Accounting (4524)
Course Syllabus
Fall 2013
Ms. Richardson
richardsonl@bcsc.k12.in.us
CNHS Business Department
1400 25th St. Columbus, IN 47201
(812) 376-4431
COURSE DESCRIPTION:
Accounting introduces the language of business using Generally Accepted Accounting
Principles (GAAP) and procedures for proprietorships and partnerships using doubleentry accounting. Emphasis is placed on accounting principles as they relate to primarily
manual but also automated financial systems. This course involves understanding,
analyzing, and recording business transactions and preparing, analyzing, and interpreting
financial reports as a basis for decision-making. The entire cycle is covered from
opening entries to closing entries. Balance Sheets, Income Statements, Distribution
Statements, and Owner Equity Statements are prepared. This course will prepare
students for college who are interested in the study of business.
COURSE OBJECTIVES:





Students connect the steps of the accounting cycle to the various types of
business ownership.
Students apply concepts of the Generally Accepted Accounting Principles
(GAAP) to determine the value of assets, liabilities, owner’s equity, revenues,
and expenses.
Students analyze and synthesis financial statements to determine the financial
position of a business.
Students apply Generally Accepted Accounting Principles (GAAP) to various
forms of ownership and payroll, income taxation, and managerial accounting
systems.
To view complete standards visit:
https://learningconnection.doe.in.gov/Standards/PrintLibrary.aspx
MATERIALS NEEDED DAILY (every day):
Workbook Papers
6” Ruler
Calculator
Pocket Folder
Pencil
Note Paper
TEXTBOOK (available in classroom only):
Century 21 Accounting General Journal 10e, Gilbertson, Lehman, Gentene;
Southwestern Cengage Learning
GRADE SCALE:
Range
Grade
99-100
93-98
90-92
88-89
83-87
80-82
78-79
73-77
70-72
68-69
63-67
60-62
0-59
A+
A
AB+
B
BC+
C
CD+
D
DF
SEMESTER GRADE:
First 9 Weeks
Second 9 Weeks
Final Exam
Semester Grade
45%
45%
10%
100%
COURSE CONTENT: (approximate)
First 9 Weeks
CHAPTER
1
2
3
4
5
6
7
8
PROPRIETORSHIPS
CONTENT
Starting a Proprietorship
Analyzing Transactions into Debit and Credit Parts
Journalizing Transactions
Posting to a General Ledger
Cash Control Systems
Work Sheet and Adjusting Entries for a Service Business
Financial Statements for a Proprietorship
Recording Closing Entries and Preparing a Post-Closing Trial
Balance for a Service Business
Second 9 Weeks
CHAPTER
9
10
11
12
13
14
15
16
17
CORPORATIONS
CONTENT
Accounting for Purchases and Cash Payments
Accounting for Sales and Cash Receipts
Accounting for Transactions Using a General Journal
Preparing Payroll Records
Accounting for Payroll and Payroll Taxes
Accounting for Uncollectible Accounts Receivable
Preparing Adjusting Entries and a Trial Balance
Financial Statements and Closing Entries for a Corporation
Financial Statement Analysis
Semester One Final Exam
Third 9 Weeks
CHAPTER
CORPORATIONS
CONTENT
Five Week Practice Set:
“Zenith Global Imports”
18
19
Acquiring Capital for Growth and Development
Accounting for Plant Assets, Depreciation and Intangible Assets
Fourth 9 Weeks
CHAPTER
20
21
22
23
24
CORPORATIONS
CONTENT
Accounting for Inventory
Accounting for Accruals, Deferrals and Reversing Entries
End-of-Fiscal-Period Work for a Corporation
Accounting for Partnerships
Recording International and Internet Sales
Semester Two Final Exam
Expectations
1. Bring Work Papers (workbook) to class EVERY DAY
2. At beginning of class, pick up folder and be in assigned seat when the bell rings
3. BE PRESENT in class
Examples:
4. Time is an asset, use it wisely
5. Communicate with the teacher before big problems arise; I can, will AND like to
help.
6. Reinforce the 3 R’s in our classroom:
a. Respect
b. Responsibility
c. Relationship