BUSINESS ADMINISTRATION AND
INFORMATION TECHNOLOGY
ACCOUNTING SERVICES CURRICULUM
COURSE: Accounting II
FUNDAMENTALS
OF
ACCOUNTING
Course 2
NAME: ____________________________
DATE COURSE STARTED: __________________
DATE COURSE COMPLETED: __________________
INSTRUCTOR'S SIGNATURE:
_________________________________________________
ATTENTION: This packet serves as an overall directive for the above course. It includes
information on everything you need to do to successfully complete the course. Please read
everything in it and complete all assignments. If you have any questions, please do not hesitate
to consult the classroom manager or your instructor.
LAP
page 1
Accounting II
Business, Management, & Administration Cluster
Accounting II Syllabus
Course Title:
Accounting II
Course Number:
8108
Pre-requisite:
Accounting I
Length:
1 Carnegie Unit
(55 class periods theory/120 class periods lab)
Possible Career Outcome: Billing Clerk, Accounts Receivable Clerk, Payroll Accounting Clerk, Accounts Payable
Clerk, Full Charge Bookkeeper, Financial & Investment Planning, Financial Assistant
Course Description: This course will provide students with a strong foundation in advanced accounting principles
and techniques needed for success in careers in accounting or other business related fields.
Specific Learning Competencies - Upon successful completion of this course, the student will be able to:
1.
2.
3.
4.
5.
6.
Perform accounting for promissory notes
Perform accounting for valuation of receivables, inventory and plant and equipment
Perform accounting for partnerships and corporations
Perform accounting for decision making and manufacturing
Understand ethics in accounting
Perform math computations utilizing a 10-key calculator
Instruction: (Based on 175 class periods)
55 class periods Theory
120 class periods Lab/Certification Preparation and Attainment
Methods of Instruction include:
Self-guided reading and hands-on applications.
Required Certifications:
ODCTE: Full Charge Bookkeeper or
Brainbench: Bookkeeping Fundamentals
REQUIRED TEXT, REFERENCES, AND MATERIALS
Texts:
Fundamentals of Accounting Course I, Gilbertson, Lehman, Ross,
Thomson Learning, ISBN #0-538-72808-6 (Chapters 14-16 only)
Zenith Global Imports Simulation packet.
Fundamentals of Accounting Course II, Gilbertson, Lehman, Ross,
Thomson Learning, ISBN #0-538-72816-7, with Working Papers
Tronics, Inc. Automated Accounting Simulation, Thomson Learning,
ISBN #0-538-97291-2
Materials:
Automated Accounting 8 software
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Accounting II
Evaluation
Performance Objective: The student will demonstrate competency in desktop publishing and graphic design by
correctly completing the assignments listed in the LAP and scoring 85% or above on all exams and projects.
The student will be evaluated on the completion of each stated assignment in the LAP. Test and project grades will
be recorded and combined with other scores for the grading period. These grades are weighted at 70% of student's
final grade for each nine-week period. (See Program Handbook)
NOTE: The student must score 85% or above on each test and project to proceed to the next section of the course.
Take time to browse the
Student CD in the back
of your textbook.
Career Preparation: Information concerning business success, resumes, student
portfolios, and other workplace documents.
Content Connections: Information concerning automated accounting software,
math worksheets, accounting terms and definitions, objectives, Flash Cards,
Crossword Puzzles, Excel templates for use in some textbook exercises.
Toolbox: Calculator Drills, PowerPoint presentation on exploring accounting
software, Finding & Correcting errors in accounting, Time Management activities,
Interactive Excel spreadsheets for selected textbook exercises.
Web Links: Accounting web site links.
Winning Edge: Practice tests for BPA competitive events.
XTRA!: A web site with educational games for each chapter from the textbook,
practice quizzes, Internet activities, and accounting news.
LAP
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Accounting II
LEARNING ACTIVITY PACKET
Fundamentals of Accounting Course II
Fundamentals of Accounting, Course 1 (textbook)
CHAPTER 14: Distributing Dividends and Preparing
A Work Sheet for a Merchandising Business
_____ 1.
READ Chapter 14, pp. 402 - 437, in textbook and complete the following exercises
as you come to them. (Use the Working Papers to complete these exercises.)
