Accounting I Instructional Unit Accounting I Unit Content Objective Performance Indicator Performance Task State Standards Code:

Size: px
Start display at page:

Download "Accounting I Instructional Unit Accounting I Unit Content Objective Performance Indicator Performance Task State Standards Code:"

Transcription

1 Instructional Unit Adjusting & Closing Entries for a Service Business -Accounting concepts and able to complete -Identify accounting concepts -assigned exercises B, practices related to adjusting and adjusting and closing and practices related to -reinforcement activity A closing entries entries and prepare adjusting and closing entries. -simulation -Adjusting and closing entries post-closing trial -Record adjusting and closing -test -Post-closing trial balance balances. entries. -Prepare a post-closing trial balance.

2 Instructional Unit Adjusting and Closing Entries for a Partnership -Accounting concepts and able to complete -Identify accounting concepts -assigned exercises B, practices related to adjusting and adjusting and closing and practices related to -reinforcement activity A closing entries entries for adjusting and closing entries. -test -Adjusting entries merchandising -Record adjusting entries. -Closing entries for net income or businesses. -Record closing entries for net loss and partners drawing income or loss and partners accounts -Post-closing trial balance drawing accounts. -Prepare a post-closing trial balance.

3 Instructional Unit Analyzing Transactions into Debit and Credit Parts -Accounting practices related to able to analyze -Identify accounting practices -assigned exercises B, analyzing transactions into debit transactions into debit related to analyzing -test A and credit parts and credit parts. transactions into debit and -T accounts to analyze credit parts. transactions showing which -Use T accounts to analyze accounts are debited or credited transactions showing which for each transaction accounts are debited or -How transactions to set up a credited for each transaction. business affect accounts -How transactions affect owner s equity accounts -Analyze how transactions to set up a business affect accounts. -Analyze how transactions affect owner s equity accounts.

4 Instructional Unit Cash Control Systems -Accounting concepts and able to prepare bank -Identify accounting concepts -assigned exercises B, practices related to using a statement and practices related to using a -reinforcement activity D, checking account reconciliation's, check checking account. -test A -Business papers related to using stubs and checks, and -Prepare business papers a checking account bank and petty cash related to using a checking -Bank statement reconciliation transactions. account. -Dishonored checks and electronic -Reconcile a bank statement. banking transactions -Petty cash fund -Journalize dishonored checks and electronic banking transactions. -Establish and replenish a petty cash fund. -Use accounting software.

5 Instructional Unit Changes that Affect Owner's Equity -Accounting concepts and able to analyze the -Identify accounting concepts -assigned exercises B, practices related to changes that effect of transactions. and practices related to -test A affect owner's equity changes that affect owner's -Changes in an accounting equation that affect owner's equity equity. -Analyze changes in an accounting equation that affect owner's equity.

6 Instructional Unit Financial Statements for a Partnership -Accounting concepts and able to complete -Identify accounting concepts -assigned exercises B, practices related to financial financial statements for and practices related to -test D, statements for a merchandising merchandising financial statements for a A business organized as a businesses. merchandising business partnership organized as a partnership. -Preparing an income statement -Prepare an income statement. -Income statement using component percentages -Analyze an income statement -Distribution of net income using component percentages. statement and an owners equity statement -Balance sheet -Prepare a distribution of net income statement and an owners equity statement. -Prepare a balance sheet.

7 Instructional Unit Financial Statements for a Proprietorship -Accounting concepts and able to prepare income -Identify accounting concepts -assigned exercises B, practices related to preparation of statements and and practices related to -test D, an income statement balance sheets for preparation of an income A -Income statement with componentservice businesses. statement. percentages -Prepare an income statement -Accounting concepts and and analyze an income practices related to preparation of a balance sheet statement using component percentages. -Identify accounting concepts and practices related to preparation of a balance sheet. -Use Excel software.

8 Instructional Unit Payroll Accounting, Taxes, and Reports -Accounting concepts and able to complete payroll -Identify accounting concepts -assigned exercises B, practices related to recording a transactions. and practices related to -reinforcement activity A payroll recording a payroll. -test -Payroll transactions and payroll -Analyze payroll transactions -Accounting concepts and and record a payroll. practices related to payroll taxes -Identify accounting concepts -Record employer payroll taxes and practices related to payroll -Identify accounting concepts and taxes. practices related to payroll reports -Record employer payroll taxes. -Selected payroll tax reports -Withholding and payroll taxes -Identify accounting concepts and practices related to payroll reports. -Prepare selected payroll tax reports. -Pay and record withholding and payroll taxes.

9 Instructional Unit Posting from a General Journal to a General Ledger -Accounting terms The students will to -Define accounting terms. -class work 3.7.7A, 3.7.7C, -Accounting concepts and able to prepare a chart -Identify accounting concepts -assigned exercises B, practices related to posting from a of accounts and and practices related to posting -test A general journal to a general ledger transfer journal from a general journal to a information to a general general ledger. -Chart of accounts ledger. -Prepare a chart of accounts. -Amounts from a general journal to -Post amounts from a general a general ledger -Cash proof and correcting entries journal to a general ledger. -Prove cash and journalize correcting entries.

