Office of Curriculum, Instruction, and Technology. Accounting I. Grade 9, 10, 11, or 12. Prerequisites: None. Credit Value: 5 ABSTRACT
|
|
- Basil Reginald French
- 6 years ago
- Views:
Transcription
1 Office of Curriculum, Instruction, and Technology Accounting I Prerequisites: None Credit Value: 5 ABSTRACT The Accounting I course provides an introduction to the accounting processes and procedures of using worksheets to document all involved in various types of businesses. Students focus on starting a proprietorship, and recording, adjusting, and closing entries, general and subsidiary ledgers, payroll records, and financial statements. Adopted by the Somerville Board of Education on May 19, 2009
2 Month/ NJCCCS: Essential Question: Content: Accounting I September October November December January 4.1B1, 4.3B1, 4.3C1-2, 4.4C2-3, 4.5A1-4, 4.5B1-4, 4.4C1-6, 4.5D1-4, 4.5E2-3, 4.5F1-4, 6.5A1, 6.5A4, 6.5B4, 8.1A3-4, 8.1B1-7, 8.1B11, 9.1A1-4, 9.1B1, 9.2A1, 9.2D1, 9.2D4 What accounting principles are required in business proprietorships? Starting a Proprietorship Skills and Topics: explore accounting career opportunities compare and contrast various accounting occupations describe methods of communicating accounting information evaluate how ethical business decisions are made prepare a personal chronological résumé explain and apply the accounting equation to real-world situations 4.1B1, 4.3B1, 4.3C1-2, 4.5D1-4, 4.5E2-3, 4.5F1-4, 8.1A3-4, 9.2A1, 9.2E2-3 How do affect accounts? Analyzing Transactions using accounting terms and practices analyze debit and credit analyze T accounts to differentiate between debit and credit verify the equality of debits and credits for each transaction identify accounting journalizing record selected in a general journal 4.1B1, 4.3B1, 4.3C1-2, 4.5D1-4, 4.5E2-3, 4.5F1-4, 8.1A3-4, 9.2A1, 9.2E2-3 Why is balance important between accounts? Financial Reporting of Cash Control Systems apply accounting practices while posting from a journal to a general ledger prepare a chart of accounts for a service business organized as a proprietorship post amounts from a journal to a general ledger define accounting using checking accounts and petty cash funds prepare business papers related to using a checking account 4.1B1, 4.3B1, 4.3C1-2, 4.5D1-4, 4.5E2-3, 4.5F1-4, 8.1A3-4, 9.2A1, 9.2E2-3 How are financial statements generated? Financial Statements and Worksheets define accounting worksheets for service business proprietorships plan adjustments for supplies and prepaid insurance complete a worksheet for a service business proprietorship identify selected procedures for finding and correcting errors in accounting records apply accounting financial statements prepare an income statement for a proprietorship 4.1B1, 4.3B1, 4.3C1-2, 4.5D1-4, 4.5E2-3, 4.5F1-4, 8.1A3-4, 9.2A1, 9.2E2-3 How are income statements justified? Recording, Adjusting, and Closing Entries apply accounting adjusting and closing entries prepare a post-closing trial balance for a proprietorship complete a trial balance on a worksheet compute and post adjusting and closing entries calculate an income statement, balance sheet, and post-closing trial balance
3 Month/ September October November December January Skills and Topics: define and apply classify accounts reconcile a bank analyze an income accounting terms, within specific statement statement using concepts, and practices businesses as assets, establish and replenish component related to the liabilities, or owner s a petty cash fund percentages organization of equity record selected prepare a balance business prepare a balance related to sheet for a service proprietorships sheet from information using checking proprietorship analyze how the in an accounting accounts and petty related to equation cash funds a business journalize proprietorship affect into a general journal accounts within an post from the general accounting equation journal to a ledger compare and contrast proof cash amounts at accounting changes the conclusion of the and practices that ledger affect owner s equity within a business proprietorship using the accounting equation describe the advantages and disadvantages of sole proprietorships explain how a partnership may be formed and dissolved identify the advantages and disadvantages of a partnership analyze the rights and duties of partners
4 Month/ September October November December January Skills and Topics: distinguish between a general partner and a limited partner explore the characteristics of small businesses evaluate the advantages and disadvantages of owning a business Assessments: Resources: Technology: South Western, South Western, South Western, South Western, Midterm examination South Western,
5 Month/ Writing: Careers: September October November December January of exploratory activities of exploratory activities of exploratory activities of exploratory activities of exploratory activities Applicable career options are discussed as they arise throughout the business education program. Career options include, but are not limited to, administration education and training, audio/video technology and communications, business, distribution, finance, government and public administration, health science, hospitality and tourism, human services, information technology, law, logistics, management, manufacturing, marketing, public safety and security, sales and service, and transportation.