___Audit Your Understanding, p. 408
___Work Together 14-1
___On Your Own, 14-1
___Audit Your Understanding, p. 414
___ Work Together, 14-2
___On Your Own, 14-2
___Audit Your Understanding, p. 418
___Work Together, 14-3
___On Your Own, 14-3
___Audit Your Understanding, p. 422
___Work Together, 14-4
___On Your Own, 14-4
___Audit Your Understanding, p. 426
___Work Together, 14-5
___On Your Own, 14-5
___Audit Your Understanding, p. 436
___Work Together, 14-6
___On Your Own, 14-6
___Study Guide 14, Working Papers, p. 365-368.
_____ 2.
CHECK your answers with the KEY provided in the Reference Library of the
classroom.
_____ 3.
Application Problem 14-1, p. 438. Use form in Working Papers.
_____ 4.
Application Problem 14-2, p. 438. Use form in Working Papers.
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Accounting II
_____ 5.
Application Problem 14-3, p. 438. Use form in Working Papers.
_____ 6.
Application Problem 14-4, p. 439. Use form in Working Papers.
_____ 7.
Application Problem 14-5, p. 439. Use form in Working Papers.
_____ 8.
Application Problem 14-6, p. 439. Use form in Working Papers.
_____ 9.
Mastery Problem 14-7, p. 440. Use form in Working Papers.
PLEASE NOTE: -----------------------------------------------------------------------------------------EXCEPT AS NOTED IN THIS LAP, the Challenge problems, as well as the Enrichment
activities, are optional for each chapter in this textbook. However, some of the Challenge
problems are assigned in each chapter, so please follow the LAP instructions carefully. If you
feel you need additional practice in any chapter, you are encouraged to complete any or all of
these exercises.
If you feel you still need additional practice for a chapter, Recycling Problems are
provided in Appendix E of the textbook.
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_____ 10. CHECK your answers with the KEY.
_____ 11. READ p. 443: Automated Accounting "Understanding Graphs."
_____ 12. REQUEST and TAKE Chapter 14 Test. If your score is 85% or above, continue to
Chapter 15. If your score is below 85%, review Chapter 14 to strengthen your skills
before retaking Chapter 14 Test. If necessary, consult with the Instructor of this
course.
CHAPTER 15: Financial Statements for a Corporation
_____ 1.
READ Chapter 15, pp. 444 - 472, in textbook and complete the following exercises
as you come to them. (Use the Working Papers to complete these exercises.)
___Audit Your Understanding, p. 454
___Work Together 15-1
___On Your Own, 15-1
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Accounting II
___Audit Your Understanding, p. 460
___ Work Together, 15-2
___On Your Own, 15-2
___Audit Your Understanding, p. 463
___Work Together, 15-3
___On Your Own, 15-3
___Audit Your Understanding, p. 471
___Work Together, 15-4
___On Your Own, 15-4
___Study Guide 15, Working Papers, p. 393-396.
_____ 2.
CHECK your answers with the KEY provided in the Reference Library of the
classroom.
_____ 3.
Application Problem 15-1, p. 473. Use form in Working Papers.
_____ 4.
Application Problem 15-2, p. 473. Use form in Working Papers.
_____ 5.
Application Problem 15-3, p. 473. Use form in Working Papers.
_____ 6.
Application Problem 15-4, p. 474. Use form in Working Papers.
_____ 7.
Mastery Problem 15-5, p. 474. Use form in Working Papers.
_____ 8.
CHECK your answers with the KEY.
_____ 9.
READ p. 477: Automated Accounting "Generating Automated Financial
Statements."
_____ 10. REQUEST and TAKE Chapter 15 Test. If your score is 85% or above, continue to
Chapter 16. If your score is below 85%, review Chapter 15 to strengthen your skills
before retaking Chapter 15 Test. If necessary, consult with the Instructor of this
course.
CHAPTER 16: Recording Adjusting and Closing
Entries for a Corporation
_____ 1.
LAP
READ Chapter 16, pp. 478 - 499, in textbook and complete the following exercises
as you come to them. (Use the Working Papers to complete these exercises.)
page 6
Accounting II
___Audit Your Understanding, p. 486
___Work Together 16-1
___On Your Own, 16-1
___Audit Your Understanding, p. 493
___ Work Together, 16-2
___On Your Own, 16-2
___Audit Your Understanding, p. 498
___Work Together, 16-3
___On Your Own, 16-3
___Study Guide 16, Working Papers, p. 421-423.
_____ 2.
CHECK your answers with the KEY provided in the Reference Library of the
classroom.