10 Instructional Unit Posting to General and Subsidiary Ledgers -Accounting practices related to able to transfer special -Identify accounting practices -assigned exercises B, posting to ledgers journal entries to related to posting to ledgers. -test A -Purchases journal to an accounts ledgers and prepare -Post from a purchases journal payable ledger subsidiary schedules. to an accounts payable ledger. -Cash payments journal and a general journal to an accounts -Post from a cash payments payable ledger journal and a general journal to -Sales journal to an accounts an accounts payable ledger. receivable ledger -Post from a sales journal to an -Cash receipts journal to an accounts receivable ledger. accounts receivable ledger -Post from a cash receipts -Cash payments journal and a journal to an accounts general journal to a general ledger receivable ledger -Post from a cash payments -Journal totals to a general ledger journal and a general journal to a general ledger -Post journal totals to a general ledger.

11 Instructional Unit Preparing Payroll Records -Accounting practices related to able to prepare -Identify accounting practices -assigned exercises B, preparing payroll records semimonthly payrolls. related to preparing payroll -test A -Payroll time card records. -Payroll taxes -Complete a payroll time card. -Payroll register and an employee -Calculate payroll taxes. earnings record -Complete a payroll register and -Payroll checks an employee earnings record. -Prepare payroll checks.

12 Instructional Unit Purchases and Cash Payments using Special Journals -Accounting concepts and able to complete -Identify accounting concepts -assigned exercises B, practices related to purchases for purchases, cash and practices related to -test A a merchandising business payments, and other purchases for a merchandising -Purchases of merchandise using transactions. business. a purchases journal -Journalize purchases of -Accounting concepts and merchandise using a practices related to cash purchases journal. payments for a merchandising -Identify accounting concepts business and practices related to cash -Cash payments using a cash payments for a merchandising payments journal business. -Accounting concepts and -Journalize cash payments practices related to transactions using a cash payments journal. using a general journal -Transactions using a general journal -Identify accounting concepts and practices related to transactions using a general journal. -Journalize other transactions using a general journal.

13 Instructional Unit Recording Transactions in a General Journal -Accounting concepts and able to utilize journals -Identify accounting concepts -assigned exercises B, practices related to journalizing by recording and practices related to -test A transactions transactions into a journalizing transactions. -General journal transactions to setgeneral journal. -Record transactions to set up up a business a business in a general journal. -Accounting concepts and practices related to journalizing -Identify accounting concepts transactions and practices related to -General journal transaction to set journalizing transactions. up a business -Record transactions to buy -General journal transactions to insurance for cash and buy insurance for cash and supplies on account in a supplies on account general journal. -General journal transactions that -Record transactions that affect owner s equity and affect owner s equity and receiving cash on account -New general journal page receiving cash on account in a general journal. -Start a new general journal page. -Use accounting software.

14 Instructional Unit Sales and Cash Receipts using Special Journals -Accounting concepts and able to complete sales -Identify accounting concepts -assigned exercises B, practices related to sales for a and cash receipt and practices related to sales -test A merchandising business transactions. for a merchandising business. -Sales on account using a sales journal -Journalize sales on account -Accounting concepts and using a sales journal. practices related to cash receipts for a merchandising business -Identify accounting concepts and practices related to cash receipts for a merchandising business.

15 Instructional Unit Starting a Proprietorship -Accounting concepts and able to model a -Identify accounting concepts -assigned exercises B, practices related to starting a proprietorship by and practices related to starting-test A service business organized as a defining accounting a service business organized sole proprietorship terms, determining howas a sole proprietorship. -Transactions affecting accounts transactions change -Analyze how transactions in an accounting equation an accounting affect accounts in an -Balance sheet from information in equation, and accounting equation. an accounting equation preparing balance -Prepare a balance sheet from sheets. information in an accounting equation.

16 Instructional Unit Work Sheet for a Merchandising Business -Accounting concepts and able to complete work -Identify accounting concepts -assigned exercises B, practices related to a work sheet sheets for and practices related to a work -test D, for a merchandising business merchandising sheet for a merchandising A -Adjustments and a work sheet businesses. business. -Begin, plan adjustments, and complete a work sheet.

17 Instructional Unit Work Sheet for a Service Business -Accounting concepts and able to prepare work -Identify accounting concepts -assigned exercises B, practices related to a work sheet sheets for service and practices related to a work -test D, -Adjustments for supplies and businesses. sheet A prepaid insurance -Plan adjustments for supplies -Work sheet and prepaid insurance. -Selected procedures for finding -Complete a work sheet. and correcting errors in accounting records -Identify selected procedures for finding and correcting errors in accounting records. -Use Excel software.

Subject: Accounting Calendar: Timeframe: 9 Weeks

Subject: Accounting Calendar: Timeframe: 9 Weeks Subject: Accounting Calendar: Timeframe: 9 Weeks Level/Grade: Secondary 10-12 : Starting a Proprietorship Define accounting terms related to starting a service business organized as a proprietorship (obj1)

More information

ACCOUNTING BUSINESS EDUCATION DEPARTMENT TITUSVILLE HIGH SCHOOL (1 Year 1 Credit) MONTH PA STANDARDS CONTENT SKILLS ASSESSMENT

ACCOUNTING BUSINESS EDUCATION DEPARTMENT TITUSVILLE HIGH SCHOOL (1 Year 1 Credit) MONTH PA STANDARDS CONTENT SKILLS ASSESSMENT September ACCOUNTING BUSINESS EDUCATION DEPARTMENT TITUSVILLE HIGH SCHOOL (1 Year 1 Credit) Texts: Southwestern-Cengage Learning Century 21 Accounting, Multicolumn Journal, copyright 2014. Cengage Learning

More information

East Penn School District Secondary Curriculum

East Penn School District Secondary Curriculum East Penn School District Secondary Curriculum A Planned Course Statement for I Course # 606 Grade(s) 9-12 Department: Computer and Business Applications Length of Period (mins.) 41 Total Clock Hours:

More information

Office of Curriculum, Instruction, and Technology. Accounting I. Grade 9, 10, 11, or 12. Prerequisites: None. Credit Value: 5 ABSTRACT

Office of Curriculum, Instruction, and Technology. Accounting I. Grade 9, 10, 11, or 12. Prerequisites: None. Credit Value: 5 ABSTRACT 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

More information

DEPARTMENT: LYNDHURST HIGH SCHOOL BUSINESS & TECHNOLOGY Page 1 of 8 COURSE: ACCOUNTING I

DEPARTMENT: LYNDHURST HIGH SCHOOL BUSINESS & TECHNOLOGY Page 1 of 8 COURSE: ACCOUNTING I DEPARTMENT: LYNDHURST HIGH SCHOOL BUSINESS & TECHNOLOGY Page 1 of 8 Weeks 1, 2 B1-12; 8.2.12 A1-3, B1-6, C1-3; 9.1.12 A1-5, B1-5; 9.2.12 A1-5, B1-3, C1-2, D1-5, E1-3, F1-5 What is Why do we need What is

More information

Business. Smyth County Schools Curriculum Map Grade:10-12 Subject:Accounting. Understanding the Accounting Cycle for a Service Business

Business. Smyth County Schools Curriculum Map Grade:10-12 Subject:Accounting. Understanding the Accounting Cycle for a Service Business Grade:10-12 Subject:Accounting 1st Quarter 2nd Quarter Standards Implementing Virginia's CTE Course Requirements 001 Demonstrate Virginia's Workplace Readiness Skills in course activities. 002 Apply Virginia's

More information

Content/Essential Vocabulary Computerized Accounting Terminology. Assessments/Activities Resources Essential Questions. ds

Content/Essential Vocabulary Computerized Accounting Terminology. Assessments/Activities Resources Essential Questions. ds Teacher: Desha Nelson Year: 2012-2013 Grade Level or Course: Accounting (*EOC) Accounting Curriculum Map Big Ideas: How do accountants keep track of books for businesses? Month Aug Content/Essential Computerized

More information

BUSINESS and FINANCE TECHNOLOGY CURRICULUM. For ACCOUNTING I. (Elective Course)

BUSINESS and FINANCE TECHNOLOGY CURRICULUM. For ACCOUNTING I. (Elective Course) BUSINESS and FINANCE TECHNOLOGY CURRICULUM For ACCOUNTING I (Elective Course) Supports Academic Learning Objective # 3 - Students and graduates of Ledyard High School will employ problem-solving skills

More information

ACCOUNTING. Year Prerequisite: None (Personal Financial Management Recommended)

ACCOUNTING. Year Prerequisite: None (Personal Financial Management Recommended) ACCOUNTING BS000001 (1 st Semester) BS000002 (2 nd Semester) ACCOUNTING Grades 10, 11, 12 Year Prerequisite: None (Personal Financial Management Recommended) 1 Unit All This is a one-year course that will

More information

COWLEY COLLEGE & Area Vocational Technical School

COWLEY COLLEGE & Area Vocational Technical School COWLEY COLLEGE & Area Vocational Technical School COURSE PROCEDURE FOR FUNDAMENTALS OF ACCOUNTING ACC1111 3 Credit Hours Student Level: This course is open to students on the college level in either the

More information

UNIT/ORGANIZING PRINCIPLE: Changing that Affect the Accounting Equation ESSENTIAL QUESTIONS:

UNIT/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 information

POCONO MOUNTAIN SCHOOL DISTRICT CURRICULUM

POCONO MOUNTAIN SCHOOL DISTRICT CURRICULUM COURSE: Accounting II GRADE(S): 9-12 UNIT: Journalize and posting transactions for a TIMEFRAME: 90 Days Departmentalized Business /Corporation NATIONAL STANDARDS: NATIONAL BUSINESS EDUCATION ASSOCIATION

More information

WAYNESBORO AREA SCHOOL DISTRICT CURRICULUM ACCOUNTING I

WAYNESBORO AREA SCHOOL DISTRICT CURRICULUM ACCOUNTING I COURSE NAME: Accounting I UNIT: Service Business Organized as a Proprietorship NO. OF DAYS: 70 KEY LEARNING(S): Analyzing, journalizing, and posting transactions; preparing financial reports; analyzing

More information

EMC Publishing s Introductory Accounting

EMC Publishing s Introductory Accounting Correlated to Indiana s Academic Standards Business, Marketing, and Information Technology (ACC I - 4524) Indiana s Academic Standards Course Content Standards and ACC I 1 Accounting Cycle ACC I 1.1 Content

More information

Accounting I Grade 9, 10, 11, or 12 Prerequisites: None Credit Value: 5

Accounting I Grade 9, 10, 11, or 12 Prerequisites: None Credit Value: 5 Prerequisites: None Credit Value: 5 ABSTRACT The course provides an introduction to the accounting processes and procedures of using worksheets to document all transactions involved in various types of

More information

Palmyra Area School District 1125 Park Drive Palmyra, 17078

Palmyra Area School District 1125 Park Drive Palmyra, 17078 Palmyra Area School District 1125 Park Drive Palmyra, 17078 Planned Instruction for: Grade Levels: 10, 11, 12 Authors: PALMYRA AREA SCHOOL DISTRICT Overview Course Description gives the student an overall