6 Month/ NJCCCS: Essential Question: Content: Accounting I February March April May June 4.1B1, 4.1B5, 4.3A3, 4.3B1, 4.3B3, 4.3C1-2, 4.4A5, 4.5A1-4, 4.5B1-4, 4.5C1-6, 4.5D1-4, 4.5E2-3, 4.5F1-4, 6.5B4, 8.1A3-4, 8.1B5-6, 9.2A1, 9.2E2-3 How are business justified? Sales and Cash Receipts Skills and Topics: define accounting purchases and cash payments for merchandizing businesses analyze purchases and cash payments total and rule a purchase journal prove and rule a cash payments journal apply accounting sales cash receipts for a merchandising business 4.1B1, 4.1B5, 4.3A3, 4.3B1, 4.3B3, 4.3C1-2, 4.4A5, 4.5A1-4, 4.5B1-4, 4.5C1-6, 4.5D1-4, 4.5E2-3, 4.5F1-4, 6.5B4, 8.1A3-4, 8.1B5-6, 9.2A1, 9.2E2-3 How are accounts balanced? General and Subsidiary Ledgers use accounting to post purchases, cash payments, general sales, and cash receipts to journals establish accounts payable and accounts receivable ledgers post to a general ledger and subsidiary ledgers prepare schedules of accounts payable and accounts receivable 4.1B1, 4.1B5, 4.3A3, 4.3B1, 4.3B3, 4.3C1-2, 4.4A5, 4.5A1-4, 4.5B1-4, 4.5C1-6, 4.5D1-4, 4.5E2-3, 4.5F1-4, 6.5A1-2, 6.5A4-5, 6.5A9-10, 6.5B1, 6.5B4, 8.1A3-4, 8.1B5-6, 9.2A1, 9.2E2-3 How is payroll determined? Payroll Records apply accounting practices to payroll records calculate employee earnings and deductions prepare payroll records use accounting concepts and practices related to payroll accounts, taxes, and reports analyze payroll journalize and post prepare selected payroll tax reports 4.1A1, 4.1A3, 4.1A5, 4.1B1, 4.1B4, 4.3A3, 4.3B1, 4.3B3, 4.3C1-2, 4.4A5, 4.5A1-4, 4.5B1-4, 4.5C1-6, 4.5D1-4, 4.5E2-3, 4.5F1-4, 6.5A1-2, 6.5A4-5, 6.5A9-10, 6.5B1, 6.5B4, 8.1A3-4, 8.1B5-6, 9.2A1, 9.2E2-3 How is a partnership business unique? Partnership Financial Statements define accounting a worksheet for a merchandising business plan adjustments on a worksheet use accounting terms related to financial statements for a merchandising business organized as a partnership prepare income statements analyze income statements using component percentages 4.1B1, 4.1B5, 4.3A3, 4.3B1, 4.3B3, 4.3C1-2, 4.4A5, 4.5A1-4, 4.5B1-4, 4.5C1-6, 4.5D1-4, 4.5E2-3, 4.5F1-4, 6.5B4, 8.1A3-4, 8.1B5-6, 9.2A1, 9.2E2-3 How are adjustments journalized? Adjustments and Closing Entries use accounting concepts and practices to adjust closing entries for a partnership record adjusting and closing entries prepare a post-closing trial balance
7 Month/ Assessments: Resources: February March April May June analyze sales and cash receipts journalize sales and cash receipts justify a sales journal and cash receipts journal South Western, South Western, post entries into specific journals prove and rule all journals prepare a schedule of accounts receivable and accounts payable South Western, prepare the following: o distribution to net income statements o owner s equity statements o balance sheet statements evaluate the economic health of a merchandising business organized as a partnership describe the purpose of a business plan analyze the elements of a business plan use a cause and effect analysis to create a business plan South Western, Final examination South Western,
8 Month/ Technology: Writing: Careers: February March April May June of exploratory activities of exploratory activities of exploratory activities of exploratory activities of exploratory activities Applicable career options are discussed as they arise throughout the business education program. Career options include, but are not limited to, administration education and training, audio/video technology and communications, business, distribution, finance, government and public administration, health science, hospitality and tourism, human services, information technology, law, logistics, management, manufacturing, marketing, public safety and security, sales and service, and transportation.
9 Course Requirements Grade: 9, 10, 11, or 12 Prerequisite: None Credit Value: 5 Length of Course: Academic Year Course Description The Accounting I course provides an introduction to the accounting processes and procedures of using worksheets to document all involved in various types of businesses. Students focus on starting a proprietorship, and recording, adjusting, and closing entries, general and subsidiary ledgers, payroll records, and financial statements. Course Content This course will consist of the following units of study: Starting a Proprietorship Analyzing Transactions Financial Reporting of Cash Control Systems Financial Statements and Worksheets Recording, Adjusting, and Closing Entries Sales and Cash Receipts General and Subsidiary Ledgers Payroll Records Partnership Financial Statements Adjustments and Closing Entries Course Objectives The student will: distinguish between income and expenses. apply computation skills to real-world problems. analyze and financial reports. apply knowledge acquired in previous courses. develop problem-solving techniques. generate financial statements and worksheets. communicate finance concepts. manipulate accounts. recognize and solve problems in business. use technology.
10 Evaluation Process A final average of 65% or better is required. Throughout the length of this course, students will be evaluated on the basis of: Unit and quizzes (50% of grade) Performance Assessments (50% of grade) Class Participation Homework Midterm Examination (10% of course grade for the year) Final Examination (10% of course grade for the year)
11 Student Agreement STUDENT NAME: GRADE: Last Name First Name My signature below indicates that I have received my copy of the Somerville Public Schools Course Requirements for Accounting I. I acknowledge my responsibility to read and understand all of the information contained in the Accounting I Requirements information and syllabus packet. Student Signature Date Note: Be sure to share the course requirements for Accounting I with your parents.
