Accounting I
Clinton-Graceville-Beardsley Schools
Course Syllabus
Instructor:
Work Phone:
Extra Help Hours:
Ms. Stueve
320 748-7233 extension 114
7:45-8:15 AM by appointment
3:30-3:45 PM by appointment
TEXT & WORKBOOK
Classroom:
E-mail:
Credit:
Hours:
234
djstueve@graceville.k12.mn.us
.5 Semester credit
85 per semester
Gilbertson, Lehman (2009), Century 21 Accounting – 9th Edition, South-Western
Cengage Learning
Aplia Century 21 Accounting Multicolumn Journal Online Working Papers
BUSINESS EDUCATION DEPARTMENT RULES:
REQUIRED MATERIALS:
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* Accounting Book and Workbook
* Aplia Online Access Card
* Pencil and Eraser Ruler/Straight Edge
* Calculator
Respect
Responsibility
Courtesy
Discipline procedures will be followed in accordance with
the CGB Student Handbook
COURSE DESCRIPTION
The Clinton-Graceville-Beardsley Accounting I program serves an important function. It provides students
with a valuable tool for a variety of career and personal objectives. This introductory course will provide the
students with an understanding of the basic accounting principles to be used in related business fields, as
vocational preparations, for continued study, or in personal financial activities. This course covers the basic
accounting cycle for service and merchandising businesses. Topics include the analysis of business
transactions, recording transactions in a variety of journals, and the preparation of financial reports. Students
begin this one-year course with the basic accounting cycle and proceed to more complex activities.
ARTICULATION AGREEMENTS:
This course along with Accounting II is accredited for Tech Prep credit with course ACCT1012 Principles of
Bookkeeping (3 credits) at the Minnesota State Community and Technical College System (Detroit Lakes,
Fergus Falls, Moorhead, and Wadena), and with course ACCT1100 Principles of Bookkeeping (3 credits) at
Northwest Technical College – Bemidji, and Northland Community and Technical College.
This course is accredited for Tech Prep credit with course ACCT1501 Accounting for Business (2 credits) at
Alexandria Technical College and with course SAMG1250 (3 credits) at Saint Cloud Technical College.
Students meeting all the requirements within the course syllabus with an 85 percent or better may receive tech prep
credit at these colleges.
PREREQUISITES
None
1
Stueve – September 2008
Accounting I
Clinton-Graceville-Beardsley Schools
Course Syllabus
Instructor:
Work Phone:
Extra Help Hours:
Ms. Stueve
320 748-7233 extension 114
7:45-8:15 AM by appointment
3:30-3:45 PM by appointment
Classroom:
E-mail:
Credit:
Hours:
234
djstueve@graceville.k12.mn.us
.5 Semester credit
85 per semester
COURSE FOCUS
Emphasis in this course will be on learning and using bookkeeping basics. Areas of emphasis will include
internal control, voucher system, accounts, and financial information.
COURSE GOALS*
The following list of course goals will be addressed in the course. These goals are directly related to the
performance objectives.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
22.
23.
24.
25.
26.
27.
28.
29.
Display effective work habits
Name accounting process functions
Compare three business entity types
Identify financial information users
Define generally accepted accounting principles
Identify accounting major areas
Record business transaction financial effects
Use accounting equation
Analyze business transactions
Prepare income statement
Prepare statement of owner’s equity
Prepare balance sheet
Analyze financial statements’ relationship
Use T accounts
Apply debit/credit entry rule
Develop/set up simple chart of accounts
Journalize transactions
Post journal entries
Correct journal/ledger errors
Prepare trial balance
Use ten-column worksheet
Enter adjustments
Complete worksheet
Journalize/post adjusting entries
Journalize/post closing entries
Prepare post closing trial balance
Journalize/post credit sales
Set up accounts receivable subsidiary ledger
Post to accounts receivable subsidiary ledger
2
Stueve – September 2008
Accounting I
Clinton-Graceville-Beardsley Schools
Course Syllabus
Instructor:
Work Phone:
Extra Help Hours:
Ms. Stueve
320 748-7233 extension 114
7:45-8:15 AM by appointment
3:30-3:45 PM by appointment
Classroom:
E-mail:
Credit:
Hours:
234
djstueve@graceville.k12.mn.us
.5 Semester credit
85 per semester
COURSE GOALS (continued)
30.
