Accounting I Syllabus - 2007
by Carol Braun
August 29, 2007
SOUTHERN PUBLIC SCHOOLS
115 South 11th
Wymore, NE 68466
402-645-3326
BUSINESS EDUCATION DEPARTMENT
INSTRUCTOR: Karen Zimmerman—kzimmerm@esu5.org
COURSE TITLE: Accounting I—Grade Level 10-11-12
MATERIALS NEEDED TO PURCHASE FOR CLASS:
Binder to keep workbook pages in (one or two inch)
Pencil or Erasable pen
6 inch ruler that can be kept in text or binder
Calculator
THESE MATERIALS WILL BE SUPPLIED ONCE—you lose it, you pay replacement
Textbook
Workbook
Study Guides and Recycling Problems
Practice Set
Automated Accounting
COURSE OBJECTIVES
1. Introduce basic accounting terms and functions.
- Introduce the accounting cycle.
- Introduce financial statements—Income Statement, Distribution of Net Income Statement, Owner’s Equity, and Balance Sheet.
Introduce adjustments.
- Introduce worksheets and preparing adjusting and closing entries.
- Introduce Accounting for a merchandising business.
- Explain Cost of Merchandise Sold section of Income Statement.
- Introduce special journals and subsidiary ledgers.
- Introduce depreciation—straight line-double declining balance, sum-of-the-years digits, weighted average
- Introduce uncollectible accounts
- Introduce FIFO, LIFO
- Introduce bank reconciliation and the use of petty cash accounts.
COURSE CONTENT
Chapter 1—Starting a Proprietorship. Pages 4-22
Chapter 2—Starting a Proprietorship: Changes that Affect Owner’s Equity. Pages 24-38
Chapter 3—Analyzing Transactions into Debit and Credit Parts. Pages 40-63
Chapter 4—Recording Transactions in a General Journal. Pages 64-92
Chapter 5—Posting from a General Journal to a General Ledger. Pages 94-116
Chapter 6—Cash Control Systems. Pages 118--143
Chapter 7—Work Sheet for a Service Business. Pages 148-173
Chapter 8—Financial St4atements for a Proprietorship. Pages 174-190
Chapter 9—Recording Adjusting and Closing Entries for a Service Business. Page 192-215
Chapter 10—Journalizing Purchases and Cash Payments Using Special Journals.
Pages 220-250
Chapter 11—Journalizing Sales and Cash Receipts Using Special Journals. Pages 252-270
Chapter 12—Posting to General and Subsidiary Ledgers. Pages 272-309
Chapter 13—Preparing Payroll Records. Pages 310-336
Chapter 14—Payroll Accounting, Taxes, and Reports. Pages 338-366
Chapter 15—Worksheet for a Merchandising Business. Pages 372-397
Chapter 16—Financial Statements for a Partnership. Pages 398-426
Chapter 17—Recording Adjusting and Closing Entries for a Partnership. Pages 428-455
Chapter 18—Recording Purchases and Cash Payments. Pages 460-487
Chapter 19—Recording Sales and Cash Receipts. Pages 490-520
Chapter 20—Accounting for Uncollectible Accounts Receivable. Pages 526-533
Chapter 21—Accounting for Plant Assets and Depreciation. Pages 546-573
Chapter 22—Accounting for Inventory. Pages 574-592
Chapter 23—Accounting for Notes and Interest. Pages 594-614
Chapter 24--Accounting for Accrued Revenue and Expenses. Pages 616-634
Chapter 25—Distributing Dividends and Preparing a Work Sheet. Pages 636-660
Chapter 26—Financial Statements and End-of-Fiscal Period Entries for a Corporation. Pages 662-688
Fitness Junction Practice Set
Automated Accounting
- Note this syllabus is subject to change by announcement of the instructor.
SPECIFIC COURSE REQUIREMENTS
a. Achieve passing grade—70 percent or higher based on the handbook grading scale.
b. Academic integrity—Students cheating, including plagiarism, will result in the
students receiving a zero on the assignment or test and will
serve detention time according to the instructors decision.
c. Etiquette guidelines—All standard classroom etiquette will be followed. This course
is designed to be a positive interactive experience for all involved. Inappropriate language or comments will result in lowering of grade, detention time, or removal from class.
METHODS OF PRESENTATION
Lecture
Lecture with the use of overhead/PowerPoint’s
Chapter questions and vocabulary
Study Guides
Student to instructor and student-to-student interaction
METHODS OF EVALUATION
1. Daily working problems in workbook—work ethic—not being told to get to work,
You are not to sit on the tables or bother the blinds. Books are not to be left in the classroom.
2. Class participation and responses.
3. Attendance
4. Meeting deadlines
LATE PAPERS 5 POINT DEDUCTION PER DAY.
Pre-make up work for activities missing class or student will receive a zero.
Make-up work will be done between 3:32 and 4.—If you make an appointment with Mrs. Zimmerman, and fail to keep it, you will receive a zero
Students are to work on assigned work for Accounting and not other subjects during class time
5. Daily work--Possible audit test given on daily work and work ethic –30%
6. Chapter tests
7. Theory tests --70%
8. Semester test -- 10%
CLASSROOM MANAGEMENT
Students are to follow the Southern High Technology Policy
Students will follow Mrs. Zimmerman’s 4 P’S:
PUNCTUAL—One tardy—after that you will serve detention time.
PREPARED—All materials with you—no going to locker to get materials.
POLITE—Respect to others—FOLLOW THE GOLDEN RULE
POSITIVE—I Can attitude
TEXTBOOKS and WORKBOOKS
Textbooks will be handed out and students have one week to get a book cover on the text or you will receive a five-point deduction—No marking in books.
Students will receive a Set of Working Papers to accompany the text. You are responsible for having the materials with you daily to class. Working papers are to be kept for the semester test and returned to Mrs. Zimmerman at various intervals.
ABSENCES
It is the student’s responsibility to get class assignments and to complete them according to classroom and school policy.
Pre-make up work for activities missing class or zero
If you miss more than ten days as allowed by your handbook per semester, you will make up the time missed from class on a date or dates set up by the instructor and fill out a credit appeal form. If there is a discrepancy between what Cathy has recorded, and what the instructor has recorded, the instructors record will be used.
SEMESTER TESTS
All students are required to take a semester test. The semester test will count ten percent of your grade.
ARTICULATION AGREEMENT—This is important--
Students who take Accounting in High School may test out or not have to take various classes at Southeast Community College and various other colleges. Colleges will look at your high school transcript.
99-100 A+
96-98 A
A-
90-92 B+
87-89 B
85-86 B-
83-84 C+
80-82 C
78-79 C-
75-77 D+
72-74 D
D-
69/Down F