Accounting I Instructional Unit Accounting I Unit Content Objective Performance Indicator Performance Task State Standards Code:
Instructional Unit Adjusting & Closing Entries for a Service Business -Accounting concepts and able to complete -Identify accounting concepts -assigned exercises 3.7.10B, practices related to adjusting
More informationUNIT/ORGANIZING PRINCIPLE: Changing that Affect the Accounting Equation ESSENTIAL QUESTIONS:
PACING: 18 weeks Unit Number: 1 1. What are the changes that affect the accounting equation? 2. Analyzing Transactions into Debit and Credit Parts 3. Journalizing Transactions 4. Posting to General Ledger
More informationSyllabus: Accounting
Course Overview: Accounting is the key to opening the door to the business world and that is why it is called the "language of business." Every business in our society is impacted by accounting-based decisions.
More informationBusiness Law and Ethics
Office of Curriculum, Instruction, and Technology Business Law and Ethics Prerequisite: None Credit Value: 5 ABSTRACT The Business Law and Ethics course offers students instruction in basic business practices
More informationACCOUNTING I INFORMATION SHEET Liberty High School Teacher: Mr. LoBosco
ACCOUNTING I INFORMATION SHEET Liberty High School Teacher: Mr. LoBosco Grades: 10-12 Textbook: Century 21 Accounting - First Year Course Course Description: Accounting I is designed to familiarize students
More informationHONORS FINANCIAL ACCOUNTING
FREEHOLD REGIONAL HIGH SCHOOL DISTRICT OFFICE OF CURRICULUM AND INSTRUCTION BUSINESS ADMINISTRATION SPECIALIZED LEARNING CENTER HONORS FINANCIAL ACCOUNTING COURSE PHILOSOPHY The Financial Accounting course
More informationAfter completing this course, the student should be able to:
1 Department : Office Systems Technology Course Title : Introduction to Accounting Section Name : ACNT 1403 Start Date : 01/11/2011 End Date : 05/06/2011 Modality Credit : 4 Instructor Information Name
More informationACC106 Office Accounting I Administration Outline
ACC106 Office Accounting I Administration Outline Course Information Organization Mercer County Community College Credits 3 Contact Hours 3 Description Basic accounting course designed for non-transfer
More informationCourse Syllabus for ACCOUNTING 101 PRINCIPLES OF ACCOUNTING
Course Syllabus for ACCOUNTING 101 PRINCIPLES OF ACCOUNTING Instructor: Andrea Murowski Larrison Hall, Room 214 224-2927 amurowski@brookdale.cc.nj.us COURSE OBJECTIVE: The purpose of this course is to
More informationACC108 Hospitality Accounting- Administrative Outline
ACC108 Hospitality Accounting- Administrative Outline Course Information Organization Mercer County Community College/Business & Technology Division Credits 3 Contact Hours 3 Catalog Description Introductory
More informationCOURSE TITLE. Honors Accounting LENGTH. Full Year Grades DEPARTMENT. Business Education Barbara O Donnell, Supervisor SCHOOL
COURSE TITLE Honors Accounting LENGTH Full Year Grades 11-12 DEPARTMENT Business Education Barbara O Donnell, Supervisor SCHOOL Rutherford High School DATE Fall 2016 Honors Accounting Page 1 I. Introduction/Overview/Philosophy
More informationIntroduction to Bookkeeping
Introduction to Bookkeeping Course map This document outlines the course structure. Course orientation Lesson 1: Welcome Lesson 2: Getting your diploma Lesson 3: How do I study this course? Unit 1: Welcome
More informationItawamba Community College ACC 2213 Principles of Accounting I
Itawamba Community College ACC 2213 Principles of Accounting I The Business Division provides student learning opportunities in Accounting, Business Communications, Legal Environment of Business, Economics,
More informationACCOUNTING. Contest Basics SAC 2016
ACCOUNTING Contest Basics SAC 2016 P a g e 2 UIL Accounting Basics Agenda 1. Constitution & Contest Rules and NEW Handbook 2. 2017 Condensed Contest Schedule & Solution 3. State-adopted textbooks (high
More informationMarketing I Grade 10, 11, or 12 Prerequisite: None Credit Value: 5
Prerequisite: None Credit Value: 5 ABSTRACT The Marketing I course is designed to meet the needs of students who have entered or are preparing to enter an occupation requiring competencies in marketing
More informationWhat is Accounting? Answer:
1 What is Accounting? Accounting is an information system that identifies, records, & summarizes and communicates the economic events of an organization to interested users. Accounting is an information
More informationBusiness Law and Ethics
