Mrs. Markowski
Accounting I ŕ
Course Overview
| Course Overview | Grading Procedure | Course Outline | Agreement |
Workbook: Working Papers
Overview of Accounting:
Accounting is the language of business. In other words, it is the way financial information is recorded and communicated within any business organization. Employees at all levels, along with owners, and even members of clubs, and any other organizations, need this language in order to understand the group’s finances. Accounting, therefore, is a valuable skill whatever your future plans. It is an integral part of the business curriculum at all educational levels.
Class Materials:
The following items will be needed by the student and must be brought to class on a daily basis:
1.
Textbook and Workbook
2.
Folder with pockets
3.
Pencil with eraser
4.
Calculator
5.
Ruler/Straight Edge
Student Notes:
This is a full-year course designed to develop competencies in basic accounting. The course content encompasses the complete accounting cycle. Accounting is a class in which concepts are built on one another, much like building a house. It is crucial, therefore, that you keep up with daily assignments, and be sure to understand each concept presented. If you need extra help or have any questions that are unable to be answered during class time, please make arrangements to meet with me during activity period, study hall time, or after school. It is imperative that you have a complete understanding of each chapter before continuing to the next one.
Attendance:
Good attendance is a must! If you are legally absent, it is your responsibility to contact me the day you return to school, for any missed work. Students absent the day of a quiz or test will have one (1) week to make arrangements with the teacher to complete the quiz or test. If you know in advance that you will be missing a class due to a music lesson, club activity, sports activity, field trip, etc., you must see me before you miss the class to arrange a time to make-up any assignments in order to receive full credit. Please make an effort to be on time for class. If you are continually late to class without a late pass the following consequences will occur:
1st time late to
class....................... warning
2nd time late to class.......................warning
3rd time late to class....................... you will receive a
student behavioral referral
Expectations:
All students are expected to follow the codes of conduct as explained in the Dansville High School Student Handbook. Less than expected behavior would result in the following consequences:
1st incident.......................
warning
2nd incident.......................student/teacher conference
3rd incident....................... you will receive a student
behavioral referral
4th incident....................... teacher/parent conference
Mrs. Markowski
Accounting I
ŕ
Grading Procedure
Evaluation:
Working Papers
Completion of the workbook pages accompanying each chapter covered will be worth 100 points each (subject to change due to length or difficulty of chapter material). Please note this is determined on whether or not the pages are completed NOT correct or incorrect. Completion of workbook pages is for learning the material. Time will be provided during class to work on workbook pages. This will provide an opportunity for both assisted and unassisted completion of tasks. Please note that additional time outside of the classroom may be necessary to complete workbook pages. Workbook assignments are due at the beginning of class, unless otherwise announced. Workbook assignments may be turned in late for reduced credit according to the following schedule:
1st school day
late… 75% of grade
2nd school day late… 50% of grade
3rd school day late… 0% of grade
Miscellaneous Homework
Completion of assigned homework is expected. The point value will vary and will be announced at the time of the assignment. Homework assignments are due at the beginning of class. Students absent the day an assignment is due are expected to hand in the assignment the next day he/she returns to school, to receive full credit. Homework assignments may be turned in late for reduced credit according to the following schedule:
1st school day
late… 75% of grade
2nd school day late… 50% of grade
3rd school day late… 0% of grade
Chapter Tests
Each chapter covered will have a corresponding test. Each test is worth 100 points.
Students absent the day of a test will have one (1) week to make arrangements with the teacher to complete the test. Failure to do so will result in a grade of 0%.
Unit Tests
Unit tests are given after each unit of the textbook. Each test is worth 100 points. Please note that tests are weighted the same amount as a chapter quiz. Students absent the day of a test will have one (1) week to make arrangements with the teacher to complete the test. Failure to do so will result in a grade of 0%.
Please note: All procedures will be consistent with the Dansville High School Student Handbook.
Mrs. Markowski
Accounting
ŕ
Course Outline
Chapter 1
Starting a Proprietorship
Chapter 2 Starting a Proprietorship: Changes that Affect Owner's
Equity
Chapter 3 Analyzing Transactions into Debit and Credit Parts
Chapter 4 Recording Transactions in a General Journal
Chapter 5 Posting from a General Journal to a General Ledger
Chapter 6 Cash Control Systems
Chapter 7 Work Sheet for a Service Business
Chapter 8 Financial Statements for a Proprietorship
Chapter 9 Recording Adjusting and Closing Entries for a Service
Business
Chapter 10 Journalizing Purchases and Cash
Payments Using Special Journals
Chapter 11 Journalizing Sales and Cash Receipts Using Special
Journals
Chapter 12 Posting to General and Subsidiary Ledgers
Chapter 13 Preparing Payroll Records
Chapter 14 Payroll Accounting, Taxes, and Reports
Chapter 15 Work Sheet for a Merchandising Business
Chapter 16 Financial Statements for a Partnership
Chapter 17 Recording Adjusting and Closing Entries for a Partnership
The Business-The Winning Edge, Inc.
Chapter 18 Recording Purchases and Cash
Payments
Chapter 19 Recording Sales and Cash Receipts
Chapter 20 Accounting for Uncollectible Accounts Receivable
Chapter 21 Accounting for Plant Assets and Depreciation
Chapter 22 Accounting for Inventory
Chapter 23 Accounting for Notes and Interest
Chapter 24 Accounting for Accrued Revenue and Expenses
Chapter 25 Distributing Dividends and Preparing a Work Sheet
Chapter 26 Financial Statements and End-of-Fiscal-Period Entries for
a Corporation
Mrs. Markowski
Accounting ŕ
Agreement
I have read and understand the course overview, outline, and grading procedures for Accounting and agree to accept responsibility to comply with these procedures.
___________________________________ ______________
Student Signature
Date
___________________________________ ______________
Parent/Guardian Signature
Date
___________________________________ ______________
Teacher Signature
Date