Accounting 101
Spring 2014
1200 ACCT PRACTICAL ACCOUNTING 1
Spring 2014
M-TH 9:30-10:20 AM
5 credits
Building16-309
Instructor
Sylvia Summers – you may address me as Sylvia
Office location: Bldg 16, 309
Office hours: Tue, & Thurs. 10:20 a.m. -11:20 a.m. (or by appointment)
Contact
Information
(253) 460-4399 (Messages)
ssummers@tacomacc.edu
Course
Description
Introduces students to basic accounting concepts and procedures, emphasizing sole
proprietors. Topics include analysis of business transactions and completion of the
accounting cycle, including preparation of financial statements. Students will be
introduced to computers.
PREREQUISITE(S):

MATH 085 with a minimum grade of C or better or placement at MATH
090
RECOMMENDED PREPARATION



Program
Learning
Outcomes &
Degree
Learning
Outcomes
ENGL/ 095 and
CU 103 concurrent or prior enrollment or
CU 105 concurrent or prior enrollment
Upon successful completion of the degree, the student will be able to:
1. Core of Knowledge (COK)
Demonstrate a basic knowledge of each of the distribution areas (Written
Communication, Humanities, Quantitative Skills, Natural Sciences and
Social Sciences; or, as applicable, specific professional/technical programs),
integrate knowledge across disciplines, and apply this knowledge to
academic, occupational, civic and personal endeavors.
2. Communication (COM)
Listen, speak, read, and write effectively and use nonverbal and
technological means to make connections between self and others.
3. Critical Thinking and Problem Solving (CRT)
Compare, analyze, and evaluate information and ideas, and use sound
thinking skills to solve problems.
4. Information and Information Technology (IIT)
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Locate, evaluate, retrieve, and ethically use relevant and current information
of appropriate authority for both academic and personal applications.
5. Living and Working Cooperatively / Respecting Differences (LWC)
Respectfully acknowledge diverse points of view, and draw upon the
knowledge and experience of others to collaborate in a multicultural and
complex world.
6. Responsibility & Ethics (RES)
Demonstrate and understanding of what constitutes responsible and ethical
behavior toward individuals, the community, and the environment.
Upon successful completion of the program, the student will be able to:
1. Generate accurate financial statements for a company and communicate a
company's financial position (COK, COM, CRT).
2. Simulate an accounting department (group process) to prepare accounting
documents using automated software to record business transactions for an
entity or tax agency, and integrate current regulations (COK, IIT, LWC).
3. Demonstrate analysis of existing documentation to verify the accuracy of
information for an entity and perform necessary reconciliations (COK, CRT,
IIT, RES).
Course
Learning
Objectives
Upon successful completion of the course, the student will be able to:
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
Outline the steps in the accounting cycle.
Explain how accounting relates to business and its information needs.
Define and apply basic accounting terminology.
Illustrate the effects of transactions on the accounting equation.
Analyze and interpret source documents to formulate journal entries that
record business.
Post entries and maintain a ledger of accounts.
Prepare a 10-column worksheet and reconcile any differences.
Prepare a balance sheet and income statement.
PLO: 1
Explain the effects of accrual accounting on the financial statements and the
need for adjusting entries.
PLO: 3
Generate and post closing entries.
Prepare a bank reconciliation, analyze reconciling items, agree to the G/L and
review G/L accounts after posting corrections.
PLO: 3
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Welcome to Accounting!
Instructional
Methods
Used
Pledge
This course is an exploration of the language of business, accounting.
Together we will investigate the inner workings of the field of accounting and in
the process, fine tune critical thinking skills to enhance deeper understanding.
A variety of instructional methods will be used throughout the course to engage
all types of learners and learning styles including: lecture, hands-on activities,
group work, and computer assisted learning. Additionally, this class is
combined with another Acct 101 class to provide additional teaching and
individual support
We pledge to do everything in our power to make this class relevant and
empowering for you. To this end, we ask for your equal commitment to work
hard and be open to learning.
YOUR STEPS TO SUCCESS
To properly learn the discipline of accounting takes a combination of preparation and
practice.
PREPARE – before class
a. Read the assigned chapter.
b. Take notes (note-taking guides available in Canvas).
c. Meet with a (BEC) tutor in 16-308 to “preview” a topic.
d. Make a list of new terms.
e. Write down any questions for class.
BE PRESENT – physical and mentally
f. Attend class.
g. Put phones away.
h. Bring chapter notes to class.
i. Participate in class & group discussions.
j. Ask questions.