Office of Curriculum and Instruction Business Law and Ethics Prerequisite: None Credit Value: 5 ABSTRACT The Business Law and Ethics course offers students instruction in basic business practices and introduces
More informationIAB Level 1 Award in Bookkeeping (RQF) Qualification Specification
IAB Level 1 Award in Bookkeeping (RQF) Qualification Specification Contents 1 Introduction to the qualification... 2 2 Statement of level... 2 3 Aims... 2 4 Target groups... 3 5 Entry requirements... 3
More informationACCOUNTING (ACNT 1303) CHAPTER 1 The Nature of Accounting
CHAPTER 1 The Nature of Accounting NAME Skills Review 1-1 Skills Review 1-2 Skills Review 1-3 Skills Review 1-4 Skills Review 1-5 Skills Review 1-6 Skills Review 1-7 1-1A 1-2A 1-3A 1-4A 1-5A (Use the example
More informationCorrelation of. Century 21 Accounting, General Journal, 9/E, by Claudia Gilbertson/Kenton Ross, 2012, ISBN 10: ; ISBN 13:
Correlation of Century 21 Accounting, General Journal, 9/E, by Claudia Gilbertson/Kenton Ross, 2012, ISBN 10: 1111988625; ISBN 13: 9781111988623 to Indiana s Business, Marketing & Information Technology
More informationOutline the purpose, content and format of the books of prime entry
Basic Accounting I Mapping of your evidence to outcomes and criteria Title (and reference number) Level 2 Principles of recording and processing financial transactions (K) Learning outcomes learners will:
More information7-1. Prepared by Coby Harmon University of California, Santa Barbara Westmont College
7-1 Prepared by Coby Harmon University of California, Santa Barbara Westmont College 7 Accounting Information Systems Learning Objectives After studying this chapter, you should be able to: [1] Identify
More informationAssessment Report Template Accounting Program
A. Program/Discipline Mission Statement Assessment Report Template Accounting Program Part I-Assessment SUMMARY (05-06) The Accounting Program s mission is to provide a quality education in accounting
More informationMicrosoft Dynamics SL
Microsoft Dynamics SL 2015 Year-End Close Procedures The information contained herein is the property of MIG & Co. and may not be copied, used or disclosed in whole or In part to any third party except
More informationREPORT ON CANDIDATES WORK IN THE SECONDARY EDUCATION CERTIFICATE EXAMINATION JANUARY 2012 PRINCIPLES OF ACCOUNTS GENERAL PROFICIENCY EXAMINATION
CARIBBEAN EXAMINATIONS COUNCIL REPORT ON CANDIDATES WORK IN THE SECONDARY EDUCATION CERTIFICATE EXAMINATION JANUARY 2012 PRINCIPLES OF ACCOUNTS GENERAL PROFICIENCY EXAMINATION Copyright 2012 Caribbean
More informationChapter 2. Job Order Costing and Analysis QUESTIONS
Chapter 2 Job Order Costing and Analysis QUESTIONS 1. Factory overhead is not identified with specific units (jobs) or batches (job lots). Therefore, to assign costs, estimates of the relation between
More informationYAVAPAI COLLEGE/PRESCOTT UNIFIED SCHOOL DISTRICT District Instructional Guide (DIG) Year-Long Semester Pacing Guide 2015/2016 School Year
YAVAPAI COLLEGE/PRESCOTT UNIFIED SCHOOL DISTRICT District Instructional Guide (DIG) Year-Long Semester Pacing Guide 2015/2016 School Year School: Prescott High dual enrolled with Yavapai College Grade
More informationCHAPTER 5. Accounting for Merchandising Operations 2, 3, , 12, 13, 14
CHAPTER 5 Accounting for Merchandising Operations ASSIGNMENT CLASSIFICATION TABLE Study Objectives Questions Brief Exercises Do It! Exercises A Problems B Problems *1. Identify the differences between
More information2014/2015 School Year. Unit / Theme Content (Nouns) Skills (Verbs) YC Learning Outcomes & Course Content/ADE Standards
School : Prescott High dual enrolled with Yavapai College YAVAPAI COLLEGE/PRESCOTT UNIFIED SCHOOL DISTRICT District Instructional Guide (DIG) Year Long Semester Pacing Guide Subject: YC: ACC131 (Principles
More informationPastel Accounting level 1 course content (2-day)
http://www.multimediacentre.co.za Cape Town: 021 790 3684 Johannesburg: 011 083 8384 Pastel Accounting level 1 course content (2-day) Course Description: Bookkeeping Fundamentals course is a comprehensive
More informationEnd-of-Year & Beginningof-Year
5 End-of-Year & Beginningof-Year Transactions In Chapter 5 of Accounting Fundamentals with QuickBooks Online Essentials Edition, you will complete end-of-year adjusting entries and print financial statements.
More informationCHAPTER 2 LEARNING OBJECTIVES 1. DESCRIBE HOW ACCOUNTS, DEBITS, AND CREDITS ARE USED TO RECORD BUSINESS TRANSACTIONS.
