Instructor: Mr. Stircula
Room #: 115
Duration: 1 semester
Credit: .5 units
Prerequisite: there are no prerequisites for enrollment in Accounting
This course provides the basic principles of accounting, how to open a set of financial records, how to journalize, post, prepare financial statements and close records. This basic accounting cycle will be expanded on as the course progresses so that the student gains a general understanding of accounting principles. The course covers additional material dealing with the maintenance of accounting records for a sole proprietorship, partnership, and corporation. The students will use computers to solve integrating automatic accounting topics. The student will be performing file maintenance activities such as journalizing departmental purchases and cash payments
Textbooks/Resources: Gilbertson, Claudia and Lehman, Mark. Accounting 11E. Kentucky: South-Western
Materials: Computer, writing utensil, folder
When you complete this course, you should be able to:
Part 1: Accounting for a service business organized as a proprietorship
- Proprietorship, posting to a general ledger, cash control system, and financial statements for a proprietorship
Part 2: Accounting for a merchandising business organized as a partnership
- Journalizing sales and receipts, preparing payroll records, tax reports, financial statements for a partnership, and worksheet for a merchandising business
Students may turn in late assignments. Students have 2 days to make up assignments. 1 day late a student receives 2/3 credit, 2 days late students receives ½ credit for lste work. After 2 weeks students will receive no credit.
“Assignments missed due to an excused absence may be made up. The student is allowed a period of time comparable to the period of time absent to complete those assignments. Assignments due on the day of an anticipated excused absence must be turned into the teacher on or before the due date. Tests missed because of such absences must be made up upon return to class or arranged to be taken early.