PRACTICE – touch the material often
k. Complete all the assigned homework.
l. Use available resources at the BEC or WTC (Writing & Tutoring Center)
REVIEW – touch the material again
m. Review for the test the night before review day.
Review the material again after the class review.
Textbooks &
Supplemental
Materials
Required Textbook: COLLEGE ACCOUNTING, A Contemporary Approach by Haddock,
Price, Farina
Required software: CONNECT by McGraw-Hill Irwin (registration code comes with the
textbook or can be purchased separately)
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Accounting 101
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Supplies
Calculator (printing calculators are best), ruler (straight-edge), USB Drive, and
binder for in-class company forms. Each project group will need one binder
for submitting the project (one binder per team).
Technology
This course requires internet access and the use of a computer. Computers for your use are
available in the Info Commons (Bldg 16) along with receive software assistance.
To avoid problems, it is always advisable to USE FIREFOX BROWSER!!!!
Canvas
CANVAS is an online classroom management program through which you will complete your PRECHAPTER QUIZES, and HOMEWORK. It is where I will post your grades weekly. Additionally
Canvas contains vital information (syllabus, schedule, assignments, and supplementary materials)
and allows you to contact your classmates and/or instructor.
PLEASE COMPLETE THE ZERO WEEK TUTORIAL IN CANVAS.
You will use CONNECT to complete and submit your homework and take tests.
McGraw-Hill’s CONNECT is a web-based assignment and assessment
software. It is required supplement for this course.
CONNECT
Getting started with CONNECT
1. Open website shown below
http://connect.mcgraw-hill.com/class/s_summers_summersspring_2014_accounting
2. Click REGISTER NOW
3. Enter your email address (personal or TCC) and click SUBMIT
4. Enter your registration code*.
*If you purchased a new textbook at the TCC bookstore, registration code is included. If you
obtain your textbook elsewhere, you will able to purchase a registration code from within the
CONNECT program.
Note: You can register in CONNECT and have full access to our class materials before purchasing
your textbook. To do this follow the first 3 steps above and in Step 4, click START FREE TRIAL. The
Free Trial lasts only a few weeks. When you obtain your textbook, enter your registration code
and all your work is transferred.
If you purchase CONNECT online, you will have the option of purchasing CONNECT or
ConnectPlus, which includes an interactive eBook to supplement the required textbook for this
course.
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Support
CONNECT Support & Tips: If you have any issues while registering or using CONNECT, the
McGraw-Hill CARE team is available to help (see below)
“Student
Quick Tips”
guide is
available in
Canvas
under the
Resource tab
Visit: www.mhhe.com/support or Call: (800) 331-5094
M–Th 8 a.m.–11p.m., Fri 8 a.m.–6 a.m. & Sun 6 p.m.–11 p.m.
(All times Central)
Visit Troubleshooting and Customer Service links on the bottom of every
page in Connect for immediate help.
The best way to avoid problems related to unexpected technical issues is to not to wait until the
last moment to complete assignments.
Class Format
Assignments
This class brings together traditional and hybrid-online students into one learning
environment for the purpose of giving students the greatest flexibility with learning and
time. Class lectures will be presented by your instructor, Sylvia Summers, and the
hybrid-online instructor Annalee Rothenberg. Students from both classes will work
together in class and may even chose to team together.
READ – To be properly prepared to engage in discussions, it is necessary for you to read
the assigned chapter before coming to class. Read the assigned chapter before class on
Mondays.
OPEN POWERPOINT – located in Canvas. After viewing the slides:
 The PRE-LECTURE QUIZ will open. This must be completed to open the rest of
the module.
PARTICIPATE – While not graded, your participation is necessary to be successful. It is
through discussing accounting principal that a solid understanding is gained.
TAKE NOTES –for your personal use and are not turned in.
OPTIONAL LEARNING ACTIVITIES –Various learning exercises are available in
Canvas to provide you with a deeper understanding of the material. Please
enjoy them. They just for your use and not graded.
COMPLETE HOMEWORK – To understand how accounting works, it takes more than just
reading about it. The more you “touch” accounting, the easier it will become to
understand. You will complete your homework using the CONNECT program. Weekly
homework is due on Thursdays by 11:55 p.m. Late work is not accepted.
SAVE or SUBMIT?
SAVE - If you want to do more work later, click SAVE.
You are allowed multiple attempts on your CONNECT homework.
SUBMIT - If you are finished, click SUBMIT.
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TAKE EXAMS – Tests are not intended to “get you.” Rather they are helpful a way of
measuring your understanding. Because accounting builds on itself, you need to know
you have a solid understanding of the current concept before moving on to the next
concept.