CHAPTER 2 LEARNING OBJECTIVES 1. DESCRIBE HOW ACCOUNTS, DEBITS, AND CREDITS ARE USED TO RECORD BUSINESS TRANSACTIONS. 2. INDICATE HOW A JOURNAL IS USED IN THE RECORDING PROCESS. 3. EXPLAIN HOW A LEDGER
More informationTHE ACCOUNTANTS ASSOCIATION IN POLAND (AAP) REGIONAL BRANCH IN CRACOW THE THREE-LEVEL CORPORATE ACCOUNTING COURSE IN ENGLISH FOR BPO/SSC EMPLOYEES
THE ACCOUNTANTS ASSOCIATION IN POLAND (AAP) REGIONAL BRANCH IN CRACOW OUTSOURCING CORPORATE ACCOUNTING THE THREE-LEVEL CORPORATE ACCOUNTING COURSE IN ENGLISH FOR BPO/SSC EMPLOYEES THE 21 ST CENTURY ACCOUNTANT
More informationActivant Prophet 21. Perfecting Your Month and Year End Closing Routines
Activant Prophet 21 Perfecting Your Month and Year End Closing Routines This class is designed for System Administrators Operation Managers Accounting Managers Objectives Suggested month end and year end
More informationBOOK KEEPING. (i) knowledge of basic skills required to start a business; (ii) ability to appreciate the rules and functions of book keeping;
BOOK KEEPING 1. PREAMBLE The Book Keeping syllabus is designed to assess the candidates basic knowledge of business activities and understanding of financial system for the purpose of establishing a business
More informationPRINCIPLES OF ACCOUNTS SYLLABUS
CARIBBEAN EXAMINATIONS COUNCIL Caribbean Secondary Education Certificate CSEC PRINCIPLES OF ACCOUNTS SYLLABUS Effective for examinations from May/June 2008 CXC 10/G/SYLL 06 Published by the Caribbean Examinations
More informationInternal Control Evaluation
INTERNAL CONTROL EVALUATION Adapted from a checklist created by Jackie F. Breland, CPA (www.jackiebreland.com) Organization: Date Prepared or Updated: Prepared by: Introduction The purpose of this checklist
More informationAccounting and Finance for Managers and Entrepreneurs
Accounting and Finance for Managers and Entrepreneurs Course Description This course covers what everything business people and managers need to know about accounting and finance. It is directed toward
More informationThe Episcopal Diocese of Kentucky
The Episcopal Diocese of Kentucky Internal Control Questionnaire Manual of Business Methods in Church Affairs (Spring 2012) Chapter II: Internal Controls, Section C The following Internal Control Questionnaire
More informationAccounting Professional Certificate Program with Externship
Clemson University - Center for Corporate Learning 1 North Main Street, 7th Floor, Greenville, SC 29601 http://www.clemson.edu/online/ Contact: Juanita Durham 864.656.3984 jdrhm@clemson.edu Education &
More informationACC 269 Auditing and Assurance Services
ACC 269 Auditing and Assurance Services COURSE DESCRIPTION: Prerequisites: ACC 220 Corequisites: None This course introduces selected topics pertaining to the objectives, theory, and practices in engagements
More informationCOMMERCIAL STUDIES (63)
COMMERCIAL STUDIES (63) Aims: 1. To enable students to develop a perceptive, sensitive and critical response to the role of business in a global, national and local context. 2. To allow students to balance
More informationClassic General Ledger Balancing Flow Charts
Classic Balancing Flow Charts Release date: 2/16/2011 Version: Classic (2.x) Summary: A flow chart for balancing accounts to the. Contents Balancing the Utility Billing Cash Clearing Account... 2 Balancing
More informationCHAPTER 2 OVERVIEW OF BUSINESS PROCESSES
CHAPTER 2 OVERVIEW OF BUSINESS PROCESSES SUGGESTED ANSWERS TO DISCUSSION QUESTIONS 2.1 Three different types of information exist in Table 2.1: 1. Internally-generated financial data 2. Internally-generated
More informationProfitMaker to ASI Smartbooks Report Cross References
ProfitMaker to ASI SmartBooks Report Cross Reference Table of Contents ProfitMaker to ASI Smartbooks Where Do I Find?: Open Orders Report 3 Book/Billed Order Comparison 3 Order Costing Report 3 Monthly
More informationAccounting Services. Study Guide
Accounting Services Study Guide Assessments: 0001 Accounts Payable Clerk 0002 Accounts Receivable Clerk 0003 Full-Charge Bookkeeper 0004 Payroll Clerk Endorsed by the American Institute of Professional
More informationRecording Financial Transactions (FA1) September 2017 to August 2018
Recording Financial Transactions (FA1) September 2017 to August 2018 This syllabus and study guide are designed to help with teaching and learning and is intended to provide detailed information on what
More informationAchieve. FPER Performance objectives
Achieve FPER Performance objectives Performance objectives are benchmarks of effective performance that describe the types of work activities trainees will be involved in as certified accounting technicians
More informationSAN FRANCISCO COURT APPOINTED SPECIAL ADVOCATE PROGRAM
SAN FRANCISCO COURT APPOINTED SPECIAL ADVOCATE PROGRAM FINANCIAL PROCEDURES MANUAL Table of Contents GENERAL ACCOUNTING POLICY AND PROCEDURES... 3 OVERALL ACCOUNTING SYSTEM DESIGN... 3 CONTROL OBJECTIVE...
