ACC 110 DL
Introduction to Accounting-Bookkeeping
Course Syllabus
Course Description:
Welcome to Introduction to Accounting-Bookkeeping. I trust your study of
accounting-bookkeeping in this online form will be a fulfilling and rewarding
experience. To succeed in this online course, you should be computer literate,
motivated, self-directed, and willing to work independently. I will be available for
discussion by email and will strive to respond promptly to your questions and
concerns. I am also available to meet with you personally at your convenience.
Though this is an online course, you will find that there will be a great deal of
electronic communication with your classmates and with me. I am sure that you will
find that student-to-student learning is a very effective way to learn accountingbookkeeping.
This fully online course is the study of introductory accounting and bookkeeping
which develops the accounting cycle for the sole proprietor, covering both service
and merchandising types of businesses, special journals, and payroll. The class
website is located at:
http:// …
Instructor:
Lauren Psomostithis
Office Hours:
Email:
Office TBD
By Appointment
Use the class communications link at the class website
Instructional Materials:
Price/Haddock/Brock, College Accounting, 11th Edition – Online Version
recommended! If you choose to purchase a regular textbook, you will need to
purchase access to the homework manager plus via the book’s website:
http://www.mhhe.com/price11e
Chapter lecture notes, sample problems with solutions, group activities, and links to
class resources are available on the class website. Many student self-help
instructional aids are also available through the text website.
Class Format:
This is an online course which includes individual and group assignments, quizzes,
participation in an online discussion room, a practice set, and mid-term and final
examinations all completed through the use of email and/or online conferencing.
Course Objectives:
The student will be expected to achieve the following:
1. Identify and apply the concepts, conventions, and generally accepted accounting
principles which underlie financial accounting and reporting.
2. Learn basic bookkeeping procedures as applied to a sole proprietor type of
business.
3. Understand and be able to perform the necessary steps in preparing payroll for
a business.
4. Understand and be able to prepare financial statements for a business.
5. Work and communicate effectively in groups.
Class Schedule
Week one
Due …
Topics
Chapter 1 – Accounting, the
Language of Business
Chapter 2 – Analyzing
Business Transactions
Week two
Due …
Chapter 3 – Using T Accounts
Chapter 4 – The General
Journal and General Ledger
Week three
Due …
Chapter 5 – Adjustments and
the Worksheet
Preparation and Assignments
Read chapter 1 and lecture notes
Read chapter 2 and lecture notes
Complete self reviews ch. 1 & 2
View sample problems
Group activities - two postings
required on discussion board
Homework – see HM+
Read chapter 3 and lecture notes
Read chapter 4 and lecture notes
Complete self reviews ch. 3 & 4
View sample problems
Group activities – two postings
required on discussion board
Homework – see HM+
Quiz – chapters 3 & 4
Read chapter 5 and lecture notes
Complete self reviews ch. 5
View sample problem
Week four
Due …
Chapter 6 – Closing Entries
and the Postclosing Trial
Balance
Week five
Due …
Week six
Due …
Mid-term examination
Week seven
Due …
Chapter 9 – Cash Receipts,
Cash Payments, and Banking
Procedures
Week eight
Due …
Chapter 12 – Accruals,
Deferrals, and Worksheets
Week nine
Due …
Chapter 13 – Financial
Statements and Closing
Procedures
Chapter 7 – Accounting for
Sales and Accounts
Receivable
Chapter 8 – Accounting for
Purchases and Accounts
Payable
Group activities – two postings
Homework – see HM+
Quiz – ch. 5
Read chapter 6 and lecture notes
Complete self reviews ch. 6
View sample problem
Group activities – two postings
Homework – see HM+
Quiz – ch. 6
Mid-term covers ch. 1-6, will be
emailed to you
Read chapter 7 and lecture notes
Read chapter 8 and lecture notes
Complete self reviews ch. 7 & 8
View sample problems
Group activities – two postings
required on discussion board
Homework – see HM+
Quiz – chapters 7 & 8
Start practice set
Read chapter 9 and lecture notes
Complete self reviews ch. 9
View sample problem
Group activities – two postings
Homework – see HM+
Quiz – ch. 9
Continue working on practice set
Read chapter 12 and lecture notes
Complete self reviews ch. 12
View sample problem
Group activities – two postings
Homework – see HM+
Quiz – ch. 12
Continue working on practice set
Read chapter 13 and lecture notes
Complete self reviews ch. 13
View sample problem
Group activities – two postings
Week ten
Due …
Chapter 10 – Payroll
Computations, Records, and
Payment
Chapter 11 – Payroll Taxes,
Deposits, and Reports
Week eleven
Due …
Final Examination
Practice Set
Homework – see HM+
Quiz – ch. 13
Continue working on practice set
Read chapter 10 and lecture notes
Read chapter 11 and lecture notes
Complete self reviews ch. 10 & 11
View sample problems
Group activities – two postings
required on discussion board
Homework – see HM+
Quiz – chapters 10 & 11
Continue working on practice set
A comprehensive final examination
will be emailed to you.
The practice set is due.
Homework is due by 9PM on Sunday. For example, Week One homework is due by
9PM on …. If you get stuck on a problem click on the “hint” button and you will be
taken to the page in the e-book that explains the objective. I also encourage you
to work together via the discussion room in completing all homework assignments
and the practice set (although you must each submit these individually for grading).
The group assignments require two postings to the discussion board each week.
Each week you must pick two of the group activities to work on and post one of
your answers to the discussion board by Thursday at 9PM of that week.
Additionally, you must respond to one of your classmates postings by Sunday at
9PM (preferably one which you have a different answer to, if all of your answers
agree – go ahead and post that you got the same answer and why). You must email
the two problems you selected to me by 9PM Sunday.
All homework and group assignments receive full credit so long as a good faith
effort is made to complete the work. The practice set is graded upon accuracy and
completeness – this is a course requirement and must be completed! Late
homework receives no credit.
Quizzes are timed – you will have 30 minutes to complete each quiz. The quizzes
consist of 10 multiple choice and true/false questions.
Academic Collaboration and Integrity
I encourage you to collaborate with fellow students in completing all assignments.
Use the discussion room to post your questions, collaborate on group assignments,
and discuss potential solutions to the problems.
Although I encourage collaboration on assignments and the practice set, the
quizzes, midterm, and final are to be completed by you alone. Cheating and/or
plagiarism on these tests will not be tolerated and could result in a failing grade
for the course.
I’ll be posting additional information relating to the course in the discussion room
available to students registered in the course. Again, welcome to Introduction to
Accounting-Bookkeeping.
Credit and Grading
All work will be weighted as follows:
Homework and group activities
Quizzes (8@10 points each)
Practice Set
Mid-term
Final
Total possible points
120
80
100
150
150
600
The final grade will be converted to a decimal grade which corresponds to the
following:
4.0-3.9 A 100-94
2.1-1.9 C 76-74
3.8-3.5 A- 93-90
1.8-1.5 C- 73-70
3.4-3.2 B+ 89-87
1.4-1.2 D+ 69-67
3.1-2.9 B 86-84
1.1-0.9 D 66-64
2.8-2.5 B- 83-80
0.8-0.7 D- 63-60
2.4-2.2 C+ 79-77
0.0
F 59-0