Traditional (Sylvia’s) students will take their exams in class on Fridays.
Hybrid (Annalee’s) students will take theirs online by Friday 11:55 PM. Unfortunately,
there are no makeup exams. Exams may be taken early but they may not be taken late.
COMPLETE MINI-PRACTICE Set 1: Service Business Accounting Cycle located in the
textbook between Chapters 6 and 7.
Each 3-person group is responsible for creating and maintaining ONE Team Project
Binder. Please note you will need to use a basic Excel spreadsheet to complete this
project. This project will be mostly completed outside of class.
FINAL- JOB SHADOW – The job shadow is an opportunity for you to go to get a “real-life”
look into the field of accounting. Additional information regarding this assignment can
be found Canvas starting Week 4. This assignment is your final for this class. It is due in
Week 11.
Evaluation
Criteria &
While faculty permission is not required, a completed add/drop form must be
submitted to Registration and Records to complete drops from the 11th instructional
day through the 55th calendar day of the quarter” “The instructor must sign the form
or [send] an e-mail [to Registration] acknowledging the withdrawal. If the instructor
is not available, a signature from a full-time advisor in the Advising Center is an
acceptable substitute. Last Day to Withdraw with Instructor Permission:
Last Day to Withdraw without Instructor Permission:
Grades are calculated based on how many of the 1,765 points available have been
earned by the completion of the course. (see the Extra Credit section regarding earning
additional points)
Grading
Standards
The table below shows how points are assigned to each graded element of the class.
Total
Quantity
Assignment
Points
points
9
Pre-lecture quizzes
20
=
180
9
Chapter Homework
50
=
450
1
Group Project
100
=
100
(Practice Set)
1
Exam-1
50
=
50
1
Exam-2
60
=
60
1
Exam-3
75
=
75
5
Exams (4, 5, 7-10)
100
=
600
1
Midterm
200
=
200
1
Final = Job Shadow
50
=
50
Total points
1765
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Letter grades are assigned based the percentage of the total points earned. The table
below shows the grade assigned to each range of percentages.
For example if a student earns 1,528, their grade would be calculated
as follows: 1,528  1,765 = .865 = 87% = B+
95-100% = A
90-94.9 % = A-
Extra Credit
87-89.9% = B+
84-86.9% = B
80-83.9% = B-
77-79.9% = C+
74-76.9% = C
70-73.9% = C-
67-69.9% = D+
64-66.9% = D
64-below = E
We want you to be successful! If you are finding you are not able to grasp one or more
of the concepts being presented in this class, don’t panic. This is NOT a reflection upon
your intelligence, but rather an indication more support or time is needed. Accounting is
a skill and like any other skill, it comes easy to some and more difficult to others. With
the right help you and anyone else can master accounting skills. We believe this so
strongly that we award extra credit points to those who seek out the help of the
excellent tutors in the BEC or WTC (Writing and Tutoring Center.)
Each time you visit a tutoring center (BEC or WTC), you will earn one extra credit point.
There is no limit to the number of extra credit points you can earn. These points will be
recorded based on your Tutor Trak attendance – be sure to sign in each time you visit
one of the TCC tutoring centers.
Instructor support is available immediately following class on Tuesdays & Thursdays
Policies
Academic
Dishonesty
&
Student
Conduct
Withdrawal Policy: The College provides for withdrawal without the signature of the
instructor up until 10th calendar day. With an instructor’s permission, you may
withdraw up until 55th calendar day. Before considering taking a “W” grade, please
discuss other possible options with me. If you are on financial aid, it is also strongly
advised that you talk with the Financial Aid Office before making any changes in the
number of credits in which you are enrolled
TCC Students are expected to be honest and forthright in their academic endeavors.
Academic dishonesty is inconsistent with the values and mission of Tacoma Community
College. Cheating, plagiarism, and other forms of academic dishonesty are violations of
the Code of Student Conduct. Sanctions for acts of academic dishonesty committed in
this course are as follows: As stated in the TCC Catalog, ‘Students are expected to be
honest and forthright in their academic endeavors. Cheating, plagiarism, fabrication or
other forms of academic dishonesty corrupt the learning process and threaten the
educational environment for all students.(pg. 33) In this course, sanctions for academic
dishonesty will be as follows:
If a student in this class is caught cheating on an exam, test, assignment, or project, that
student will receive a 0 for that assignment. If the student cheats a second time he/she
will receive an E for the course.
Admission to Tacoma Community College carries with it the expectation that the student
will conduct himself/herself as a responsible member of the academic community and
observe the principles of mutual respect, personal and academic integrity and civility.