More informationCHAPTER 4 ACCOUNTING FOR MERCHANDISING OPERATIONS
CHAPTER 4 ACCOUNTING FOR MERCHANDISING OPERATIONS Key Terms and Concepts to Know Income Statements: Single-step income statement Multiple-step income statement Gross Margin = Gross Profit = Net Sales Cost
More informationQUICKBOOKS PRO 2008 WORKSHOP 6 THE CORNER DRESS SHOP
QUICKBOOKS PRO WORKSHOP 6 THE CORNER DRESS SHOP Mini Practice Set Reviewing the Accounting Cycle for a Merchandise Company This workshop will help you review the key concepts of a merchandise company by
More informationAmicus Small Firm Accounting: Migrating from Another Accounting System
Amicus Small Firm Accounting: Migrating from Another Accounting System Applies to: Amicus Small Firm Accounting 2011/2010/2009/2008 Contents A. Selecting the conversion date... 1 B. Setting up your Firm
More informationChapter 3. Accounting for Labor
Chapter 3 Accounting for Labor Learning Objectives LO1 Distinguish between features of hourly rate and piece-rate plans. LO2 Specify procedures for controlling labor costs. LO3 Account for labor costs
More informationAccounting Professional Certificate Program with Externship
C.15.23 (Created 07-17-2017) AUBURN OHICE OF P ROFESSIONAL AND CONTINUING EDUCATION Office of Professional & Continuing Education 301 OD Smith Hall Auburn, AL 36849 http://www.auburn.edu/mycaa Contact:
More informationProfessional Bookkeeping with QuickBooks Certificate Program with Externship
C.15.12 (Created 07-17-2017) OHICE OF P ROFESSIONAL AND CONTINUING EDUCATION Student Full Name: Office of Professional & Continuing Education 301 OD Smith Hall Auburn, AL 36849 http://www.auburn.edu/mycaa
More informationTExES Business and Finance 6 12 (276) Test at a Glance
TExES Business and Finance 6 12 (276) Test at a Glance See the test preparation manual for complete information about the test along with sample questions, study tips and preparation resources. Test Name
More informationInternal Control Questionnaire
Internal Control Questionnaire CASH RECEIPTS/SALE QUESTIONS: 1. Is there a designated cash receipt custodian? 2. Are all receipts recorded on pre-numbered cash receipts tickets, including those received
More informationDESCRIPTION STANDARDS, OBJECTIVES, AND INDICATORS AGRICULTURAL BUSINESS & MANAGEMENT (150)
DESCRIPTION Students must demonstrate knowledge and skills needed to manage an agricultural business, including economic business principles and structures, business enterprise analysis, accounting, taxes,
More informationAccounting for Merchandising Operations
5-1 Chapter 5 Accounting for Merchandising Operations Learning Objectives After studying this chapter, you should be able to: 1. Identify the differences between service and merchandising companies. 2.
More informationIAB LEVEL 2 AWARD IN COMPUTERISED BOOKKEEPING (QCF)
IAB LEVEL 2 AWARD IN COMPUTERISED BOOKKEEPING (QCF) CONTENTS Qualification Accreditation Number 500/9261/3 (Accreditation review date 31 st December 2016) QUALIFICATION SPECIFICATION 1. Introduction 2.
More informationCertified Accounting Technician Registered Cost Accountant Certified Bookkeeper
Certified Accounting Technician Registered Cost Accountant Certified Bookkeeper The Program The CAT Program is a globally recognized program of the National Institute of Accounting Technicians (NIAT) that
More informationACC207 Computerized Accounting Administrative. Course Information Organization Mercer County Community College Course Number ACC 207 Credits 3
ACC207 Computerized Accounting Administrative Course Information Organization Mercer County Community College Course Number ACC 207 Credits 3 Catalog Description An introduction to general ledger accounting
More informationAccreditation Period. Victorian Certificate of Education ACCOUNTING STUDY DESIGN. VICTORIAN CURRICULUM AND ASSESSMENT AUTHORITY
Accreditation Period 2019 2023 Victorian Certificate of Education ACCOUNTING STUDY DESIGN www.vcaa.vic.edu.au VICTORIAN CURRICULUM AND ASSESSMENT AUTHORITY Authorised and published by the Victorian Curriculum
More informationPURPOSE & SCOPE OF THE POSITION:
KGHM International Ltd. - Vaughan, ON KGHM Polska Miedź S.A. ( KGHM ) is a global company that employs 29,000 people around the world and has been a leader in copper and silver production for more than
More informationFinancial Accounting for Non-Accountants - BUAD 109 Business Administration. Program: Business Administration
Course Outline Financial Accounting for Non-Accountants - BUAD 109 Business Administration Administrative Information Campus: Cranbrook Phone: 1-877-489-2687 Revised: May 2002 Author: Program: Business
More informationAlgorithmic Granite Bay Jet Ski, Incorporated
Algorithmic Granite Bay Jet Ski, Incorporated Level II 1 st Edition Transactions For June 10-16 and the Mid-Project Evaluation Did you backup your data files at the end of Module One? It is recommended
More informationAccounting for Merchandising Operations
5-1 Chapter 5 Accounting for Merchandising Operations Learning Objectives After studying this chapter, you should be able to: 1. Identify the differences between service and merchandising companies. 2.
