T-Chart Activity

T-chart

Accounting

Activity

Here is where your presentation begins

T-chart

Accounting

Activity

About this activity

●Get a dry erase board and marker

●You will work with your table partner

●Each team to answer first, will receive Character Count bucks

●You will also receive Bonus points toward the next test

T-chart rules

Must include Dr, Cr. and NB to have correct answer

Draw T-chart

Prepaid Insurance

Draw T-chart

Sales (Revenue)

Draw T-chart

Supplies

Draw T-chart

Accounts Receivable

Draw T-chart

Cash

Draw T-chart

Advertising Expense

Draw T-chart

Withdrawal

Draw T-chart

Capital

Draw T-chart

Accounts Payable

Draw T-chart

Prepaid Insurance

Draw T-chart

Sales (Revenue)

Draw T-chart

Supplies

Draw T-chart

Accounts Receivable

Draw T-chart

Cash

Draw T-chart

Advertising Expense

Draw T-chart

Withdrawal

Draw T-chart

Capital

Draw T-chart

Accounts Payable

Analyze
Transactions:
(Each person
draw a t-chart)

Analyze the
transaction

Received Cash from

owner investment of

$9000.

Paid Cash for Supplies

$370

Analyze the
transaction

Analyze the
transaction

Received Cash from sales

$1800.

Paid cash on account to

Emmer Supplies $150

Analyze the
transaction

Analyze the
transaction

Paid cash to owner for

personal use $600

(Withdrawals)

Sold services on account

to Tom Dayton, $300.

Analyze the
transaction

Analyze the
transaction

Paid cash for prepaid

insurance, $600

Received cash on

account from Tom Dayton

$250

Analyze the
transaction

Analyze the
transaction

Received Cash from

owner investment of

$9000.

Paid Cash for Supplies

$370

Analyze the
transaction

Analyze the
transaction

Received Cash from sales

$1800.

Paid cash on account to

Emmer Supplies $150

Analyze the
transaction

Analyze the
transaction

Paid cash to owner for

personal use $600

(Withdrawals)

Sold services on account

to Tom Dayton, $300.

Analyze the
transaction

Analyze the
transaction

Paid cash for prepaid

insurance, $600

Received cash on

account from Tom Dayton

$250

Analyze the
transaction

Analyze the
transaction

Paid cash for

advertising $1900

Analyze the
transaction

Paid cash for

advertising $1900