More information

Syllabus: Accounting

Syllabus: 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 information

ACHS ACCOUNTING I. Grades 10-12

ACHS ACCOUNTING I. Grades 10-12 ACCOUNTING I Grades 10-12 ACCOUNTING DESCRIPTION OF COURSE Accounting allows the student to the necessary business knowledge in how a company handles daily monetary exchanges. Students will be able to

More information

Accounting I (Master)

Accounting I (Master) St. Michael Albertville High School Teacher: Tony Mallinger Accounting I (Master) September 2014 Content Skills Learning Targets Assessment Resources & Technology CEQ: WHAT IS ACCOUNTING? HOW DO YOU PERFORM

More information

Idaho PTE Business Education Course with Essential Learning Outcomes and Learning Indicators

Idaho PTE Business Education Course with Essential Learning Outcomes and Learning Indicators A course designed to emphasize accounting principles as they relate to the basic understanding and skills required in keeping manual and computerized financial records for a business. Emphasis is on providing

More information

COMPONENTS AND ASSESSMENTS

COMPONENTS AND ASSESSMENTS Spokane Public Schools Accounting Year 1 Course: Accounting Total Framework Hours up to: 180 CIP Code: 520301 Exploratory Preparatory Date Last Modified: Career Cluster: Finance Cluster Pathway: Finance

More information

Contents ADJUSTING THE ACCOUNTS. Analyze Accounts and Prepare Adjusting Entries 43. Learning Goal 4: Explain the Meaning of Accounting Period 7

Contents ADJUSTING THE ACCOUNTS. Analyze Accounts and Prepare Adjusting Entries 43. Learning Goal 4: Explain the Meaning of Accounting Period 7 Contents Review The Essential Accounts for a Corporation 1 The Accounts For a Corporation 1 Equity Accounts 1 Corporate Financial Statements: Quick Review 2 SECTION I Goal 1: ADJUSTING THE ACCOUNTS Explain

More information

SOUTH SEATTLE COMMUNITY COLLEGE (Technical Education Department) COURSE OUTLINE Marla Lockhart - Date: January 09

SOUTH SEATTLE COMMUNITY COLLEGE (Technical Education Department) COURSE OUTLINE Marla Lockhart - Date: January 09 1 SOUTH SEATTLE COMMUNITY COLLEGE (Technical Education Department) COURSE OUTLINE Marla Lockhart - Date: January 09 DEPARTMENT: CURRICULUM: COURSE TITLE: Accounting (ACCT) Vocational Accounting Introduction

More information

Geneva CUSD 304 Content-Area Curriculum Frameworks Grades 6-12 Business

Geneva CUSD 304 Content-Area Curriculum Frameworks Grades 6-12 Business Geneva CUSD 304 Content-Area Curriculum Frameworks Grades 6-12 Business Mission Statement In the Business Department, our mission is to: Provide a variety of subject areas. Introduce students to current

More information

Strands & Standards ACCOUNTING 1

Strands & Standards ACCOUNTING 1 Strands & Standards ACCOUNTING 1 COURSE DESCRIPTION Students will develop skills, beginning with an understanding of the basic elements and concepts of double-entry accounting systems related to service

More information

ACCOUNTING I INFORMATION SHEET Liberty High School Teacher: Mr. LoBosco

ACCOUNTING 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 information

Accounting I (Level 2) Vocabulary/Content

Accounting I (Level 2) Vocabulary/Content Unit 1: Introduction to Accounting Accounting I (Level 2) Suggested Duration: about 30 days Standards, Big Ideas, and Essential Questions Competencies and Accounting Core Skills Vocabulary/Content Instructional

More information

Palmyra Area School District 1125 Park Drive Palmyra, 17078

Palmyra Area School District 1125 Park Drive Palmyra, 17078 Palmyra Area School District 1125 Park Drive Palmyra, 17078 Planned Instruction for: Grade Levels: 11, 12 Authors: PALMYRA AREA SCHOOL DISTRICT Overview Grade Levels: 11, 12 Course Description This course

More information

1/2/2019 5:27 AM Approved (Changed Course) BBK 50 Course Outline as of Fall 2017

1/2/2019 5:27 AM Approved (Changed Course) BBK 50 Course Outline as of Fall 2017 1/2/2019 5:27 AM Approved (Changed Course) BBK 50 Course Outline as of Fall 2017 CATALOG INFORMATION Dept and Nbr: BBK 50 Title: COMPUTER BBKG & ACCTG 1 Full Title: Computerized Bookkeeping and Accounting

More information

Introduction to Bookkeeping

Introduction 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 information

El Monte Union High School District

El Monte Union High School District El Monte Union High School District COURSE OUTLINE High School DISTRICT Title: Accounting I P This course meets graduation requirements: Department/Cluster Approval Date Transitional* Eng.Cluster Only)

More information

JEFFERSON COLLEGE COURSE SYLLABUS BUS107 BOOKKEEPING. 3 Credit Hours. Prepared by Ron Trucks. Revised by Ron Trucks March 2011

JEFFERSON COLLEGE COURSE SYLLABUS BUS107 BOOKKEEPING. 3 Credit Hours. Prepared by Ron Trucks. Revised by Ron Trucks March 2011 JEFFERSON COLLEGE COURSE SYLLABUS BUS107 BOOKKEEPING 3 Credit Hours Prepared by Ron Trucks Revised by Ron Trucks March 2011 CAREER & TECHNICAL EDUCATION BUS107 Bookkeeping I. CATALOGUE DESCRIPTION A. Prerequisite:

