• Unit 2- Accounting for Assets

     

    Chapter 5

    2 Classes

     

    Accounting for Merchandising Operations

    $    Inventory systems - Perpetual and Periodic

    $    Freight Expenses - FOB Destination and FOB Shipping Point

    $    Purchase Returns and Allowances

    $    Discounts


     

    Suggested Questions:

    E5-2, E5-5, E5-7, E5-9, E5-10, E5-11, E5-12, P5-2A, P5-3A, P5-7A, P5-12A, BYP5-1

    Review - Self Study Questions

    CW- Brief Exercises - all

    Assessments and Assignments

     

    Chapter 6

    3 Classes

     

    Inventory Costing

    $    Methods of Inventory Costing

    Note: This is an excellent unit that can be used for group work. Divide the students into the groups so that can investigate each method of inventory and present it to the class.  If there is  access to a computer lab students can use presentation software

     

    Suggested Homework  Assignments

    E6-1, E6-3, E6-4, E6-5, E6-7, E6-8, E6-10, E6-12, E6-13, E6-14, E6-16, P6-2A,

    P6-5A, P6-7A, P6-8A, P6-10A, BYP6-5

    Review - Self Study Questions

    Assessments and Assignments

    CW- Brief Exercises - all

     

    Chapter 7

    2 Classes

     

    Internal Control and Cash

    $    Principles of Internal Control

    $    Internal Control of Cash Receipts

    $    Petty Cash (done in grade 11)

    $    Bank Reconciliation (done in grade 11)

     

    Suggested Questions:

    E7-2, , P7-1A, P7-3A, BYP7-3

    Review - Self Study Questions

    Assessments and Assignments

    CW- Brief Exercises - all


     


     

    Chapter 8

    2 Classes

     

     

    Accounting for Receivables

    $    Notes Receivable

    $    Valuing Accounts Receivable

    $    Disposing of Accounts Receivables

    $    Honoring Accounts Receivables

     

    Suggested Questions:

    E8-1, E8-3, E8-4, E8-7, E8-8,

    E8-11, P8-1A, P8-3A,

    P8-5A, P8-8A, P8-11A,

    P8-12A

    Review - Self Study Questions

    Assessments and Assignment

    CW- Brief Exercises - all


    Quiz,  Tests,  Accounting Insight and Accounting Ethics

     

    Chapter 9

    2 Classes

     

    Long-Lived Assets

    $    Capital Assets

    $    Natural Resources

    $    Intangible Assets

     

    Suggested Questions:

    E9-1, E9-2, E9-4, E9-5, E9-7, E9-9, E9-10, E9-12,

    P9-1A, P9-5A, P9-6A,

    P9-7A, P9-9A, P9-12A

    Assessments and Assignment

    CW- Brief Exercises - all