_____ 3.
Application Problem 16-1, p. 500. Use form in Working Papers.
_____ 4.
Application Problem 16-2, p. 500. Use form in Working Papers.
_____ 5.
Application Problem 16-3, p. 500. Use form in Working Papers.
_____ 6.
READ p. 506: Automated Accounting "End-of-Fiscal-Period Work for a
Corporation."
_____ 7.
Application Problem 16-4, p. 500. Use form in Working Papers.
_____ 8.
Mastery Problem 16-5, p. 502. Use form in Working Papers.
_____ 9.
CHECK your answers with the KEY.
_____ 10. Complete Reinforcement Activity 2—Part B: “An Accounting Cycle for a
Corporation: End-of-Fiscal-Period Work.” The forms for this exercise are provided
in your Working Papers. Check your answers with the KEY provided.
_____ 11. REQUEST and TAKE Chapter 16 Test. If your score is 85% or above, continue to
Zenith Global Imports simulation. If your score is below 85%, review Chapter 16 to
strengthen your skills before retaking Chapter 16 Test. If necessary, consult with the
Instructor of this course.
ZENITH GLOBAL IMPORTS Simulation
Please see your Instructor about obtaining this simulation.
Note: This simulation is a consumable textbook. You may write in the instruction booklet and
LAP
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Accounting II
tear out source documents in the booklet. You do not have to return this simulation to your
Instructor.
You will use the Automated Accounting Version 8 software to complete this simulation.
_____ 1.
READ the Introduction to Zenith Global Imports beginning on page 1 of the
Computer and Source Documents Instruction Booklet.
_____ 2.
Complete the transactions for December 1-10 using the Automated Accounting
software.
_____ 3.
Print/complete the following reports and turn them into your Instructor. This will be
recorded as a performance test grade. If your score is 85% or above, make any
needed revisions and continue to the next step. If your score is below 85%, talk to
your Instructor about strengthening your skills before re-entering the transactions for
these dates.
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____ 4.
_____
5.
Complete the transactions for December 12-17 using the Automated Accounting
software.
Print/complete the following reports and turn them into your Instructor. This will be
recorded as a performance test grade. If your score is 85% or above, make any
needed revisions and continue to the next step. If your score is below 85%, talk to
your Instructor about strengthening your skills before re-entering the transactions for
these dates.
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LAP
Audit Report (p. 19 of booklet)
Bank Reconciliation
General Journal
Purchases Journal
Cash Payments Journal
Sales Journal
Cash Receipts Journal
General Ledger (Accounts Payable)
Schedule of Accounts Payable
General Ledger (Accounts Receivable)
Schedule of Accounts Receivable
Audit Report (p. 21 of booklet)
General Journal
Purchases Journal
Cash Payments Journal
Sales Journal
Cash Receipts Journal
General Ledger (Accounts Payable)
page 8
Accounting II
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Schedule of Accounts Payable
General Ledger (Accounts Receivable)
Schedule of Accounts Receivable
_____ 6.
Complete the transactions for December 19-31 using the Automated Accounting
software.
_____ 7.
Print/complete the following reports and turn them into your Instructor. This will be
recorded as a performance test grade. If your score is 85% or above, make any
needed revisions and continue to the next step. If your score is below 85%, talk to
your Instructor about strengthening your skills before re-entering the transactions for
these dates.
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Audit Report (p. 23 of booklet)
General Journal
Purchases Journal
Cash Payments Journal
Sales Journal
Cash Receipts Journal
General Ledger (Accounts Payable)
Schedule of Accounts Payable
General Ledger (Accounts Receivable)
Schedule of Accounts Receivable
_____ 8.
Complete the December 31 End-of-Fiscal-Period Work using the Automated
Accounting software.
_____ 9.
Print/complete the following reports and turn them into your Instructor. This will be
recorded as a performance test grade. If your score is 85% or above, make any
needed revisions and continue to the next step. If your score is below 85%, talk to
your Instructor about strengthening your skills before re-entering the transactions for
these dates.
