Accounting I
Advisor – Victoria Abel
vabel@stjschools.org
573-265-2300 Ext 3233
Purpose:
To provide students with the skills necessary to make wise financial decisions. This course will also prepare students
for their future whether collegiate or the work force.
Course Objectives for all Accounting I students:
The student will –
1.
Classify financial items such as assets, liabilities, and capital; analyze transactions into debit and credit
parts, and record transactions into a multicolumn general journal and special columns for sole
proprietorship.
2.
Maintain banking records
3.
Complete an eight-column worksheet, adjusting and closing entries, and prepare a post-closing trial
balance for a sole proprietorship.
4.
Post to a general and subsidiary ledger from a combination journal.
5.
Prepare financial statements for a sole proprietorship.
Course of Action:
1. Part 1
a.
Starting a Proprietorship
b.
Analyzing Transactions into Debit and Credit Parts
c.
Journalizing Transactions
d.
Posting to a General Ledger
e.
Cash Control Systems
f.
Work Sheet for a Service Business
g.
Financial Statements for a Proprietorship
h.
Recording Adjusting and Closing Entries for a Service Business
2. Part 2
a.
Journalizing Purchases and Cash Payments
b.
Journalizing Sales and Cash Receipts Using Special Journals
c.
Posting to General and Subsidiary Ledgers
d.
Preparing Payroll Records
e.
Payroll Accounting, Taxes, and Reports
Calendar of Events:
Day 1: Introduction/Syllabus
Day 2: (1-1)The Accounting Equation
Day 3: (1-2)How Business Transactions Change the Accounting Equation
Day 4: (1-3)How Transactions Change Owner’s Equity in an Accounting Equation.
Day 5: Review/Mastery Problem
Day 6: Test
Day 7: (2-1)Using T Accounts
Day 8: (2-2)Analyzing Transactions in T Accounts
Day 9: (2-3)Analyzing How Transactions Affect Owner’s Equity Accounts
Day 10: Review/Mastery Problem
Day 11: Test
Day 12: (3-1)Journals, Source Documents, and Recoding Entries in a Journal
Day 13: (3-2) Journalizing Buying Insurance, Buying on an Account, & Paying on Account
Day 14: (3-3) Journalizing Transactions that Affect Owner’s Equity and Receiving Cash on Account
Day 15: (3-4) Proving and Ruling a Journal
Day 16: Review
Day 17: Test
Day 18: (4-1)Preparing a Chart of Accounts
Day 19: (4-2) Posting Separate Amounts from a Journal to a General Ledger
Day 20: (4-3) Posting Column Totals from a Journal to a General Ledger
Day 21: (4-4) Completed Accounting Forms and Making Correcting Entries
Day 22: Review
Day 23: Test
Day 24: (5-1) Cash Control Systems
Day 25: (5-2) Bank Reconciliation
Day 26: (5-3) Dishonored Checks
Day 27: (5-4) Petty Cash
Day 28: Extra Checking Day
Day 29: Review
Day 30: Test
Day 31: (6-1) Creating a Work Sheet
Day 32: (6-2) Planning Adjusting Entries on a Work Sheet
Day 33: (6-3) Extending Financial Statement Information on a Work Sheet
Day 34: Review
Day 35: Test
Day 36: (7-1) Preparing an Income Statement
Day 37: (7-2) Preparing a Balance Sheet
Day 38: Review
Day 39: Test
Day 40: (8-1) Recording Adjusting Entries
Day 41: (8-2) Recording Closing Entries
Day 42: (8-3) Pre-paring a Post Closing Trial Balance
Day 43: Review
Day 44: Test
Day 45: (9-1) Journalizing Purchases Using a Purchase Journal
Day 46: (9-2) Journalizing Cash Payments Using a Cash Payments Journal
Day 47: (9-3) Performing Additional Cash Payments Journal Operations
Day 48: (9-4)Journalzing Other Transactions Using a General Journal
Day 49: Review
Day 50: Test
Day 51: (10-1) Journalizing Sales on Account Using a Sales Journal
Day 52: (10-2) Journalizing Cash Reciepts Using a Cash Receipts Journal
Day 53: (10-3) Recording Transactions Using a General Journal
Day 54: Review
Day 55: Test
Day 56: (11-1) Posting to an Accounts Payable Ledger
Day 57: (11-2) Posting to an Accounts Receivable Ledger
Day 58: (11-3) Posting from Journals to General Ledger
Day 59: (11-4) Posting Special Journal Totals to a General Ledger
Day 60: Review
Day 61: Test
