Subject: Accounting Calendar: Timeframe: 9 Weeks

Transcription

1 Subject: Accounting Calendar: Timeframe: 9 Weeks Level/Grade: Secondary : Starting a Proprietorship Define accounting terms related to starting a service business organized as a proprietorship (obj1) Identify accounting concepts and practices related to starting a service business organized as a proprietorship (obj2) Classify accounts as an Asset, liability, or Owner s equity and demonstrate their relationship in the accounting equation. (obj3) The practice of analyzing accounting transactions (obj4) Analyze how transactions related to starting a service business organized as a proprietorship affect accounts in an accounting equation. Prepare a balance sheet for a service business organized as a proprietorship from information in an accounting equation. Changes that affect Owner s Equity Define accounting terms related to changes that affect owner s equity for a service business organized as a Identify accounting concepts and practices related to changes that affect owner s equity for a service business organized as a Analyze changes in an accounting equation that affect owner s equity for a service business organized as a Prepare a balance sheet for a service business organized as a proprietorship from information in an accounting equation. Analyzing Transactions into Debit and Credit Parts Define accounting terms related to analyzing transactions into debit and credit parts. Identify accounting practices related to analyzing transactions into debit and credit parts. Use T accounts to analyze transactions showing which accounts are debited or credited for each transaction. Analyze how transactions to set up a business affect accounts. Identify accounting practices related to analyzing transactions into debit and credit parts. Analyze how transactions affect owner s equity accounts. Recording Transactions in a General Journal Define accounting terms related to journalizing transactions. Identify accounting concepts and practices related to journalizing transactions. Record in a general journal transactions to set up a business. Record in a general journal transactions to buy insurance for cash and supplies on account. Identify accounting practices related to journalizing transactions. Record in a general journal transactions that affect owner s equity and receiving cash on account. Identify accounting concepts and practices related to journalizing transactions. Start a new general journal page. Posting from a General Journal to a General Ledger Define accounting terms related to posting from a general journal to a general ledger. Identify accounting concepts and practices related to posting from a general journal to a general ledger. Prepare a chart of accounts for a service business organized as a Post amounts from a general journal to a general ledger. Prove cash and journalize correcting entries.

2 Activity Type: TEKS: Career Investigations The student demonstrates an understanding of the UIL accounting cycle for a service business: A; B.01; B.02; C, E Guided Practice 02-The student demonstrates an understanding of the accounting cycle Independent Practice for an inventory-based or merchandising business: A Explore Accounting Activities 05-The student recognizes the different forms of business Internet Activity organizations, for example, proprietorship, partnership, corporation, and Applied Communication non-profit organizations: A; B.01; B.02; B.03, C Activities 06-The student identifies career opportunities in the accounting field: A; Automated Accounting features B.01; B.02; B The student practices productivity skills as they apply to accounting: A.01; A.02; C; E.02 Materials: Text Book Working Papers Calculator Guided Practice use of data projector demonstrate work Handouts SE Modifications: Extra Assistance Extended Time Shortened Assignments Oral Administration Resources: TA TEKS: c 1 GT Modifications: Peer Tutoring Extra Projects Evaluation Methods: Demonstrate Weekly Tests Portfolios

3 Subject: Accounting Calendar: Timeframe: 9 Weeks-2 Level/Grade: Secondary Unit : Starting a Proprietorship Cash Control Systems Define accounting terms related to using a checking account. Identify accounting concepts and practices related to using a checking account. Prepare business papers related to using a checking account. Reconcile a bank statement. Journalize dishonored checks and electronic banking transactions. Define accounting terms related to using a petty cash fund. Establish and replenish a petty cash fund. Work Sheet for a Service Business Define accounting terms related to a work sheet for a service business organized as a Identify accounting concepts and practices related to a work sheet for a service business organized as a Prepare a heading and a trial balance on a work sheet. Plan adjustments for supplies and prepaid insurance. Complete a work sheet for a service business organized as a Identify selected procedures for finding and correcting errors in accounting records. Financial Statements for a Proprietorship Define an accounting term related to financial statements for a service business organized as a Identify accounting concepts and practices related to preparation of an income statement for a service business organized as a Prepare an income statement for a service business organized as a proprietorship and analyze an income statement using component percentages. Identify accounting concepts and practices related to the preparation of a balance sheet for a service business organized as a Prepare a balance sheet for a service business organized as a Recording Adjusting and Closing Entries for a Service Business Define accounting terms related to adjusting entries for a service business organized as a Identify accounting concepts and practices related to adjusting entries for a service business organized as a Record adjusting entries for a service business organized as a Define accounting terms related to closing entries for a service business organized as a Identify accounting concepts and practices related to closing entries for a service business organized as a Record closing entries for a service business organized as a Prepare a post-closing trial balance for a service business organized as a

4 Activity Type: TEKS: Career Investigations TEKS: 01-The student demonstrates an understanding of the accounting cycle for a UIL service business: A; B.02; G; H.01; H.02 I.01; I.02; J Guided Practice 02-The student demonstrates an understanding of the accounting cycle for an inventory-based or merchandising business: A Independent Practice 03-The student performs payroll and banking procedures: J; K Explore Accounting Activities 04-The student performs specialized accounting procedures: F.01; F.02; F.03; F The student recognizes the different forms of business organizations, for example, Internet Activity proprietorship, partnership, corporation, and non-profit organizations: A, C Applied Communication 06-The student identifies career opportunities in the accounting field: A; B.01; B.02; B. Activities The student practices productivity skills as they apply to accounting: A.01; A.02; C; Automated Accounting features D.01; E.01; E.02; F Materials: Text Book Working Papers Calculator Guided Practice~ use of data projector to demonstrate work Handouts SE Modifications: Extra Assistance Extended Time Shortened Assignments Oral Administration Resources: TA TEKS: c 1,2 GT Modifications: Peer Tutoring RA Project Full accounting cycle Evaluation Methods: Demonstration Weekly Tests Portfolios UIL tests

