Unit 1 - The Accounting Cycle (27 Hours)
Chapter 1 2 Classes |
Accounting in Action Users of Accounting Information - internal and external users Two new financial statements -statement of changes in owner's equity
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Suggested Questions: E1-1, E1-2, E1-3, E1-6, E1-11, E1-14, P1-6A,P1-8A, BYP1-6 Review - Self Study Questions CW- Brief Exercises - all Assessments -As and Diagnostic. Case study- summative |
Chapter 2 2 Classes |
The Recording Process |
Suggested Questions: E2-3, E2-6, E2-7, E2-8, E2-11, P2-2A, P2-7A, P2-11A, BYP2-5 Review - Self Study Questions CW- Brief Exercises - all Assessments -As and Diagnostic. Assignment on complete recording process form general entries to Trial Balance |
Chapter 3 2 Classes |
Adjusting the Accounts $ Accrual and Cash Basis of Accounting $ Unearned Revenue $ Accrued Revenue and Expenses |
Suggested Questions: E3-1, E3-2, E3-4, E3-7, E3-8, , P3-1A, P3-3A, P3-6A, P3-11A Review - Self Study Questions CW- Brief Exercises - all |
| Presentation | |
Chapter 4 2 Classes |
Completion of the Accounting Cycle $ Closing entries $ Classified Financial Statements |
Suggested Questions: E4-3, E4-7, E4-10, E4-11, P4-2A, P4-11A, BYP4-1 Review - Self Study Questions unit test |
Overall Expectations
By the end of this course, students will:
- demonstrate an understanding of accounting principles and practices;
- demonstrate an understanding of the accounting cycle in a computerized environment for a service business and a merchandising business; •
- demonstrate an understanding of ethics and issues in accounting
- Upload the following:
- All resources needed for unit 1