Day 62: Accounting Enrichment
Day 63: Accounting Enrichment
Day 64: Accounting Enrichment
Day 65: (12-1) Preparing Payroll Time Cards
Day 66: (12-2) Determining Payroll Tax Withholding
Day 67: (12-3) Preparing Payroll Records
Day 68: (12-4) Preparing Payroll Checks
Day 69: Extra Payroll Day
Day 70: Review
Day 71: Test
Day 72: (13-1) Recoding a Payroll
Day 73: (13-2) Recording Employer Payroll Taxes
Day 74: (13-3) Reporting Withholding and Payroll Taxes
Day 75: (13-4) Paying Withholding and Payroll Taxes
Day 76: Review
Day 77: Test
Day 78: Enrichment Activity
Day 79: Enrichment Activity
Day 80: Make Up Day
Day 81: TBA
Day 82: TBA
Day 83: Prepare for Final
Day 84: Final
Day 85:
Week 38:
1.
Make-Up Day
2.
Make-Up Day
Grading Procedure
Class work/homework for each unit must be completed and checked by the teacher before the students is
allowed to take the unit test. Points will be given for attendance in class and will be a part of the student’s quarter
grade. Grade percentages are listed in the Student Handbook. ALL MISSING WORK WILL NOT BE ACCEPTED
AFTER EACH THREE WEEK GRADING PERIOD.
A note from the teacher –
I will lead a respectful and disciplined classroom. To achieve this I have implemented a few simple classroom policies
and procedures. These will be enforced in order to maintain a fair and orderly classroom. As a student, it is your
responsibility to comply with these policies and procedures. They are listed as follows –
*Come to class prepared to learn – Always bring your book, folder, writing utensil, and any other supplies you
might need. If you borrow something of mine, I will borrow something of yours. Bringing your materials to
class is important, so important that I will give you a grade for it.
*Be respectful of all students and teachers that enter our classroom – Offensive language, derogatory
gestures, and any other disrespectful behaviors will not be tolerated. Hateful comments concerning race,
gender, sexuality, political views, appearance, or any other type will not be tolerated; this applies to serious
and joking comments.
*Do your own work – Students found plagiarizing, copying, or cheating in any way will receive an automatic
zero.
*Follow directions the first time they are given – there will be plenty of time to discuss the matter after you
follow directions.
*Daily Questions – A daily question will be posted on ClassJump. When you enter the classroom, you will get
your laptop on logon to ClassJump and find your daily questions. Daily questions are worth 2 points each. To
earn both points, you must answer the question in full sentence form and respond to another classmates
answer in sentence form.
*Dismissal From Class – The bell does not dismiss you from class, I DO! Do not pack up your things until I
have told you to. We will be working until the bell rings.
*Leaving the classroom – when leaving the classroom, you must have a pass. When one has been shown
the student must sign the clip board by the door stating where they are going. Even if you have a pass it
does not mean that I must let you leave the room. Use your best judgment. If we are in the middle of
something don’t even ask!
*Student Work – From time to time, student work will be displayed throughout the classroom.
*ClassJump – Each student will have a “ClassJump” account. ClassJump will be used to discuss classroom
topics, submit assignments, and review classroom activities. Students will only use this site for classroom
purposes. School administrators will have access to the site and will review the site.
*Website – I am currently working on my school website and will updating it as the year progresses. My
website can be located at www.vabel.weebly.com.
***Procedures may be changed or added by the teacher.
I, __________________________________ have read and fully understand the class policies and
procedures.
Signature ____________________________________
Parent Signature ______________________________