Class: Accounting II
Rationale:
Accounting II
Description:
This course is designed to help students acquire a more thorough, in-depth knowledge of accounting procedures and
techniques utilized in solving business problems and making financial decisions. Students will develop skills in
analyzing and interpreting information common to partnerships and corporations, preparing formal statements and
supporting schedules, and using inventory and budgetary control systems. Computer applications should be
integrated in each appropriate instructional unit.
Grade:
11, 12
Pre-requisites:
Accounting I, Business Technology I
Goals:
To extend an understanding of the terminology, principles, and concepts of accounting.
To understand the frameworks of accounting, forms of business organization.
To apply skills using accounting software.
To develop skills using spreadsheet software to prepare financial statements.
To develop good ethical business standards.
Texts:
Century
Century2121Accounting—Advanced
Accounting—First Year Course
Century
Century2121Accounting—Advanced
Accounting—Chapter Reviews
Chapter and
Reviews
Online
and
Accounting
Online Accounting
Papers Papers
Resources:
Microsoft Excel
Internet
Guest Speakers
1
Accounting II
Learner Objective
(to know)
Activity
(to do)
Assessment
Students will:
Prepare advanced accounting
adjustments
Students will:
Define accounting terms related to plant assets and
depreciation, notes receivable, unearned revenue, and
accrued revenue, to notes payable, prepaid expenses,
and accrued expenses, identify accounting concepts and
practices related to accounting for plant assets and
depreciation, notes receivable, unearned revenue, and
accrued revenues, notes payable, prepaid expenses, and
accrued expenses, journalize entries for plant assets, for
disposing of plant assets, calculate and record property
tax expense and depreciation expense for plant assets
using straight-line depreciation, calculate depreciation
expense using other methods, transactions for notes
receivable, explain unearned and accruals related to the
matching principle, journalize transactions for notes
payable, journalize adjusting and reversing entries for
prepaid expenses initially recorded as expenses and for
accrued expenses, for unearned revenue initially
recorded as revenue,and for accrued revenue.
Students will:
Learn the terms, concepts, and processes used for
accounting adjustments through guided practice,
on own activities and an assessment.
Students will:
Complete the accounting cycle
process for a corporation.
Students will:
Define terminology related to the accounting cycle for a
corporation, identify and journalize methods for the
formation of a corporation, calculate journal
transactions for stock transactions, bonds payable,
calculate federal income tax for a corporation,and
prepare financial statements for corporation, journalize
and post adjusting and closing entries for a corporation.
Students will:
Complete the accounting cycle process for a
corporation through guided practice, on own
activities and an assessment.
CCSS
RST.11-12.1, RST.11-12.4,
RST.11-12.7, RI.11-12.3,
RI.11-12.4, L.11-12.6,
RH.11-12.4, SL.11-12.1, NQ.1, A-CED.1, A-CED.4,
F.LE.9-12.1c, CA1, MA1,
MA3, 1.5, 1.7, 1.8
RST..11-12.1, RST.11-12.3,
RST.11-12.4, RST.11-12.7,
RST.11-12.9, RI.11-12.3,
RI.11-12.4, L.11-12.6,
RH.11-12.4, SL.11-12.1, NX.3, N-Q.9-12.1, A-CED.912.1, A-CED.9-12.4, CA1,
MA1, MA3, 1.5, 1.7, 1.8
2
Students will:
Complete accounting for a
departmentalized business.
Students will:
Explain the purpose of departmentalized accounting,
define terminology related to departmentalized
accounting concepts and principles, apply debit and
credit rules to departmentalized business transactions,
journalize transactions for a departmentalized business
in special journals, post transactions from journals to a
general and subsidiary ledger, prepare and maintain
payroll records for a departmentalized business,
understand the importance of maintaining
confidentiality of employees’ personal information,
prepare financial statements for a departmentalized
business, journalize and post adjusting and closing
entries for a departmentalized business.
Students will:
Complete the accounting cycle process for a
departmentalized business through guided
practice, on own activities and an assessment.
Students will:
Students will:
Students will:
Manage automated accounting
Define terminology related to computerized accounting
systems, use spreadsheets and/or software to complete
the accounting cycle, complete a computerized
accounting simulation.
Learn the terminology related to maintain a
computerized accounting system through guided
practice, on own activities and an assessment.
Students will:
Manage inventory control
Students will:
Define terminology related to inventory and
uncollectible accounts, determine the cost of
merchandise inventory using selected costing methods,
estimate the cost of merchandise inventory using
selected estimating methods, calculate merchandise
inventory turnover ratio and average number of days’
sales in merchandise inventory, calculate and journalize
uncollectible accounts expense using the direct write-off
method, calculate and journalize uncollectible accounts
expense using allowance methods, journalize the
collection and reinstatement of previously written-off
accounts, calculate and analyze accounts receivable
turnover ratios.
Students will:
Learn about merchandise inventory and
uncollectible accounts through guided practice, on
own activities and an assessment.
RH.11-12.4, RI.11-12.3,
RI.11-12.4, RST.11-12.3,
RST.11-12.4, RST.11-12.7,
RST.11-12.9, L.11-12.6,
SL.11-12.1, N-Q.3, CA1,
MA1, MA3, 1.5, 1.7, 1.8
RI.11-12.3, RI.11-12.4,
RI.11-12.7, RST.11-12.4,
RH.11-12.4, RT.11-12.7,
RT.11-12.8, RT.11-12.9,
L.11-12.6, N-Q.1, A-CED.1,
CA1, MA1
RST.11-12.4, RI.11-12.4,
L.11-12.6, RH.11-12.4, ASSE.9-12.1a, N-Q.9-12.1, ACED.9-12.1, A-CED.9-12.4,
RI.11-12.7, CA1, MA1, 1.5,
1.7, 1.8
3
4