31.
32.
33.
34.
35.
36.
37.
38.
Journalize/post sales returns and allowances
Compute trade discounts
Journalize/post freight in/out
Journalize/post purchases journal
Set up accounts payable subsidiary ledger
Post to accounts payable subsidiary ledger
Journalize/post purchases returns and allowances
Compute/record sales tax returns
Prepare state sales tax returns
3
Stueve – September 2008
Accounting I
Clinton-Graceville-Beardsley Schools
Course Syllabus
Instructor:
Work Phone:
Extra Help Hours:
Ms. Stueve
320 748-7233 extension 114
7:45-8:15 AM by appointment
3:30-3:45 PM by appointment
Classroom:
E-mail:
Credit:
Hours:
234
djstueve@graceville.k12.mn.us
.5 Semester credit
85 per semester
CURRICULUM MAPPING: SEMESTER OUTLINE
Week 1-2
Chapter 1: Starting a Proprietorship
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Week 3-4
Lesson 1-1 The Accounting Equation
Work Together and On Your Own
Application
Lesson 1-2 How Business Activities Change the Accounting Equation
Work Together and On Your Own
Application
Lesson 1-3 How Transactions Change Owner’s Equity in an Accounting Equation
Work Together and On Your Own
Application
Mastery 1-4
Challenge 1-5
Chapter 1 Test
Chapter 2: Analyzing Transactions into Debit and Credit Parts
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Lesson 2-1 Using T-Accounts
Work Together and On Your Own
Application
Lesson 2-2 Analyzing How Transactions Affect Accounts
Work Together and On Your Own
Application
Lesson 2-3 Analyzing How Transactions Affect Owner’s Equity
Work Together and On Your Own
Application
Application 2-4
Mastery 2-5
Challenge 2-6
Chapter 2 Test
4
Stueve – September 2008
Accounting I
Clinton-Graceville-Beardsley Schools
Course Syllabus
Instructor:
Work Phone:
Extra Help Hours:
Week 5-6
Ms. Stueve
320 748-7233 extension 114
7:45-8:15 AM by appointment
3:30-3:45 PM by appointment
234
djstueve@graceville.k12.mn.us
.5 Semester credit
85 per semester
Chapter 3: Journalizing Transactions
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Week 7-8
Classroom:
E-mail:
Credit:
Hours:
Lesson 3-1 Journals, Source Documents, and Recording Entries in a Journal
Work Together and On Your Own
Application
Lesson 3-2 Journalizing Buying Insurance, Buying on Account, and Paying on
Account
Work Together and On Your Own
Application
Lesson 3-3 Journalizing Transactions that Affect Owner’s Equity and Receiving Cash
on Account
Work Together and On Your Own
Application
Lesson 3-4 Proving and Ruling a Journal
Work Together and On Your Own
Application 3-5
Mastery Problem 3-6
Challenge Problem 3-7
Chapter 3 Using Source Documents
Chapter 3 Test
Chapter 4: Posting to a General Ledger
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Lesson 4-1 Preparing a Chart of Accounts
Work Together and On Your Own
Application
Lesson 4-2 Posting Separate Amounts form a Journal to a General Ledger
Work Together and On Your Own
Application
Lesson 4-3 Posting Column Totals form a Journal to a General Ledger
Work Together and On Your Own
Application
Lesson 4-4 Completed Accounting Forms and Making Correcting Entries
Work Together and On Your Own
Application
Mastery 4-5
Challenge 4-6
Chapter 4 Using Source Documents
Chapter 4 Test
5
Stueve – September 2008
Accounting I
Clinton-Graceville-Beardsley Schools
Course Syllabus
Instructor:
Work Phone:
Extra Help Hours:
Week 9-11
Ms. Stueve
320 748-7233 extension 114
7:45-8:15 AM by appointment
3:30-3:45 PM by appointment
234
djstueve@graceville.k12.mn.us
.5 Semester credit
85 per semester
Chapter 5: Cash Control Systems
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Week 12-13
