Century 21 – Accounting

First Year Course – General Journal Approach

 

 

Part 1

Accounting as a Career

Ø      Accounting Careers: Communication and Ethics in the Workplace

 

Part 2

Accounting for a Service Business Organized as a Proprietorship

Ø      Starting a Proprietorship

o       a. Define Accounting terms related to starting a service business organized as a proprietorship

b. Identify accounting concepts and practices related to starting a service business organized as a proprietorship.

c. classify accounts as assets, liabilities, or owner's equity

d. analyze how transactions related to starting a service business organized as a proprietorship affect accounts in an accounting equation

e. prepare a balance sheet for a service business organized as a proprietorship from information in an accounting equation.

Ø      Starting a Proprietorship: Changes That Affect Owner’s Equity

Ø      Analyzing Transactions into Debit and Credit Parts

Ø      Recording Transactions in a General Journal

Ø      Posting from a General Journal to a General Ledger

Ø      Cash Control Systems

Ø      Work Sheet for a Service Business

Ø      Financial Statements for a Proprietorship

Ø      Recording Adjusting and Closing Entries for a Service Business

 

Part 3

Accounting for a Merchandising Business Organized as a Partnership

Ø      Journalizing Purchases and Cash Payments Using Special Journals

Ø      Journalizing Sales and Cash Receipts Using Special Journals

Ø      Posting to General and Subsidiary Ledgers

Ø      Preparing Payroll Records

Ø      Payroll Accounting, Taxes, and Reports

Ø      Work Sheet for a Merchandising Business

Ø      Financial Statements for a Partnership

Ø      Recording Adjusting and Closing Entries for a Partnership

 

Grading Policy

All of the points throughout the semester will be totaled at the end of the semester and then averaged. 

 

Example:

 

Ch. 1 Quiz = 12/15

Ch. 1 Assignment = 8/10

Essay # 1 = 7/10

Ch. 2 Quiz = 9/10

Ch. 2 Assignment = 12/15

 

 

Total for the marking period:

48/60 for the marking period

Average = 80%

Additional Questions?

Mr. Weinheimer

http://www.geocities.com/mrweinheimer/

 

[email protected]

[email protected]

 

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