August 2013 Mr. Taylor arrives at WCHS as the new Business Education teacher for the 2013-2014 school year With a $2,000 loan from the school principal,

Slides:



Advertisements
Similar presentations
© PHI Learning, All rights reserved.1 Financial Accounting: A Managerial Perspective Third Edition Prepared by R. Narayanaswamy Indian Institute.
Advertisements

Chapter 3 The Income Statement PowerPoint Authors: Brandy Mackintosh
Understand Merchandise Planning in Retailing. The Merchandise Plan A budgeting tool that helps retailer or buyer to meet department goals ▫Planned sales.
Profit Planning Chapter 9. © The McGraw-Hill Companies, Inc., 2000 Irwin/McGraw-Hill The Master Budget Sales Budget Selling and Administrative Budget.
Click to edit Master title style Liabilities that are to be paid out of current assets and are due within a short time, usually within one year,
Chubaka Producciones Presenta :.
Welcome to. 5 Ways to Earn 1. PRODUCT SALES Members are entitled to avail 35-45% discount on all products. 50ml Perfume (Member Price) = P180 Customer.
10.1 Passbook Savings Account Why do people open savings accounts?  Keep their money safe  Earn interest on their money! Interest: money paid by the.
2012 JANUARY Sun Mon Tue Wed Thu Fri Sat
Prepared by Charlie Cook The University of West Alabama © 2009 South-Western, a part of Cengage Learning Installment Purchases: Assignments Chapter 14.
P Pathophysiology Calendar. SundayMondayTuesdayWednesdayThursdayFridaySaturday January 2012.
Lecture 5: Profit Planning (Budgeting)
Chicas, este calendario si es pa' nosotras !!!!!.
Commission Commission :Money earned based on how much you sell. Usual expressed as a percentage. Write some people who get commission Car sales person.
Tracking Inventory Form E Businesses track inventory in different ways. We will be using a stock (inventory) record for a perpetual inventory system. A.
Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. PowerPoint Authors: Susan Coomer Galbreath, Ph.D., CPA Charles W. Caldwell, D.B.A.,
CH 9 & 10 REVIEW. 9.1-Notes Payable What is a note payable? Short term loan that charges interest How is Notes Payable Classified? Liability Journalize.
Accounting Principles (1)
PLAN PERFORM EVALUATE REPORT 1 Why Budget? If you know where you are going, you’re more likely to get there….
Savings and Investment Unit Project Student Name.
1 CHAPTER 3 Operating Decisions & the Income Statement Acct 2301, Fall 2009 Cox School of Business, SMU Zining Li.
Robert N. West © VEMBA Accounting Revenue and Monetary Assets © The McGraw-Hill Companies, Inc., Part One: Financial Accounting.
Reporting & Analyzing Merchandising Operations
Which source of finance? The following statements could be describing which sources of finance?
Chapter 3 The Income Statement PowerPoint Author:
Accounting 11 UNIT 2 Business Transactions September 2011.
© The McGraw-Hill Companies, Inc., 2008 McGraw-Hill/Irwin STATEMENT OF CASH FLOWS.
WORD JUMBLE. Months of the year Word in jumbled form e r r f b u y a Word in jumbled form e r r f b u y a february Click for the answer Next Question.
Finance Tasha Robinson Director of Finance (803)
DATE POWER 2 INCOME JANUARY 100member X 25.00P2, FEBRUARY 200member X 25.00P5, MARCH 400member X 25.00P10, APRIL 800member.
Chapter 17 Financing a Business Methods of Obtaining Capital Selecting a Method of Obtaining Capital Sources of Outside Capital.
Accounting for Liabilities Chapter 7 Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.
© Prentice-Hall of India Private Limited, All rights reserved.1 Financial Accounting: A Managerial Perspective Second Edition Prepared by R. Narayanaswamy.
2011 Calendar Important Dates/Events/Homework. SunSatFriThursWedTuesMon January
Markup, Discount, Taxes, and Interest
1 Chapter 8. Profit Planning M11-Chp-09-1-Profit-Planning Summer, Edited May 23, Copyright © 2011, Dr. Howard Godfrey This file contains.
Inventory. So far we have learnt that when a business sell stock, we put money into the cash account and take the same value out of the stock account.
At the end of each day the evening manager at each store enters a code into the cash register, after which the cash register connects to the central computer.
Chapter 2 MR. MOHAMMED BABIKER - FALL-15/16 MR. MOHAMMED BABIKER - SPRING 15/16.
 A holding place for money at a bank.  The amount available to spend in an account.
July 2007 SundayMondayTuesdayWednesdayThursdayFridaySaturday
Business in a Changing World McGraw-Hill/Irwin Copyright © 2009 by the McGraw-Hill Companies, Inc. All rights reserved. Chapter 14 Accounting and Financial.
Commission Commission : Money earned based on how much you sell. Usually expressed as a percentage. Computer Salespeople Car sales person Window.
Master Budget and Responsibility Accounting
Valuation of Inventory
Financial Merchandise Management
© The Young Entrepreneurs Academy, Inc. All Rights Reserved
The Housing Market Dr. Pantuosco.
The Housing Market Dr. Pantuosco.
Financial Merchandise Management
McDonald’s Kalender 2009.
McDonald’s Kalender 2009.
Year 2 Autumn Term Week 12 Lesson 1
McDonald’s Kalender 2009.
© The Young Entrepreneurs Academy, Inc. All Rights Reserved
2300 (11PM) September 21 Blue line is meridian..
A short game in shipping investment
McDonald’s calendar 2007.
Year 2 Autumn Term Week 12 Lesson 1
ABO CE No. 2 MR series & coating
Teacher name August phone: Enter text here.
Tropical cyclones movement
February 2007 Note: Source:.
GROSS PROFIT METHOD OF ESTIMATING INVENTORY
McDonald’s calendar 2007.
Habitat Changes and Fish Migration
2015 January February March April May June July August September
Habitat Changes and Fish Migration
We’re Moving Sydney August edition Read online now.
Presentation transcript:

August 2013 Mr. Taylor arrives at WCHS as the new Business Education teacher for the school year With a $2,000 loan from the school principal, FBLA began ordering merchandise and we set up a table to sell at football games September 2013 FBLA invests $1,000 in an Ipad POS system from Shopify and begins to sell online and accept credit cards at selling events. October 2013 Football season comes to an end as does the sales for Warrior Warehouse. Year 1 profit was $3,200.

April 2014 Group of business students prepare an official business plan for Warrior Warehouse that included expansion plans. The plan requested a $10,000 loan. Students presented the plan to the Superintendent of Schools, Dr. Jeff Wilson. May 2014 Mr. Osborne purchased checkout desk and slat board structures from Pharmacy for $500. June 2014 Superintendent was so impressed he gave us $15,000 but placed a stipulation that the construction of the store must be paid for out of this money and construction could not cost more that $5,000.

July 2014 Construction begins on Warrior Warehouse

In a few short hours before the start of the game, we sold over $600 worth of inventory.