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LAP
Audit Report (p. 25 of booklet)
General Journal
Income Statement
Retained Earnings Statement
Balance Sheet
Trial Balance
10. If you have satisfactorily completed all Audit Reports/Printouts with an 85% or
better score, continue to the Creating the Band Accounting Simulation.
page 9
Accounting II
PART 3: ACCOUNTING FOR A MERCHANDISING BUSINESS
ORGANIZED AS A CORPORATION—ADJUSTMENTS AND VALUATION
Fundamentals of Accounting, Course II
CHAPTER 17: Accounting for Uncollectible Accounts Receivable
DO NOT WRITE in your textbook. You will return the textbook to the Instructor upon
completion of this course. However, you may write in the Working Papers. It is yours to keep
and need not be returned.
SOFTWARE NOTE: At this point in your courses, you have learned how to use the Automated
Accounting v. 8, Quickbooks, and Peachtree software programs to complete accounting work.
Beginning with Ch. 17, you may select which one of these software programs to use to complete
the computerized exercises, or you may complete them in several programs to compare the
difference and gain more experience. Exercises that are to be completed using accounting
software are indicated by a green highlight.
_____ 1.
READ Chapter 17, pp. 512-525, in the textbook and complete the following
exercises as you come to them. (Use the Working Papers to complete these
exercises.)
___Audit Your Understanding, p. 518
(Answers to all "Audit Your Understanding" questions are in Appendix F.)
___Work Together 17-1, p. 518 – the form for this exercise is in your Working
Papers.
___On Your Own, 17-1, p. 518 – the form for this exercise is in your Working
Papers.
___Audit Your Understanding, p. 524
___Work Together, 17-2, p. 524
___On Your Own, 17-2, p. 524
___Study Guide 17, Working Papers, p. 1-3.
_____ 2.
CHECK your answers with the KEY provided in the Reference Library of the
classroom.
_____ 3.
_____ 4.
Application Problem 17-1, p. 526. Use forms in Working Papers.
READ p. 531: Automated Accounting and Uncollectible Accounts.
_____ 5.
Application Problem 17-2, p. 526. Use forms in Working Papers.
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Accounting II
_____ 6.
Application Problem 17-3, p. 526. Use forms in Working Papers.
_____ 7.
Mastery Problem 17-4, p. 527. Use forms in Working Papers.
_____ 8.
CHECK your answers with the KEY.
_____ 9.
REQUEST and TAKE Chapter 17 Test. If your score is 85% or above, continue to
Chapter 18. If your score is below 85%, review Chapter 17 to strengthen your skills
before retaking Chapter 17 Test. If necessary, consult with the Instructor of this
course.
CHAPTER 18: Accounting for Plant Assets and Depreciation
_____ 1.
READ Chapter 18, pp. 532 - 555, in textbook and complete the following exercises
as you come to them. (Use the Working Papers to complete these exercises.)
___Audit Your Understanding, p. 537
___Work Together 18-1
___On Your Own, 18-1
___Audit Your Understanding, p. 541
___ Work Together, 18-2
___On Your Own, 18-2
___Audit Your Understanding, p. 545
___Work Together, 18-3
___On Your Own, 18-3
___Audit Your Understanding, p. 550
___Work Together, 18-4
___On Your Own, 18-4
___Audit Your Understanding, p. 554
___Work Together, 18-5
___On Your Own, 18-5
___Study Guide 18, Working Papers, p. 25-27.
_____ 2.
LAP
CHECK your answers with the KEY provided in the Reference Library of the
classroom.
page 11
Accounting II
_____ 3.
Application Problem 18-1, p. 556. Use form in Working Papers.
_____ 4.
READ p. 561: Automated Accounting "Automated Accounting for Depreciation."
_____ 5.
Application Problem 18-2, p. 556. Use form in Working Papers.
_____ 6.
Application Problem 18-3, p. 556. Use form in Working Papers.
_____ 7.
Application Problem 18-4, p. 556. Use form in Working Papers.
_____ 8.
Application Problem 18-5, p. 557. Use form in Working Papers.
_____ 9.
Application Problem 18-6, p. 557. Use form in Working Papers.