More information

PART 1 Departmentalized Accounting

PART 1 Departmentalized Accounting CHAPTER 1 RECORDING DEPARTMENTAL PURCHASES AND CASH PAYMENTS 4 Accounting In Your Career 5 1-1 Using Accounting Principles and Records 6 1-2 Journalizing and Posting Purchases and Purchases Returns 12

More information

After completing this course, the student should be able to:

After 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 information

COWLEY COLLEGE & Area Vocational Technical School

COWLEY COLLEGE & Area Vocational Technical School COWLEY COLLEGE & Area Vocational Technical School COURSE PROCEDURE FOR Student Level: This course is open to students on the college level in either the freshman or sophomore year. Catalog Description:

More information

JEFFERSON COLLEGE COURSE SYLLABUS MGT 107 BOOKKEEPING. 3 Credit Hours. Prepared by: Bob Johnson

JEFFERSON COLLEGE COURSE SYLLABUS MGT 107 BOOKKEEPING. 3 Credit Hours. Prepared by: Bob Johnson JEFFERSON COLLEGE COURSE SYLLABUS MGT 107 BOOKKEEPING 3 Credit Hours Prepared by: Bob Johnson Revised By: Kathy Johnson Date: January 28, 2013 Date: September 13, 2016 Chris DeGeare, M.Ed., Division Chair,

More information

NESHAMINY SCHOOL DISTRICT LANGHORNE, PENNSYLVANIA. Course Title ACCOUNTING II

NESHAMINY SCHOOL DISTRICT LANGHORNE, PENNSYLVANIA. Course Title ACCOUNTING II NESHAMINY SCHOOL DISTRICT LANGHORNE, PENNSYLVANIA Course Title ACCOUNTING II COURSE OF STUDY: ACCOUNITNG II COURSE LENGTH: Full Year ENDURING UNDERSTANDING: Accounting represents formal record keeping

More information

QuickBooks Premier 2018 Level 1

QuickBooks Premier 2018 Level 1 Courseware 1767 QuickBooks Premier 2018 Level 1 Accounting Series Course Description This course introduces basic accounting tasks using the Canadian version of QuickBooks Premier Accountant Edition 2018.

More information

COPYRIGHTED MATERIAL. FEATURE STORY: Financial Reporting: A Matter of. FEATURE STORY: No Such Thing as a Perfect

COPYRIGHTED MATERIAL. FEATURE STORY: Financial Reporting: A Matter of. FEATURE STORY: No Such Thing as a Perfect D E T A I L E D C O N T E N T S CHAPTER 1 HOSPITALITY ACCOUNTING IN ACTION 1 FEATURE STORY: Financial Reporting: A Matter of Trust 1 What Is Accounting? 2 Who Uses Accounting Data? 4 Brief History of Accounting

More information

SECTION III. ACCOUNTING GUIDELINES AND DOCUMENTS

SECTION III. ACCOUNTING GUIDELINES AND DOCUMENTS SECTION III. ACCOUNTING GUIDELINES AND DOCUMENTS A. ACCOUNTING GUIDELINES AND DOCUMENTS APPROVED BY THE MINISTRY OF FINANCE For the purpose of implementing the accounting standards based on IAS, the Ministry

More information

Finance Pathway Test Blueprint

Finance Pathway Test Blueprint I. Financial Management A. Personal Finance 1. Describe the fundamental principles of money needed to make financial exchanges a. Differentiate between different forms of financial exchange (e.g., cash,

More information

Table of Contents. QuickBooks 2018 Chapter 2: Working with Customers 21. QuickBooks 2018 Chapter 1: Introducing QuickBooks Pro 1

Table of Contents. QuickBooks 2018 Chapter 2: Working with Customers 21. QuickBooks 2018 Chapter 1: Introducing QuickBooks Pro 1 Table of Contents Preface UNIT 1: ESSENTIAL SKILLS QuickBooks 2018 Chapter 1: Introducing QuickBooks Pro 1 Presenting QuickBooks Pro 2 Editions of QuickBooks 2 Determining the Edition 2 Types of Tasks

More information

ACC108 Hospitality Accounting- Administrative Outline

ACC108 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 information

ACC106 Office Accounting I Administration Outline

ACC106 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 information

UNIT PLAN Accounting 1 Unit 2 (chapters 3-11) Shawano School District

UNIT PLAN Accounting 1 Unit 2 (chapters 3-11) Shawano School District UNIT PLAN Accounting 1 Unit 2 (chapters 3-11) Shawano School District DESIRED RESULTS Standard(s)/Essential Learnings: AF1.a.2.h, AF1.a.3.h, AF1.a.5.h, AF1.b.4.h, AF1.c.4.h, AF1.c.5.h, AF1.d/5.h, AF1.d.7.h,

More information

ISBN: Other Materials: Several #2 pencils and a basic business calculator the use of cell phone calculators is not allowed

ISBN: Other Materials: Several #2 pencils and a basic business calculator the use of cell phone calculators is not allowed Course Syllabus Gogebic Community College Fall, 2016 Course: Accounting 150 Accounting I Credits: 4 Contact Hours: 4 12:00-12:53, M, W, F, On Campus 12:00-12:53 T By Arrangement Instructor: Jim Dahlin

More information

HONORS FINANCIAL ACCOUNTING

HONORS 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 information

Presentation 5. Landscaper Transactions & Reconciliations Educating Bookkeepers for Business, Inc.

