Loeffelholz: Accounting 030300
2014-2015
Accounting
Concepts
Objectives
Starting
a
Define
accounting
terms
related
to starting a service business organized as
Service
Proprietorship
a
proprietorship
by
completing
various
L2J activities.
Business
Analyzing Transactions
into Debit/Credit Parts
Understand and analyze changes that affect the accounting equation by
manipulating the SMART Board activities.
BE: 12.1.1
Journalizing
Transactions
Journalize transactions and post to the General Ledger by working with
workbook forms.
BE: 12.1.2
Posting to a General
Ledger
Manage cash control systems by understanding, reconciling, and
journalizing a checking account and petty cash account
BE: 12.1.2
Reinforcement
Activity 1 Part A
Learners will complete a reinforcement problem of first half of the
accounting cycle.
Managing Cash Control
Systems
Creating a Work Sheet
for a Service Business
Creating Financial
Statements for a
Proprietorship
Recording
Adjusting/Closing
Entries for a Service
Business
Reinforcement
Activity 2 Part A
Corporation
Standards
Merchandising
Business
Create a work sheet by completing the trial balance, adjustment, income
statement and balance sheet columns of the document. Plan for adjustments
by using the adjustment equation. Identify selected procedures for finding
and correcting errors by balancing the accounting records.
BE: 12.2.1
Prepare an income statement and a balance sheet and analyze each by
figuring component percentages and balancing the accounting equation.
BE: 12.1.3
Record adjusting and closing entries by journalizing and posting such
entries. Develop a post-closing trial balance to verify that debits equal
credits.
BE: 12.1.3
Explore careers in accounting by completing a careers search and sharing
results using the Glogster program.
BE: 12.5.1,
12.5.2, 12.5.3
Learners will complete a reinforcement problem of second half of the
accounting cycle.
Define accounting terms related to accounting for a merchandising business
organized as a corporation by completing various L2J activities.
Understand and analyze changes that affect the accounting equation by
manipulating the SMART Board activities.
Journalizing Purchases
and Cash Payments for
a Merchandising
Business organized as a
Corporation.
Journalize purchases of merchandise, cash payments and discounts, by
using a purchases journal
BE: 12.2.3
Journalizing Sales and
Cash Receipts Using
Special Journals
Prepare a petty cash report and journalize the reimbursement
BE: 12.3.1
Posting to General and
Subsidiary Ledgers
Total, prove, and rule a cash payments journal and start a new journal page
BE: 12.3.1
Preparing Payroll
Records
Journalized purchases returns and allowances, sales on account, cash
receipts, sales returns and allowances by using corresponding journals.
BE: 12.2.1
Payroll Accounting,
Post items from a purchases, cash payments, general journal, sales, cash
BE: 12.4.1
Loeffelholz: Accounting 030300
Inventory
2014-2015
Taxes, and Reports
receipts, special journal, correcting entries, to the corresponding ledgers.
Reinforcement
Activity 2 Part A
Learners will complete a reinforcement problem for first half of the
accounting cycle for a corporation.
Distributing Dividends
and Preparing a Work
sheet for a
Complete, record, and prepare records associated with payroll.
BE: 12.2.3
Merchandising
Business
Complete a worksheet for a merchandising business by journalizing the
declaration and payment of a dividend, by planning work sheet
adjustments.
BE: 12.4.2
Financial Statements
for a Corporation
Prepare an income statement, stockholder’s equity statement, and a balance
sheet for a merchandising business organized as a corporation.
BE: 12.2.3
Recording Adjusting
and Closing Entries for
a Corporation
Record adjusting and closing entries by journalizing and posting such
entries. Develop a post-closing trial balance to verify that debits equal
credits.
BE: 12.1.3
Reinforcement
Activity 2 Part B
Learners will complete a reinforcement problem for second half of the
accounting cycle for a corporation.
Accounting for
Uncollectible Accounts
Receivable
Calculate, journalize, and post estimated uncollectible accounts expense.
Accounting for Plant
Assets and Depreciation
Record buying of plant assets, calculate and journalize depreciation
expense, figure book value, prepare plant asset records and record disposal
of plant assets.
BE: 12.2.1
Prepare a stock record.
BE: 12.4.1
Accounting for
Inventory
Determine the cost of merchandise inventory using fifo, lifo, and weightedaverage inventory.
BE: 12.4.1
L2J Vocabulary
Learners will understand vocabulary related to accounting by
matching L2J words and definitions.
Journalize and post entries related to writing off and collecting
uncollectible accounts receivable
Advanced
Accounting
BE: 12.2.1
BE: 12.2.1