_____ 10. Mastery Problem 18-7, p. 557. Use form in Working Papers.
_____ 11. CHECK your answers with the KEY.
_____ 12. REQUEST and TAKE Chapter 18 Test. If your score is 85% or above, continue to
Chapter 19. If your score is below 85%, review Chapter 18 to strengthen your skills
before retaking Chapter 18 Test. If necessary, consult with the Instructor of this
course.
CHAPTER 19: Accounting for Inventory
_____ 1.
READ Chapter 19, pp. 562 - 577, in textbook and complete the following exercises
as you come to them. (Use the Working Papers to complete these exercises.)
___Audit Your Understanding, p. 568.
___Work Together 19-1
___On Your Own, 19-1
___Audit Your Understanding, p. 573
___ Work Together, 19-2
___On Your Own, 19-2
___Audit Your Understanding, p. 576
___Work Together, 19-3
___On Your Own, 19-3
___Study Guide 19, Working Papers, p. 55-58.
_____ 2.
LAP
CHECK your answers with the KEY provided in the Reference Library of the
classroom.
page 12
Accounting II
_____ 3.
Application Problem 19-1, p. 578. Use form in Working Papers.
_____ 4.
READ p. 584-585: Automated Accounting "Automated Inventory Systems."
_____ 5.
Application Problem 19-2, p. 578. Use form in Working Papers.
_____ 6.
Application Problem 19-3, p. 578. Use form in Working Papers.
_____ 7.
Mastery Problem 19-4, p. 579. Use form in Working Papers.
_____ 8.
CHECK your answers with the KEY.
_____ 9.
REQUEST and TAKE Chapter 19 Test. If your score is 85% or above, continue to
Chapter 20. If your score is below 85%, review Chapter 19 to strengthen your skills
before retaking Chapter 19 Test. If necessary, consult with the Instructor of this
course.
CHAPTER 20: Accounting for Notes and Interest
_____ 1.
READ Chapter 20, pp. 586 - 603, in textbook and complete the following exercises
as you come to them. (Use the Working Papers to complete these exercises.)
___Audit Your Understanding, p. 592
___Work Together 20-1
___On Your Own, 20-1
___Audit Your Understanding, p. 597
___ Work Together, 20-2
___On Your Own, 20-2
___Audit Your Understanding, p. 602
___Work Together, 20-3
___On Your Own, 20-3
___Study Guide 20, Working Papers, p. 73-76.
_____ 2.
CHECK your answers with the KEY provided in the Reference Library of the
classroom.
_____ 3.
READ p. 609: Automated Accounting "Calculating Notes and Interest Using
Planning Tools."
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Accounting II
_____ 4.
Application Problem 20-1, p.604. Use form in Working Papers.
_____ 5.
Application Problem 20-2, p. 604. Use form in Working Papers.
_____ 6.
Application Problem 20-3, p. 604. Use form in Working Papers.
_____ 7.
Application Problem 20-4, p. 605. Use form in Working Papers.
_____ 8.
Mastery Problem 20-5, p. 605. Use form in Working Papers.
_____ 9.
CHECK your answers with the KEY.
_____ 10. COMPLETE Reinforcement Activity 3—Part A "An Accounting Cycle for a
Corporation: Journalizing and Posting Transactions." Forms are provided in your
Working Papers. CHECK your answers with the KEY provided.
_____ 11. REQUEST and TAKE Chapter 20 Test. If your score is 85% or above, continue to
Chapter 21. If your score is below 85%, review Chapter 20 to strengthen your skills
before retaking Chapter 20 Test. If necessary, consult with the Instructor of this
course.
CHAPTER 21: Accounting for Accrued Revenue and Expenses
_____ 1.
READ Chapter 21, pp. 614 - 628, in textbook and complete the following exercises
as you come to them. (Use the Working Papers to complete these exercises.)
___Audit Your Understanding, p. 621
___Work Together 21-1
___On Your Own, 21-1
___Audit Your Understanding, p. 627
___ Work Together, 21-2
___On Your Own, 21-2
___Study Guide 21, Working Papers, p. 117-119.
_____ 2.
CHECK your answers with the KEY provided in the Reference Library of the
classroom.
_____ 3.
Application Problem 21-1, p. 629. Use form in Working Papers.
_____ 4.
Application Problem 21-2, p. 629. Use form in Working Papers.
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Accounting II
_____ 5.
Application Problem 21-3, p. 629. Use form in Working Papers.