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Accounting 101
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The Code of Student Conduct establishes rules governing academic and social conduct of
students, including due process rights. Violations of the Code may result in dismissal
from class for the day and/or referral to the Student Conduct Administrator for
sanctions.
Accommodations
Classroom
Policies
Etiquette
for
Classroom
Dispute
Resolution
Students with Disabilities: If you need auxiliary aids or services due to a disability, please
contact the Access Services office in Building 7 (253-566-5328). Accommodations are not
retroactive; please act promptly to make sure your letter of accommodation is in place.
Students with Special Needs: All students are responsible for all requirements of the
class, but the way they meet these requirements may vary. If you need specific auxiliary
aids or services due to a disability, please contact the Access Services office in Building 7
(253-566-5328). They will require you to present formal, written documentation of your
disability from an appropriate professional. When this step has been completed,
arrangements will be made for you to receive reasonable auxiliary aids or services. The
disability accommodation documentation prepared by Access Services must be given to
me before the accommodation is needed so that appropriate arrangements can be
made.



Assignments are due on the day indicated in the calendar.
Make up tests are not available.
Incompletes grades are not available in this class.
If you have questions or concerns about this class or me, please come to talk with me
first. If we are unable to resolve your concerns, you may talk next with the Dean Krista
Fox, at 253-566-5147 or kkfox@tacomacc.edu. The Dean can assist with information
about additional steps, if needed.
Students who believe they have received a final course grade that has been awarded
improperly or in an arbitrary or capricious manner may grieve or appeal the grade.
Details of the process are located on the TCC Portal at :
https://my.tacomacc.edu/uPortal/p/StudentForms.ctf9/max/render.uP?pCm=view&pP_
NSHistoryParam=21426%2C21435%2C21435%2C26224&pP_struts.portlet.action=%2Fvi
ew%2Findex&pP_ticket=ST-215398-bcm1AKn0zYfxmqTwgrVm-portalsvr2.tccnet.edu
Caveats
Inclement
Weather
This syllabus and schedule are subject to change in the event of extenuating
circumstances. If you are absent from class, it is your responsibility to check for
announcements made while you were absent. This syllabus and schedule are subject to
change in the event of extenuating circumstances. If you are absent from class, it is your
responsibility to check for announcements made while you were absent. If you are
absent from class, it is your responsibility to check with your teammates on
announcements made while you were absent.
If you are unsure if classes are being held due to inclement weather, please call the
campus operator (253) 566-5000, or go to www.tacomacc.com and click on Weather
Closure Information. If the College is closed for any reason, no classes will be held.
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The
“A”
Student
The
“C”
Student
An Outstanding Student
Attendance: “A” students have virtually perfect attendance. Their commitment
to the class resembles that of the teacher.
Preparation: “A” students are always prepared for each class. They always read
the assignments. Their attention to detail is such that they occasionally catch the
teacher in a mistake. They often serve as leaders of the activities of the group
Curiosity: “A” students show interest in the class and in the subject. They look
up or dig out what they don’t understand. They often ask interesting questions
or make thoughtful comments.
Retention: “A” students have retentive minds. They are able to connect past
learning with present and apply theory to reality on a daily basis, not just during
testing.
Attitude: “A” students have a winning attitude. They consistently demonstrate
determination and self-discipline for success. They show initiative and do things
they have not been told to do in order to master the material.
Talent: “A” students demonstrate something special call it insight, intellect,
foresight, etc. – they make their creativity, organizational skills and motivation
evident to the teacher and to their group members.
Results: “A” students both participate and make positive, insightful and
analytical contributions to the class and in their groups. Their work is a pleasure
to grade, and is often a source of group pride.
An Average or Adequate Student
Attendance: “C” students miss class three or more times a month. They put
other priorities ahead of academic work. Their other diversions (work, sports,
socializing, family activities, etc) render them physically or intellectually unable to
keep up with the demands of high level performance.
Preparation: “C” students prepare their assignments fairly consistently, but in a
perfunctory manner. Their work is sloppy or careless. At times it is incomplete
or late. They generally rely on others in their group to do most of the work,
contributing their opinions and a small degree of preparation and forethought.
Attitude: “C” students are not visibly committed to the class. They participate
without enthusiasm. Their body language often expresses boredom. Their group
participation is replete with socializing, small talk and opinion rather than focus
and analysis.
Talent: “C” students vary enormously in talent. Some have exceptional ability,
but show undeniable signs of poor self-management or bad attitudes. Others
may be very diligent, but just adequate in mastering material or learning in this
setting.