More informationG.C.E. Advanced Level. Grades 12 and 13. ACCOUNTING Syllabus. (Will be implemented from 2017)
G.C.E. Advanced Level Grades 12 and 13 ACCOUNTING Syllabus (Will be implemented from 2017) Department of Business Studies Faculty of Science and Technology National Institute of Education Maharagama www.nie.lk
More informationAdministrative Assistant with Bookkeeping and QuickBooks Certificate Program with Externship
C.15.11 (Created 07-17-2017) OHICE OF P ROFESSIONAL AND CONTINUING EDUCATION Office of Professional & Continuing Education 301 OD Smith Hall Auburn, AL 36849 http://www.auburn.edu/mycaa Contact: Shavon
More informationACCOUNTING FOR MERCHANDISING ACTIVITIES
Chapter 6 ACCOUNTING FOR MERCHANDISING ACTIVITIES Presented by: Endra M. Sagoro Economic Faculty YSU endra_ms@uny.ac.id Operating Cycle of a Merchandising Company Cash Accounts Receivable 2. Sale of merchandise
More informationHFTP Hospitality Financial and Technology Professionals
About our Sample Accounting Jobs Descriptions for Clubs: The HFTP Americas Research Center, with guidance from members of the HFTP Club Advisory Council, has developed example job descriptions for accounting
More informationICB Level 2 - Certificate in Bookkeeping (Basic, Manual & Computerised) B1, B2 & B3
ICB Level 2 - Certificate in Bookkeeping (Basic, Manual & Computerised) B1, B2 & B3 Ex Tax: 615.00 Technical data Course Start: Course Hours: 60 Recognised Issuing Body: Course Code: Course Prerequisite:
More informationMAS90 & MAS200 Order of Closing
Business & Accounting Solutions, LLC 3900 Orchard Lake Rd, Suite 60 Farmington Hills, MI 8336 8-893-1060 phone, 8-893-1063 fax www.orionbas.com MAS90 & MAS00 Order of Closing Year-end and Period End processing
More informationACC111 Principles of Financial Accounting Administrative Outline
ACC111 Principles of Financial Accounting Administrative Outline Course Information Organization Credits 4 Contact Hours 4 Mercer County Community College Description Study of the accounting cycle and
More informationCurriculum. Financials I in Microsoft Dynamics AX 2012 (Course 80219A) MS Dynamics AX 2012 Financials Instructor-led Online Training
Curriculum Financials I in Microsoft Dynamics AX 2012 (Course 80219A) General Ledger Setup Currency and Exchange Rate Setup Periods and Fiscal Year Setup Date Intervals Reason Codes Financial Dimensions
More informationCONTENTS. Day 1. Accounting Principles, Concepts and Conventions Revenue Realisation Matching Concept
Lession 1: Basic of Accounting 1.1 1.2 Day 1 Accounting Principles, Concepts and Conventions 1.2.1 Revenue Realisation 1.2.2 Matching Concept 1.2.3 Accrual 1.2.4 Going Concern 1.2.5 Accounting Period 1.2.6
More informationAdministrative Assistant with Bookkeeping and QuickBooks
Office of Continuing Education 5201 University Boulevard Laredo, TX 78041 http://www.tamiu.edu/ce Contact: Jacqueline H. Arguidegui 956.326.3068 ce@tamiu.edu Education & Training Plan Administrative Assistant
More informationCash Reconciliations and Cash Handling
Cash Reconciliations and Cash Handling WASBO Accounting Conference March, 2016 Handling Cash Cash may be the most vulnerable asset in your LEA. How do you safeguard your cash? Timely reconciliation of
More informationAdjusted Trial Balance Debit Credit Debit Credit Debit Credit Merchandise Inv. 16 Store Supplies 10 Store Equipment 20 Accum. Depr. Store Equip.
GRADED PROJECT Directions: Be sure to make an electronic copy of your answer before submitting it to Ashworth College for grading. Unless otherwise stated, answer in complete sentences, and be sure to
More informationPeopleSoft Treasury. Duration: 4 Days
Oracle University Contact Us: 1.800.529.0165 PeopleSoft Treasury Duration: 4 Days What you will learn In this PeopleSoft Treasury training, you ll learn about the fundamental components of a PeopleSoft
More informationEXAMINERS REPORT ON THE PERFORMANCE OF CANDIDATES CSEE, 2014
THE NATIONAL EXAMINATIONS COUNCIL OF TANZANIA EXAMINERS REPORT ON THE PERFORMANCE OF CANDIDATES CSEE, 2014 062 BOOK KEEPING (For School Candidates) THE NATIONAL EXAMINATIONS COUNCIL OF TANZANIA EXAMINERS
More informationFinancial Accounting. John J. Wild. Sixth Edition. Copyright 2013 by The McGraw-Hill Companies, Inc. All rights reserved.