_____ 6.
READ p. 633: Automated Accounting "Automated Adjusting, Closing, and
Reversing Entries for Accrued Revenues and Expenses."
_____ 7.
Mastery Problem 21-4, p. 630. Use form in Working Papers.
_____ 8.
CHECK your answers with the KEY.
_____ 9.
REQUEST and TAKE Chapter 21 Test. If your score is 85% or above, continue to
Chapter 22. If your score is below 85%, review Chapter 21 to strengthen your skills
before retaking Chapter 21 Test. If necessary, consult with the Instructor of this
course.
CHAPTER 22: End-of-Fiscal-Period Work for a Corporation
_____ 1.
READ Chapter 22, pp. 634 - 661, in textbook and complete the following exercises
as you come to them. (Use the Working Papers to complete these exercises.)
___Audit Your Understanding, p. 644
___Work Together 22-1
___On Your Own, 22-1
___Audit Your Understanding, p. 648
___ Work Together, 22-2
___On Your Own, 22-2
___Audit Your Understanding, p. 653
___ Work Together, 22-3
___On Your Own, 22-3
___Audit Your Understanding, p. 660
___ Work Together, 22-4
___On Your Own, 22-4
___Study Guide 22, Working Papers, p. 151-153.
_____ 2.
CHECK your answers with the KEY provided in the Reference Library of the
classroom.
_____ 3.
Application Problem 22-1, p. 662. Use form in Working Papers.
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Accounting II
_____ 4.
Application Problem 22-2, p. 662. Use form in Working Papers.
_____ 5.
Application Problem 22-3, p. 663. Use form in Working Papers.
_____ 6.
Application Problem 22-4, p. 663. Use form in Working Papers.
_____ 7.
READ p. 667: Automated Accounting "End-of-Fiscal-Period Work for a
Corporation."
_____ 8.
Mastery Problem 22-5, p. 663. Use form in Working Papers.
_____ 9.
CHECK your answers with the KEY.
_____ 10. COMPLETE Reinforcement Activity 3—Part B "An Accounting Cycle for a
Corporation: End-of-Fiscal-Period Work." Forms are provided in your
Working Papers. CHECK your answers with the KEY provided.
_____ 11. REQUEST and TAKE Chapter 22 Test. If your score is 85% or above, continue to
the next step (Tronics, Inc. Accounting Simulation). If your score is below 85%,
review Chapter 22 to strengthen your skills before retaking Chapter 22 Test. If
necessary, consult with the Instructor of this course.
TRONICS, INC. Simulation
Please see your Instructor about obtaining this simulation packet.
Note: This simulation is a consumable textbook. You may write in the instruction booklet and
tear out source documents in the booklet. You do not have to return this simulation to your
Instructor.
You will use the Automated Accounting Version 8 software to complete this simulation.
____ 1.
Read page 1-2 through “Problem Instructions” on page 2.
____ 2.
Complete the transactions for December 1-10 using the Automated Accounting
software.
___
Print the following reports for December 10 and turn them in to the Instructor with
the completed Audit Report for these dates. This will be recorded as a performance
test grade. If your score is 85% or above, make any needed revisions and continue to
the next step. If your score is below 85%, talk to your Instructor about strengthening
your skills before re-entering the transactions for these dates.
3.
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General Journal
page 16
Accounting II
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Purchases Journal
Cash Payments Journal
Sales Journal
Cash Receipts Journal
General Ledger: Accounts Payable
Schedule of Accounts Payable
General Ledger: Accounts Receivable
Schedule of Accounts Receivable
____ 4.
Complete the transactions for December 12-17.
____ 5.
Print the following reports for December 17 and turn them in to the Instructor with
the completed Audit Report for these dates. This will be recorded as a performance
test grade. If your score is 85% or above, make any needed revisions and continue to
the next step. If your score is below 85%, talk to your Instructor about strengthening
your skills before re-entering the transactions for these dates.
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General Journal
Purchases Journal
Cash Payments Journal
Sales Journal
Cash Receipts Journal
General Ledger: Accounts Payable
Schedule of Accounts Payable
General Ledger: Accounts Receivable
Schedule of Accounts Receivable
____ 6.
Complete the transactions for December 19-31.