Presentation 5. Landscaper Transactions & Reconciliations Educating Bookkeepers for Business, Inc. Presentation 5 Landscaper Transactions & Reconciliations Chapter 1: Templates Edit: Preferences: Accounting Lists: Templates Templates: Select Template Type Lists: Templates: Basic Customization Lists:

More information

Instructor: Mary Oxley Room 226 Business Department Ext 226

Instructor: Mary Oxley Room 226 Business Department Ext 226 Accounting I Course Syllabus 5910-2017-2018 Course Description : Glencoe Accounting, First- Year Course is a comprehensive one-year course designed to bring the real world of accounting into the classroom.

More information

IAB Level 1 Award in Bookkeeping (RQF) Qualification Specification

IAB 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 information

November In this Issue

November In this Issue Page 1 of 5 View this newsletter and archived copies online at www.businesswc.com November 2010 - In this Issue TRAVERSE & OSAS News Year End Assistance Accounts Payable Tips Emailing Invoices & Purchase

More information

FINANCIAL SYSTEMS AND CONTROLS ASSESSMENT QUESTIONNAIRE

FINANCIAL SYSTEMS AND CONTROLS ASSESSMENT QUESTIONNAIRE FINANCIAL SYSTEMS AND CONTROLS ASSESSMENT QUESTIONNAIRE Name of VCO Project Name Project Code Date of Visit Interviewing Officer VCO Representative (Management Committee/Board) Position held in VCO VCO

More information

Problem 10: Purchases. NBEA Achievement Standard: Demonstrate the skills and competencies required to be successful in the accounting profession.

Problem 10: Purchases. NBEA Achievement Standard: Demonstrate the skills and competencies required to be successful in the accounting profession. Algorithmic Problems and Simulations 1 st Web- Based Edition Problem 10: Purchases Handy- Dandy Hardware Store NBEA Achievement Standard: Demonstrate the skills and competencies required to be successful

More information

HONORS FINANCIAL ACCOUNTING

HONORS FINANCIAL ACCOUNTING FREEHOLD REGIONAL HIGH SCHOOL DISTRICT OFFICE OF CURRICULUM AND INSTRUCTION BUSINESS ADMINISTRATION MAGNET PROGRAM HONORS FINANCIAL ACCOUNTING Grade Level: 10 Credits: 5 BOARD OF EDUCATION ADOPTION DATE:

More information

Classic General Ledger Balancing Flow Charts

Classic 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 information

(II) ELEMENTS OF BOOK-KEEPING AND ACCOUNTANCY (CODE NO. 254) CLASS-IX

(II) ELEMENTS OF BOOK-KEEPING AND ACCOUNTANCY (CODE NO. 254) CLASS-IX (II) ELEMENTS OF BOOK-KEEPING AND ACCOUNTANCY (CODE NO. 254) CLASS-IX Objective : The main objective of this paper is to enable the students to understand the fundamental principles and to develop skills

More information

What is Accounting? Answer:

What 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 information

ACCOUNTING Canadian Eighth Edition Volume 1

ACCOUNTING Canadian Eighth Edition Volume 1 ADAPTING YOUR LECTURE NOTES (FOR USERS OF WEYGANDT ET AL., ACCOUNTING PRINCIPLES, 4/C/E) Elizabeth A. Zaleschuk ACCOUNTING Canadian Eighth Edition Volume 1 Charles T. Horngren / Walter T. Harrison / M.

More information

ACCOUNTING (ACNT 1303) CHAPTER 1 The Nature of Accounting

ACCOUNTING (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 information

PELLISSIPPI STATE TECHNICAL COMMUNITY COLLEGE MASTER SYLLABUS PRINCIPLES OF ACCOUNTING I ACC 2110

PELLISSIPPI STATE TECHNICAL COMMUNITY COLLEGE MASTER SYLLABUS PRINCIPLES OF ACCOUNTING I ACC 2110 PELLISSIPPI STATE TECHNICAL COMMUNITY COLLEGE MASTER SYLLABUS PRINCIPLES OF ACCOUNTING I ACC 2110 Class Hours: 3.0 Credit Hours: 3.0 Laboratory Hours: 0.0 Date Revised: Spring 03 * Intended for transfer.

More information

Sage 50 Premium Accounting 2017 Level 1

Sage 50 Premium Accounting 2017 Level 1 Courseware 1665 Sage 50 Premium Accounting 2017 Level 1 Course Description This is an introduction to accomplishing basic accounting tasks using Sage 50 Premium Accounting 2017. Students will begin with

More information

QuickBooks Complete For QuickBooks Pro, Premier and Accountant 2018

QuickBooks Complete For QuickBooks Pro, Premier and Accountant 2018 QuickBooks Complete 2018 For QuickBooks Pro, Premier and Accountant 2018 Copyright 2018 Product Name QuickBooks Complete - Version 2018 ISBN: 978-1-942417-21-7 Trademarks Intuit, the Intuit logo, QuickBooks,

More information

The learners shall be able to

The learners shall be able to Grade: 12 Course Title: Fundamentals of Accountancy, Business and Management 2 Semester: 1 st Semester, 1 st Quarter No. of Hours/ Semester: 80 hours/ semester Prerequisite: Fundamentals of Accountancy,

More information

Sage 50 Premium Accounting 2014 Level 1

Sage 50 Premium Accounting 2014 Level 1 Courseware 1615 Sage 50 Premium Accounting 2014 Level 1 Course Description This is an introduction to accomplishing basic accounting tasks using Sage 50 Premium Accounting 2014. Students will begin with

More information

Innovations in Business Solutions. Diploma in Accounting and Payroll. Accounting and Payroll I Week 1 to 11