Financial Accounting John J. Wild Sixth Edition McGraw-Hill/Irwin Copyright 2013 by The McGraw-Hill Companies, Inc. All rights reserved. Chapter 04 Reporting and Analyzing Merchandising Operations Conceptual
More informationCHAPTER 10 ACQUISITION AND PAYMENTS
CHAPTER 10 ACQUISITION AND PAYMENTS In Chapter 9, your students set up a merchandising business and entered vendors and inventory items. In Chapter 10, they acquire inventory (make purchases) and make
More informationLink download full: Solution Manual for Accounting Information Systems 13th Edition by Romney
Link download full: Solution Manual for Accounting Information Systems 13th Edition by Romney http://testbankcollection.com/download/solution-manual-for-accountinginformation-systems-13th-edition-by-romney
More informationUnit 1: About this Workbook Unit 2: Occupational Health and Safety Procedures
Table of Contents Unit 1: About this Workbook... 1-4 Unit 2: Occupational Health and Safety Procedures... 5-6 Unit 3: Double-Entity Bookkeeping Principles [Optional]... 7-14 Unit 4: Notes on the Goods
More informationINTERNAL CONTROL HANDBOOK
INTERNAL CONTROL HANDBOOK INTERNAL CONTROL HANDBOOK ILLINOIS STATE BOARD OF EDUCATION SCHOOL BUSINESS SERVICES DIVISION Revised July, 2017 Most Content remains the same as published in 1993 Prepared by
More informationCHAPTER 2 OVERVIEW OF TRANSACTION PROCESSING AND ENTERPRISE RESOURCE PLANNING SYSTEMS SUGGESTED ANSWERS TO DISCUSSION QUESTIONS
CHAPTER 2 OVERVIEW OF TRANSACTION PROCESSING AND ENTERPRISE RESOURCE PLANNING SYSTEMS SUGGESTED ANSWERS TO DISCUSSION QUESTIONS 2.1 Table 2-1 lists some of the documents used in the revenue, expenditure,
More informationIV Sem BASIC INFORMATICS FOR MANAEMENT
BBA IV Sem BASIC INFORMATICS FOR MANAEMENT 1. Drawings account is to be created by linking with A. Capital B. Current asset C. Current liability D. Drawings 2. The options Use Common Narration and Narration
More informationEXERCISE E2-2 EXERCISE E2-1 pages 72-73
EXERCISE E2-2 EXERCISE E2-1 pages 72-73 # (b) Account Debit Credit (a) Type (c) Effect (d) Normal 1/2 Cash 10,000 Asset Increase Debit A. Mane, Capital 10,000 Capital Increase Credit 3 Equipment 4,000
More informationPEACHTREE COMPLETE 2009 WORKSHOP 6 THE CORNER DRESS SHOP
PEACHTREE COMPLETE 2009 WORKSHOP 6 THE CORNER DRESS SHOP Mini Practice Set Reviewing the Accounting Cycle for a Merchandise Company This workshop will help you review the key concepts of a merchandise
More information1. Cost accounting involves the measuring, recording, and reporting of: A. product costs. B. future costs. C. manufacturing processes.
1. Cost accounting involves the measuring, recording, and reporting of: A. product costs. B. future costs. C. manufacturing processes. D. managerial accounting decisions. 2. In accumulating raw materials
More informationSTUDY GUIDE. Illinois Certification Testing System. Business, Marketing, and Computer Education (171) Illinois State Board of Education
Illinois Certification Testing System STUDY GUIDE Business, Marketing, and Computer Education (171) Illinois State Board of Education IL-SG-FLD171-04 An Equal Opportunity/Affirmative Action Employer Printed
More informationPRINCIPLES OF ACCOUNTS GENERAL OBJECTIVES
PRINCIPLES OF ACCOUNTS GENERAL The aim of the Unified Tertiary Matriculation Examination (UTME) syllabus in Principles of Accounts is to prepare the candidates for the Board s examination. It is designed
More informationB.COM 2 PRIVATE COST ACCOUNTING. B.com-2 PRIVATE Annual Examination COMPILED & SOLVED BY: Jahangeer Khan
B.COM 2 PRIVATE COST ACCOUNTING B.com-2 PRIVATE Annual Examination 20 COMPILED & SOLVED BY: Jahangeer Khan 20 Q.1: MANUFACTURING CONCERN: Consider the following information taken from the books of SAHAB
More informationBusiness Administration
The Department offers a variety of courses in business which allows a student to comply with the lower-division requirements for transfer to university level programs. Courses are also offered which allow
More informationVIRTUAL ENTERPRISE / ECONOMICS
= Laboratory/Shop/Community Classroom CBEDS TITLE: GENERAL OFFICE OUPATIONS CBEDS NO: 4613 HOURS: Total 360 Classroom 300 Laboratory/Pre-clinical 60 /CVE 0 DATE: January 7, 2009 JOB TITLE: O-NET CODES:
More informationPELLISSIPPI STATE TECHNICAL COMMUNITY COLLEGE MASTER SYLLABUS INTERMEDIATE ACCOUNTING II ACC 2220
PELLISSIPPI STATE TECHNICAL COMMUNITY COLLEGE MASTER SYLLABUS INTERMEDIATE ACCOUNTING II ACC 2220 Class Hours: 3.0 Credit Hours: 3.0 Laboratory Hours: 0.0 Revised: Spring 05 NOTE: This course is not designed
More informationGENERAL JOURNAL TRANSACTIONS AND REPORTS
Chapter GENERAL JOURNAL TRANSACTIONS AND REPORTS LEARNING OBJECTIVES This chapter introduces you to QBP general journal entries and works with the Practice TEK Business data file customized with your initials
More informationFoundations in Accountancy
Foundations in Accountancy Foundations in Accountancy ACCA s suite of entry-level awards Foundations in Accountancy has been developed with employers in mind. This suite of qualifications will provide
More information