____ 7.
Print the following reports for December 31 and turn them in to the Instructor with
the completed Audit Report for these dates. This will be recorded as a performance
test grade. If your score is 85% or above, make any needed revisions and continue to
the next step. If your score is below 85%, talk to your Instructor about strengthening
your skills before re-entering the transactions for these dates.
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____ 8.
LAP
General Journal
Purchases Journal
Cash Payments Journal
Sales Journal
Cash Receipts Journal
General Ledger: Accounts Payable
Schedule of Accounts Payable
General Ledger: Accounts Receivable
Schedule of Accounts Receivable
Complete the End-of Fiscal-Period Work for December 31.
page 17
Accounting II
____ 9.
Print the following reports for December 31 and turn them in to the Instructor with
the completed Audit Report for these dates. This will be recorded as a performance
test grade. If your score is 85% or above, make any needed revisions and continue to
the next step. If your score is below 85%, talk to your Instructor about strengthening
your skills before re-entering the transactions for these dates.
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General Journal
Income Statement
Balance Sheet
Trial Balance
____ 10. Complete the January 1 Reversing Entries.
____ 11. Print the General Journal showing the Reversing Entries and turn this in to your
Instructor. This will be recorded as a performance test grade. If your score is 85% or
above, make any needed revisions and continue to the next step. If your score is
below 85%, talk to your Instructor about strengthening your skills before re-entering
the transactions for these dates.
PART 4: ADDITIONAL ACCOUNTING PROCEDURES
CHAPTER 23: Accounting for Partnerships
_____ 1.
READ Chapter 23, pp. 672 - 691, in textbook and complete the following exercises
as you come to them. (Use the Working Papers to complete these exercises.)
___Audit Your Understanding, p. 679
___Work Together 23-1
___On Your Own, 23-1
___Audit Your Understanding, p. 685
___ Work Together, 23-2
___On Your Own, 23-2
___Audit Your Understanding, p. 690
___ Work Together, 23-3
___On Your Own, 23-3
___Study Guide 23, Working Papers, p. 207-209.
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_____ 2.
CHECK your answers with the KEY provided in the Reference Library of the
classroom.
_____ 3.
READ p. 698-699: Automated Accounting "Customizing the Automated Accounting
System."
_____ 4.
Application Problem 23-1, p. 692. Use form in Working Papers.
_____ 5.
Application Problem 23-2, p. 692. Use form in Working Papers.
_____ 6.
Application Problem 23-3, p. 693. Use form in Working Papers.
_____ 7.
Application Problem 23-4, p. 693. Use form in Working Papers.
_____ 8.
Mastery Problem 23-5, p. 694. Use form in Working Papers.
_____ 9.
CHECK your answers with the KEY.
_____ 10. REQUEST and TAKE Chapter 23 Test. If your score is 85% or above, continue to
Chapter 24. If your score is below 85%, review Chapter 23 to strengthen your skills
before retaking Chapter 23 Test. If necessary, consult with the Instructor of this
course.
CHAPTER 24: Recording International and Internet Sales
_____ 1.
READ Chapter 24, pp. 700 - 713, in textbook and complete the following exercises
as you come to them. (Use the Working Papers to complete these exercises.)
___Audit Your Understanding, p. 709
___Work Together 24-1
___On Your Own, 24-1
___Audit Your Understanding, p. 712
___ Work Together, 24-2
___On Your Own, 24-2
___Study Guide 24, Working Papers, p. 239-241.
_____ 2.
CHECK your answers with the KEY provided in the Reference Library of the
classroom.
_____ 3.
READ p. 718: Automated Accounting "Using Automated Accounting Tools."
_____ 4.
Application Problem 24-1, p. 714. Use form in Working Papers.
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_____ 5.
Application Problem 24-2, p. 714. Use form in Working Papers.
_____ 6.
Mastery Problem 24-3, p. 715. Use form in Working Papers.
_____ 7.
CHECK your answers with the KEY.
_____ 8.
REQUEST and TAKE Chapter 24 Test. If your score is 85% or above, you have
completed this course. If your score is below 85%, review Chapter 24 to strengthen
your skills before retaking Chapter 24 Test. If necessary, consult with the Instructor
of this course.
Congratulations! You have completed the Fundamentals of Accounting course II. Talk to your
Instructor about required and optional certification exams you are eligible to take.
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