Classroom:
E-mail:
Credit:
Hours:
Lesson 5-1 Checking Accounts
Work Together and On Your Own
Application
Lesson 5-2 Bank Reconciliation
Work Together and On Your Own
Application
Lesson 5-3 Dishonored Checks and Electronic Banking
Work Together and On Your Own
Application
Lesson 5-4 Petty Cash
Work Together and On Your Own
Application
Mastery 5-5
Challenge 5-6
Chapter 5 – Reinforcement Activity 1A
Chapter 5 Test
Chapter 6: Work Sheet for a Service Business
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Lesson 6-1 Creating a Work Sheet
Work Together and On Your Own
Application
Lesson 6-2 Planning Adjusting Entries on a Work Sheet
Work Together and On Your Own
Application
Lesson 6-3 Extending Financial Statement Information on a Work Sheet
Work Together and On Your Own
Application
Lesson 6-4 Finding and Correcting Errors on the Work Sheet
Work Together and On Your Own
Application
Mastery 6-5
Challenge 6-6
Chapter 6 Test
6
Stueve – September 2008
Accounting I
Clinton-Graceville-Beardsley Schools
Course Syllabus
Instructor:
Work Phone:
Extra Help Hours:
Week 14-15
Ms. Stueve
320 748-7233 extension 114
7:45-8:15 AM by appointment
3:30-3:45 PM by appointment
234
djstueve@graceville.k12.mn.us
.5 Semester credit
85 per semester
Chapter 7: Financial Statements for a Proprietorship
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Week 16-17
Classroom:
E-mail:
Credit:
Hours:
Lesson 7-1 Preparing an Income Statement
Work Together and On Your Own
Application
Lesson 7-2 Balance Sheet Information on a Work Sheet
Work Together and On Your Own
Application
Mastery 7-3
Challenge 7-4
Chapter 7 Test
Chapter 8: Recording Adjusting and Closing Entries for a Service Busn
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Lesson 8-1 Recording Adjusting Entries
Work Together and On Your Own
Application
Lesson 8-2 Recording Closing Entries
Work Together and On Your Own
Application
Lesson 8-3 Preparing a Post-Closing Trial Balance
Work Together and On Your Own
Application
Mastery 8-4
Challenge 8-5
Chapter 8– Reinforcement Activity 1B
Chapter 8 Test
7
Stueve – September 2008
Accounting I
Clinton-Graceville-Beardsley Schools
Course Syllabus
Instructor:
Work Phone:
Extra Help Hours:
Ms. Stueve
320 748-7233 extension 114
7:45-8:15 AM by appointment
3:30-3:45 PM by appointment
Classroom:
E-mail:
Credit:
Hours:
234
djstueve@graceville.k12.mn.us
.5 Semester credit
85 per semester
GRADING POLICY
Each Application, simulation or test is given a point value. Points earned are added up and divided by total
points possible for a percentage. Students may earn “extra credit” points to improve grade provided their
regularly assigned work is complete. An unexcused absence qualifies as a zero for the day and no make-up
work or exams will be allowed. An excused absence qualifies for full make-up within two days or the absence.
All make-up work/late work will be completed before the next exam of no credit will be given. Late work will
be strictly penalized at the discretion of the instructor. It is the student’s responsibility to obtain and complete
all make-up work in the allotted time.
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Daily Applications and Quizzes
Problem and Objective Tests
Reinforcement Activities
Class Participation
Final Grades will be based on:
A
AB+
B
BC+
C
CD+
D
DF
=
=
=
=
=
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=
=
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97-100%
94-96%
91-93%
88-90%
85-87%
82-84%
78-81%
75-77%
73-74%
71-72%
70
Below 70
8
Stueve – September 2008