5 Subject: Accounting Calendar: Timeframe: 9 Weeks-3 Level/Grade: Secondary 10-12

6 Unit : Journalizing Purchases and Cash Payments Using Special Journals Define accounting terms related to purchases for a merchandising business. Identify accounting concepts and practices related to purchases for a merchandising business. Journalize purchases of merchandise using a purchases journal. Journalize cash payments using a cash payments journal. Identify accounting concepts and practices related to transactions using a general journal. Journalize other transactions using a general journal. Journalizing Sales and Cash Receipt Using Special Journals Define accounting terms related to sales for a merchandising business. Identify accounting concepts and practices related to sales for a merchandising business. Journalize sales on account using a sales journal. Define accounting terms related to cash receipts for a merchandising business. Identify accounting concepts and practices related to cash receipts for a merchandising business. Journalize cash receipts using a cash receipts journal. Posting to General and Subsidiary Ledgers Define accounting terms related to posting to ledgers. Post from a purchases journal to an accounts payable ledger. Define accounting terms related to posting to ledgers. Post from a cash payments journal and a general journal to an accounts payable ledger. Post from a sales journal to an accounts receivable ledger. Define accounting terms related to posting to ledgers. Post from a cash receipts journal to an accounts receivable ledger. Post from a cash payments journal and a general journal to a general ledger. Post journal totals to a general ledger. Preparing Payroll Time Cards Define accounting terms related to payroll records. Identify accounting practices related to preparing payroll records. Complete a payroll time card. Define accounting terms related to payroll records. Identify accounting concepts and practices related to payroll records. Calculate payroll taxes. Define accounting terms related to payroll records. Identify accounting concepts and practices related to payroll records. Complete a payroll register and an employee earnings record. Define accounting terms related to preparing payroll records. Identify accounting concepts and practices related to preparing payroll records. Prepare payroll checks.

7 Activity Type: TEKS: Career Investigations TEKS: 01-The student demonstrates an understanding of the accounting cycle for a UIL service business: B.02 Guided Practice 02-The student demonstrates an understanding of the accounting cycle for an inventory-based or merchandising business: A; B.01; B.02; C E.01 Independent Practice 03-The student performs payroll and banking procedures: A; B; C; D.01; D.02; F; I Explore Accounting Activities 05-The student recognizes the different forms of business organizations, for example, proprietorship, partnership, corporation, and non-profit organizations: A; B.01; B.02; C Internet Activity 06-The student identifies career opportunities in the accounting field: B.01; B.02; B.03 Applied Communication 07-The student practices productivity skills as they apply to accounting: A.01; A.02; C; Activities D.02E.02 Automated Accounting features Materials: Text Book Working Papers Calculator Guided Practice~ use of data projector to demonstrate work Handouts SE Modifications: Extra Assistance Extended Time Shortened Assignments Oral Administration Resources: TA TEKS: c 1,23,4 GT Modifications: Peer Tutoring RA Project Full accounting cycle Evaluation Methods: Demonstration Weekly Tests Portfolios UIL tests Subject: Accounting Calendar: Timeframe: 9 Weeks-4 Level/Grade: Secondary 10-12

8 Unit : Payroll Accounting, Taxes, and Reports Identify accounting concepts and practices related to recording a payroll. Analyze payroll transactions and record a payroll. Define accounting terms related to payroll taxes. Identify accounting concepts and practices related to payroll taxes. Record employer payroll taxes. Identify accounting concepts and practices related to payroll reports. Prepare selected payroll tax reports. Identify accounting concepts and practices related to payroll accounting, taxes, and reports. Pay and record withholding and payroll taxes. Work Sheet for a Merchandising Business Define accounting terms related to a work sheet for a merchandising business. Identify accounting concepts and practices related to a work sheet for a merchandising business. Begin a work sheet for a merchandising business. Identify accounting concepts and practices related to a work sheet for a merchandising business. Plan adjustments on a work sheet for a merchandising business. Identify accounting concepts and practices related to a work sheet for a merchandising business. Complete a work sheet for a merchandising business. Accounting Simulation for a company Tax simulation Activity Type: Simulation Career Investigations UIL Guided Practice Independent Practice Explore Accounting Activities Internet Activity Applied Communication Activities Automated Accounting features Materials: Text Book Working Papers Calculator Guided Practice~ use of data projector to demonstrate work Handouts TEKS: TEKS: 01-The student demonstrates an understanding of the accounting cycle for a service business: B The student demonstrates an understanding of the accounting cycle for an inventory-based or merchandising business: A; E The student performs payroll and banking procedures: D.01; D.02; E; G; H 05-The student recognizes the different forms of business organizations, for example, proprietorship, partnership, corporation, and non-profit organizations: A 06-The student identifies career opportunities in the accounting field: B. 01; B.02; B The student practices productivity skills as they apply to accounting: A.01; A.02; C; D.02; E.02

9 SE Modifications: Extra Assistance Extended Time Shortened Assignments Oral Administration Resources: TA TEKS: c 1,23,4 GT Modifications: Peer Tutoring RA Project Full accounting cycle Evaluation Methods: Demonstration Weekly Tests Portfolios UIL tests