Accounting I Syllabus
2006-2007 School Year
August 01, 2006
Mrs. Sue Sydow, Instructor
School Email: ssydow@esu2.org
School Phone: 402-687-2363
Full Year Course
Elective Course with No Prerequisite
Grade Level 10, 11, 12 (Preferred grade level 11)
Course Description
Accounting I is designed to study fundamental accounting
principles. Emphasis is on the maintenance of financial
records concerned with business management and operations. It
involves the study of all basic accounting principles, methods of
recording business transactions, and preparation and interpretation
of financial statements of single owner businesses, partnerships,
and corporations. The class will prepare the student for
initial jobs in bookkeeping and accounting departments as it
provides many of the concepts of business operations essential to
all business workers. Accounting is highly recommended for
all students planning a career in business and/or accounting and
self-employment occupations.
Student Goals
1.
Know accounting as it relates
to careers.
2.
Know accounting
terminology.
3.
Understand accounting
concepts, principles, and practices.
4.
Apply accounting
procedures.
Units of Study
A.
Accounting for a Service Business
Organized as a Proprietorship
B.
Accounting for a Merchandising
Business Organized as a Partnership
C.
Accounting for a Merchandising
Business Organized as a Corporation
Course Outline
Chapter 1-Starting A Proprietorship
Chapter 2-Changes that Affect Owner's Equity
Chapter 3-Analyzing Transactions into Debit and Credit Parts
Chapter 4-Journalizing Transactions
Chapter 5-Posting to a General Ledger
Chapter 6-Cash Control Systems
Chapter 7-Work Sheets
Chapter 8-Financial Statements for a Proprietorship
Chapter 9-Recording Adjusting and Closing Entries
Chapter 10-Journalizing Purchases and Cash Payments
Chapter 11-Journalizing Sales and Cash Receipts
Chapter 12-Posting to General and Subsidiary Ledgers
Chapter 13-Preparying Payroll Records
Chapter 14-Payroll Accounting, Taxes, and Reports
Chapter 15-Work Sheet for a Merchandising Business
Chapter 16-Financial Statements for a Partnership
Chapter 17-Recording Adjusting and Closing Entries for a
Partnership
Chapter 18-Using Special Journals for Purchases and Cash
Payments
Chapter 19-Using Special Journals for Sales and Cash Receipts
Chapter 20-Accounting for Uncollectible Accounts Receivable
Chapter 21-Accounting for Plant Assets and Depreciation
Chapter 22-Inventory Systems
Chapter 23-Notes and Interest
Chapter 24-Accrued Revenue and Expenses
Textbook—Publisher
Century 21 Accounting, Seventh Edition, First-Year Course,
South-Western Publishing Company, 2000 copyright.
Instructional Strategies
Lecture, demonstration, “hands-on” skill development,
problem-solving, cooperative learning, Internet activities and
computer problems and tutorials. Emphasis is placed on the
use of "demonstration problems" to explain accounting
principles. Problems from the chapters are reviewed; some of
which are worked outside of the classroom and some completed in
class. There will be extensive use of the overhead projector
to aid in explanations. Students have access to adding and
calculating machines to assist them in their work.
Resources
Workbooks, computer problems, Internet activities, simulations, and
videos.
Multi-Cultural Concepts or Activities
-
Text readings and discussions on diversity in the workplace.
-
Text readings and discussions on international business.
Standards for Assessment
All assigned problems will be handed in. Points will be
awarded for problems correct and completely finished.
Chapter tests, unit tests, and quizzes will be
given, both problem and objective types of tests and graded as a
percentage of the total points on the test.
Simulations, Internet Activities, Reinforcement Activities, and
Workbook and Computer Problems will be graded on the point
system. Audit tests of problems and simulations will be
scored as a percentage of total points.
Student Assessment Plan
Subject to change, depending upon units covered:
Tests--40%
Quizzes--20%
Daily Work--25%
Problems and Simulations, etc.--15%
