weblinks and more.
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Mr. Boulton's Website | jeffboulton.ca Reviews

https://jeffboulton.ca

This is Jeff Boulton's professional portal for his students and colleagues. Whether you need extra help in a course, resources to use as an educator, have general questions, or are one of his students, this is where you start your search. You'll find contact info, course outlines, notes, resources, self-marking quizzes, self-evaluations, weblinks and more.

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1

Adjustments

http://www.jeffboulton.ca/BAF%203M1%20Note%20-%20Adjustments.htm

What are Adjustments and Why are They a Concern? D Salaries and Wages. 3 Allocations and Amortization. C Amortization - What is it? D Amortization - How do you Amortize? I The Straight-Line method. Ii The Declining Balance method. Adjustment are exactly what the name suggests: they are adjustments made to the books of a company at the end of the accounting cycle. Adjustments are made to ensure that financial information adheres to GAAPs. Why are they a concern? This is a late invoice requiring an adjustm...

2

Merchandise Perpetual

http://www.jeffboulton.ca/BAF%203M1%20Note%20-%20Merchandise%20Perpetual%20Intro%20and%20Journals.htm

The Perpetual Method of Merchandise Accounting. Part VI: Introduction to the Perpetual Method. The Basis for the Perpetual Method. Accounts Used in Perpetual. As you may recall from the introduction to accounting for a merchandise business. There are two methods:. We now will learn how the perpetual method of accounting, varies from the periodic method. Essentially, you will find that the two methods differ only when the “costing” of inventory. Basis for the Perpetual Method. Account as they happen. ...

3

Untitled Document

http://www.jeffboulton.ca/BAF%203M1%20Note%20-%20Worksheet%20with%20Adjustments.htm

Finishing the Worksheet with Adjustments. In this activity we return to the worksheet. By now you should know how to make and complete one without adjustments.Now you will learn how to add adjustments to the worksheet and then complete the worksheet with adjustments. This fits into the accounting cycle as follows:. Take the worksheet for Jane Doe Company for the month ending January 31st, of this year. To view, click below:. Supplies remaining in the storeroom are valued at $480.

4

The Cost of Goods Sold

http://www.jeffboulton.ca/BAF%203M1%20Note%20-%20COGS.htm

The Cost of Goods Sold (COGS). The Significance of Inventory. Cost of Goods Sold Calculation. Cost of Goods Sold Schedule. The Significance of Inventory. Inventory adds an entirely new dimension to running and evaluating a business. Inventory values can also be “played” with to alter a business’ reported Net Income. How? This is because the cost of inventory eventually makes it to the income statement as an expense called Cost of Goods Sold. The more you sell, the higher your cost of goods sold expense.

5

Adjustments

http://www.jeffboulton.ca/BAF%203M1%20Note%20-%20Closing%20Entries.htm

Adjusting and Closing Entries. 1 What are closing entries? 2 What accounts are closed? 3 Why do we close temporary accounts? 4 How is it done? What are Closing Entries? You have now learned every step in the accounting cycle except the last. This is where we journalize our adjusting entries (we just put them on the worksheet before), and where we perform closing journal entries. Once we have journalized our adjustments, we perform closing entries. What Accounts are “Closed”? From cash down to Capital).

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LINKS TO THIS WEBSITE

boulton.wikispaces.com boulton.wikispaces.com

Boulton - home

http://boulton.wikispaces.com/home

Skip to main content. Create interactive lessons using any digital content including wikis with our free sister product TES Teach. Get it on the web. Welcome to Mr. Boulton's Wikispaces Page. J Boulton, B.Comm, B.Ed. Business and Math Studies. Iroquois Ridge High School. Oakville, Ontario, L6H 5M1. This page works just like Wikipedia, the online encyclopedia. Students can add content, and modify the content of others. Please use this site freely but wisely. BAT 4M1 - Grade 12 Financial Accounting.

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staceydibz - home

http://staceydibz.wikispaces.com/home

Skip to main content. Create interactive lessons using any digital content including wikis with our free sister product TES Teach. Get it on the web. Help on how to format text. Contributions to http:/ staceydibz.wikispaces.com/ are licensed under a Creative Commons Attribution Share-Alike 3.0 License. TES: The largest network of teachers in the world. Turn off "Getting Started".

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Mr. Boulton's Website

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