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Results:
“A*” students are secure in their accounting knowledge and are ready to move
on to higher level classes. They know they are capable of learning at collegelevel and posses the fortitude necessary to be successful in attaining their goals.
They are confident in themselves knowing they have accomplished a goal that
took hard work and determination. Their sense of pride has more
to do with a feeling of empowerment than being an “A” student.
They are now ready to set their sights on even greater
accomplishments understanding that success breeds success.
*While it is important to always strive to do your best, it is equally important to remember grades
are one element of achievement and not the sole measure of course mastery or your true
commitment to learning.
Student
Resources
BUSINESS EDUCATION CENTER (BEC) .......................................................... (253) 460-4411
WRITING & TUTORING CENTER (WTC) ........................................................ (253) 566-6032
MATH LAB ................................................................................................... (253) 566-5142
CAREER CENTER .......................................................................................... (253) 566-5027
COUNSELING CENTER ................................................................................. (253) 566-5122
JOB ASSISTANCE CENTER ............................................................................ (253) 566-5191
EMPLOYMENT SECURITY SERVICES ............................................................ (253) 566-5146
CHILDREN’S CENTER .................................................................................... (253) 566-5180
THE
BOTTOM
LINE
College is the beginning of wisdom, not the end;
Learning how to learn is a life-long endeavor.
Tacoma Community College Spring 2014 Academic Calendar
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Accounting 101
10
ACCOUNTING 101
SPRING 2014
CALENDAR
Chapter reading & pre-lecture quiz is due on Mondays before class. CONNECT homework due on Thursdays by 11: 55 PM
Weeks
Dates
3-31
Assignments
Additional Assignments/Notes
Orientation to class
WEEK 1
4-1
Read CH 1 before arriving to class
The Language of
Business
4-2
SEE CANVAS
4-3
4-4
Ch 1 test – in class
4-7
Ch 2 pre-lecture quiz due by 9:00 AM
WEEK 2
4-8
Analyzing Business
Transactions
4-10
Ch 2 homework by 11:55 p.m.
4-11
Ch 2 test – in class
4-14
Ch 3 pre-lecture quiz due by 9:00 AM
WEEK 3
Analyzing Business
Transactions using
T Accounts
WEEK 4
Analyzing Business
Transactions
4-9
4-17
Ch 3 homework
4-18
Ch 3 test – in class
4-21
Ch 4 pre-lecture quiz 9 AM
Job Shadow opens in Canvas
4-23
4-24
Ch 4 homework
4-25
Ch 4 test
4-28
Ch 5 pre-lecture quiz
4-30
Accounting for
Sales, AR,& Cash
Receipts
SEE CONNECT
4-22
4-29
WEEK 7
SEE CANVAS
4-16
WEEK 5
Closing Entries
& Post-closing
Trial Balance
SEE CONNECT
4-15
Adjustments and
the Worksheet
WEEK 6
SEE CANVAS
5-1
Ch 5 homework
5-2
Ch 5 test
5-5
Ch 6 pre-lecture quiz
Begin work on Mini-Practice set—group project.
Meet outside of class
5-6
5-7
EDUCATIONAL PLANNING DAY – NO CLASS
5-8
Ch 6 homework
5-9
Midterm test
5-12
Ch 7 pre-lecture quiz
5-13
5-14
Work on Group Project
5-15
Ch 7 homework-- Work on Group Project
Professional Development Day - NO CLASSES
Ch 7 – Take-Home test Due: Monday 5/20
5-16
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Accounting 101
NO CLASS
NO CLASS
NO CLASS
11
WINTER 2014
Accounting 101 Calendar
~continued~
5-19
WEEK 8
Accounting for
Purchases, AP,&
Cash Payments
WEEK 9
Cash
Ch 8 pre-lecture quiz
GROUP PROJECT DUE
5-20
5-21
5-22
Ch 8 homework
5-23
Ch 8 test in class
5-26
Labor Day- NO CLASSES
Ch 9 pre-lecture quiz
5-27
5-28
WEEK 10
Payroll
Computations,
Records &
Payments
WEEK 11
5-29
Ch 9 homework
5-30
Ch 9 test in class
6-2
Ch 10 pre-lecture quiz
6-3
6-4
6-5
Ch 10 homework
6-6
Ch 10 in class
6-9
Final - Job Shadow Paper Due by 9:30 a.m. on OR before June 9 in Canvas please.
Final
ACCOUNTING 101
AMNESTY CARD
Name: ____________________________________________________
Check one chapter you wish to omit.
______ 2
_______ 3
_________ 4
______ 7
_______ 8
_________ 9
________ 5
Submit by: Week 10
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