Home

SYLLABUS

ACCOUNTING I

 

Teacher:  Ms. Kristin Snyder, Business Education

 

Please contact me at 570-662-2674 should you have any questions about your child's progress.  I will be sending home a grade report periodically. 

 

COURSE DESCRIPTION:

 

Accounting 1 is designed for the student who would like a strong foundation in basic accounting theory and procedures.  Emphasis is placed on the recording and reporting phases of accounting for service and merchandising businesses organized as sole proprietorships and corporations.  The student will gain computer literacy and a general understanding of how the computer can be used to perform various accounting activities.  A unit on business and personal banking is also included in this course.

 

TOPICS TO BE COVERED INCLUDE:

 

1.1          Describe the purpose of accounting and the role it plays in our economy.
1.2          Demonstrate the effects of transactions on the accounting equation.
1.3          Use source documents.
1.4          Prepare a chart of accounts using proper numerical sequencing.
1.5          Diagram transactions through the use of T-accounts.
1.6          Record transactions in a general journal.         
1.7          Post general journal entries to the general ledger and update the account balances.
1.8          Prepare a trial balance.
1.9          Calculate and record end-of-period adjustments.                     
1.10        Prepare financial statements.
1.11        Update accounts through adjusting and closing entries.
2.1          Compare the accounting implications of different types of business ownership.
2.2          Differentiate between a service and a merchandising business.
2.3          Analyze transactions relating to the purchase of merchandise and record into special journals.
2.4          Analyze transactions relating to sale of merchandise and record into special journals.
2.5          Post from general and special journals to a general and/or subsidiary ledger.
2.6          Prepare schedules for subsidiary ledgers.
2.7          Generate trial balance and end-of-period adjustments.
2.8          Create financial statements.
2.9          Analyze financial statements.
2.10        Update accounts through adjusting and closing entries.
2.11        Prepare a post-closing trial balance.
2.12        Demonstrate competence in implementing specialized accounting via an electronic system.
 
 

CLASS MATERIALS:

 

All students will be responsible for keeping a notebook for this class.  The notebook will include all major topics of the course as listed above.  The grading of the notebook will include content, organization, neatness, and presentation.  The use of a three-ring binder is recommended but not required.  Other materials needed for the class include:  pencils, ruler, calculator, and notebook paper.  

 

GRADING:

 

Tests/Quizzes                                                                           30%

Accounting Assignments Completed                                    30%

Graded Accounting Assignments                                         30%

Notebook and class participation                                        10%

 

RULES:

 

Each quarter you will begin with 100 points.  These points will count towards your class participation grade.  Points will be deducted for each of these class rules a student does not follow.  The rules include:

 

  • Be on time and prepared with materials (notebook, textbook, pen/pencil, calculator, homework)
  • Complete daily assignments and jobs
  • Uses proper conduct and behavior
  • Be positive and courteous
  • Use time wisely

Students who choose not to follow the above rules will have the following consequences:

  • Verbal and written reminder in student file
  • Student completes corrective action log, meets and discusses the log with teacher.
  • Same as number 2 above, only parent is notified.
  • Meeting with principal/assistant principal who decides consequences.

 

*Severe Action Clause:  If special circumstances deem it necessary, the student will immediately visit the principal/assistant principal.

                                                                                               

Please note:  When using the computers, the computer user rules and consequences are in effect.

 

Remember when you are in class, you are at work!!  Be sure to behave that way.

 

Students will have monthly notebook checks.  Be sure to keep your notebook current.  You may refer to the teacher's notebook.

 

Additional Note:  Some accounting problems will be completed using the computers.  Students will be expected to complete jobs during class time.  The computers will be utilized during class period and will also be available for use before and after school.  Encourage your child to stay if necessary. 

 

 

 

Parent/Guardian:

 

Please complete the following information and have your child return to me.  You may keep the above syllabus for your own reference.  The students have one in their notebooks. 

 

Parent/Guardian Name(s) ____________________________________________

 

Mom/Guardian

Home Telephone_________________  Work Telephone______________

 

Dad/Guardian

Home Telephone_________________   Work Telephone______________

 

Parent’s/Guardian’s Email_______________________________________________

 

 

Please check the appropriate spaces below:

 

Y                         N

___                      ___        My son/daughter has my permission to use the Internet

as needed for research in this class.

 

___                      ___        My son/daughter has a computer with Internet access at

home.

 

My son/daughter and I (we) have read the class syllabus for the course, the computer users’ rules, and understand the instructor’s expectations of the students.

 

Parent/Guardian’s Signature:___________________________________

 

Student’s Signature:_________________________________________

 

Student’s Name (print): ______________________________________

 

Date:______________________