Innovations in Business Solutions. Diploma in Accounting and Payroll. Accounting and Payroll I Week 1 to 11 Program Course Duration Diploma in Accounting and Payroll 33 weeks Accounting and Payroll I Week 1 to 11 Introduction to Accounting Fundamentals of Accounting Basic concepts of recording journal entry

More information

Activant Prophet 21. Month/Year End Processing

Activant Prophet 21. Month/Year End Processing Activant Prophet 21 Month/Year End Processing This class is designed for System Administrators Operation Managers Accounting Managers Objectives Suggested month end and year end procedures This course

More information

YAVAPAI 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 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 information

Financial Controls Checklist

Financial Controls Checklist Financial Controls Checklist Board of Health: Board of Health for the Leeds, Grenville & Lanark District Health Unit Period ended: Dec. 31/17 Objective: The objective of the Financial Controls Checklist

More information

Chapter 2. Job Order Costing and Analysis QUESTIONS

Chapter 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 information

Financial Accounting Chapter 5 Notes The Operating Cycle And Merchandising Operations

Financial Accounting Chapter 5 Notes The Operating Cycle And Merchandising Operations Financial Accounting Chapter 5 Notes The Operating Cycle And Merchandising Operations I. Management Issues in Merchandising Business Merchandising business earns income by buying and selling goods. Such

More information

Quizzes Tests Graphic Organizers Note taking Problems Cooperative Learning Activities and Projects Rubrics Business Simulations

Quizzes Tests Graphic Organizers Note taking Problems Cooperative Learning Activities and Projects Rubrics Business Simulations 1 Curriculum Map: Accounting, Childs, 2015-16 UNIT MODULE 1 TIMEFRAME 5 weeks Starting a Proprietorship The Accounting Equation How Business Activities Change the Accounting Equation How do the transactions

More information

INTRODUCTION TO QUICKBOOKS PRESENTED BY SHARPER TRAINING SOLUTIONS

INTRODUCTION TO QUICKBOOKS PRESENTED BY SHARPER TRAINING SOLUTIONS INTRODUCTION TO QUICKBOOKS PRESENTED BY SHARPER TRAINING SOLUTIONS CEIL HEARN Email: info@stsico.com Material: www.stsico.com/books Newsletter: www.computerkindergarten.com INTRODUCTION WHAT IS QUICKBOOKS?

More information

2014/2015 School Year. Unit / Theme Content (Nouns) Skills (Verbs) YC Learning Outcomes & Course Content/ADE Standards

2014/2015 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 information

Accounts Receivable Reference and Maintenance E-Docs: System Information

Accounts Receivable Reference and Maintenance E-Docs: System Information Accounts Receivable Reference and Maintenance E-Docs: System Information Table of Contents Overview... 1 Document Layout... 2 Edit System Information Tab... 3 Edit Object Codes Tab... 3 Edit University

More information

Outline the purpose, content and format of the books of prime entry

Outline 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 information

Accounting Pathway. Standard Statement: Students will utilize systems and technology that record, analyze, interpret, and communicate financial data.

Accounting Pathway. Standard Statement: Students will utilize systems and technology that record, analyze, interpret, and communicate financial data. Career Cluster: Finance Cluster Big Idea: Systems Cluster Enduring Understandings: Money makes the world go around. The effective use of financial systems is important to a business. Cluster Essential

More information

Session 4-2 Sage 100 Contractor: System Reconciliations

Session 4-2 Sage 100 Contractor: System Reconciliations Session 4-2 Thursday, October 12 10:15am-11:45am Room 619 Session 4-2 Sage 100 Contractor: System Reconciliations Presented By: Melanie Rogers WoodStone Earth Construction, Inc Original Author: Melanie

More information

PPLRPTO24 Recording income and receipts

PPLRPTO24 Recording income and receipts Overview This unit relates to the role of invoicing and receiving payments and keeping the financial books on a daily basis in line with your organisation's financial systems and procedures. The unit consists

More information

1. What lists can be imported from Excel spreadsheets, when setting up a QuickBooks Online company?

1. What lists can be imported from Excel spreadsheets, when setting up a QuickBooks Online company? QuickBooks Online Practice Test (with answers) 1. What lists can be imported from Excel spreadsheets, when setting up a QuickBooks Online company? A) Locations, Classes, Products and Services, and Vendors

More information

Brandon s Cabinet Shop

Brandon s Cabinet Shop Brandon s Cabinet Shop 1 st Web-Based Edition Module 2 Transactions For June 10-16 Page 1 Heads Up: In this module you will be required to record: (1) unearned revenue and (2) a sales return of merchandise

More information

ACCOUNTING. Contest Basics SAC 2016

ACCOUNTING. 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 information

SAP Business One. A Single System to Streamline Your Entire Business

SAP Business One. A Single System to Streamline Your Entire Business SAP Business One A Single System to Streamline Your Entire Business LBSi Whistle Stop Tour Regional SAP User Group Meeting 1. Welcome Introductions 2. Kick-off to SAP Business One User Group is Whistle

More information

APPENDIX 2 COMMUNITY DEVELOPMENT COMMISSION FINANCIAL CHECKLIST REQUIRED FOR ALL APPLICANTS (A SITE VISIT MAY BE CONDUCTED LATER)

APPENDIX 2 COMMUNITY DEVELOPMENT COMMISSION FINANCIAL CHECKLIST REQUIRED FOR ALL APPLICANTS (A SITE VISIT MAY BE CONDUCTED LATER) REQUIRED FOR ALL APPLICANTS (A SITE VISIT MAY BE CONDUCTED LATER) AGENCY NAME: AGENCY ADDRESS AGENCY PHONE: DATE PREPARED: PREPARED BY: TITLE: EMAIL: AGENCY GENERAL INFORMATION EXECUTIVE DIRECTOR /CITY

More information

Course Syllabus for ACCOUNTING 101 PRINCIPLES OF ACCOUNTING

Course 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 information

SAMPLE. FNSACC301 Process financial transactions and extract interim reports

SAMPLE. FNSACC301 Process financial transactions and extract interim reports Participant Workbook FNSACC301 Process financial transactions and extract interim reports 1 st Edition 2017 Part of a suite of support materials for the FNS Financial Services Training Package Acknowledgement

More information

Chapter One Introduction to Sage 50 Accounting

Chapter One Introduction to Sage 50 Accounting Chapter One Introduction to Sage 50 Accounting After installation of Sage 50 Accounting Software to your computer, you are ready to start running your business with Sage 50. Your remaining tasks will be:

More information

COURSE TITLE. Honors Accounting LENGTH. Full Year Grades DEPARTMENT. Business Education Barbara O Donnell, Supervisor SCHOOL

COURSE 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 information

Chapter 2. Job Order Costing and Analysis QUESTIONS

Chapter 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 information

Microsoft Dynamics SL

Microsoft 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 information

Unit 1: About this Workbook Unit 2: Occupational Health and Safety Procedures

Unit 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 information

QuickBooks Fundamentals For QuickBooks Pro, Premier and Accountant 2018

QuickBooks Fundamentals For QuickBooks Pro, Premier and Accountant 2018 QuickBooks Fundamentals 2018 For QuickBooks Pro, Premier and Accountant 2018 Copyright 2018 Product Name QuickBooks Fundamentals - Version 2018 ISBN: 978-1-942417-22-4 Trademarks Intuit, the Intuit logo,

More information

FREEHOLD REGIONAL HIGH SCHOOL DISTRICT OFFICE OF CURRICULUM AND INSTRUCTION BUSINESS DEPARTMENT ACCOUNTING 1. Grade Level: 9-12.

FREEHOLD REGIONAL HIGH SCHOOL DISTRICT OFFICE OF CURRICULUM AND INSTRUCTION BUSINESS DEPARTMENT ACCOUNTING 1. Grade Level: 9-12. FREEHOLD REGIONAL HIGH SCHOOL DISTRICT OFFICE OF CURRICULUM AND INSTRUCTION BUSINESS DEPARTMENT ACCOUNTING 1 Grade Level: 9-12 Credits: 5 BOARD OF EDUCATION ADOPTION DATE: AUGUST 31, 2015 SUPPORTING RESOURCES

More information

After your registration is complete and your proctor has been approved, you may take the Credit by Examination for MONEY 1A.

After your registration is complete and your proctor has been approved, you may take the Credit by Examination for MONEY 1A. MONEY 1A Money Matters, First Semester #8383 (v.1.0) To the Student: After your registration is complete and your proctor has been approved, you may take the Credit by Examination for MONEY 1A. ABOUT THE

More information

Full file at Job Order Costing and Analysis QUESTIONS

Full file at   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 information

7-1. Prepared by Coby Harmon University of California, Santa Barbara Westmont College

7-1. Prepared by Coby Harmon University of California, Santa Barbara Westmont College 7-1 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 information

Congratulations! You have graduated from T-Accounts Now we can get to the REAL stuff

Congratulations! You have graduated from T-Accounts Now we can get to the REAL stuff Congratulations! You have graduated from T-Accounts Now we can get to the REAL stuff Because accounting is based on organizing, summarizing, and reporting financial information; there are standard processes.

More information

19. ACCOUNTANCY (CODE NO. 055)

19. ACCOUNTANCY (CODE NO. 055) Visit for Ncert Solutions in Text and Video, CBSE Sample papers, Exam tips, 19. ACCOUNTANCY (CODE NO. 055) Rationale The course in Accountancy is introduced at +2 stage of Senior Secondary education, as

More information

Missoula Electric Cooperative, Inc. Policy 104 Record Retention

Missoula Electric Cooperative, Inc. Policy 104 Record Retention 1.0 Objective The Policy covers all records and documents, regardless of physical form and contains guidelines for how long certain documents should be kept. The Policy is designed to ensure compliance

More information

Two-Person Segregation. Post accounts Post G/L. Complete check register. Authorize check requests Mail checks. Sign employee contracts

Two-Person Segregation. Post accounts Post G/L. Complete check register. Authorize check requests Mail checks. Sign employee contracts Two-Person Segregation Bookkeeper Business Administrator (Accounting and Authorization) (Access and Authorization) PETTY CASH: Disburse petty cash RECEIPTS: Open mail/count offering*/make listing PETTY

More information

Course Outline COURSE: CSIS 220 DIVISION: 50 ALSO LISTED AS: ACCT 220 CSIS 120. TERM EFFECTIVE: Spring 2018 CURRICULUM APPROVAL DATE: 03/27/2017

Course Outline COURSE: CSIS 220 DIVISION: 50 ALSO LISTED AS: ACCT 220 CSIS 120. TERM EFFECTIVE: Spring 2018 CURRICULUM APPROVAL DATE: 03/27/2017 5055 Santa Teresa Blvd Gilroy, CA 95023 Course Outline COURSE: CSIS 220 DIVISION: 50 ALSO LISTED AS: ACCT 220 CSIS 120 TERM EFFECTIVE: Spring 2018 CURRICULUM APPROVAL DATE: 03/27/2017 SHORT TITLE: COMPUTERIZED

More information