Accounting I
Teacher: Rebecca Javins
Grades: 10 - 12
Meets: Monday
Class Description: Today it's more important than ever that young people learn to manage money, whether it's for personal or business needs. Principles of money management and accounting are presented in this Accounting elective, which includes an overview of accounting, debits and credits, journalizing and posting transactions, financial statements, payroll accounting, taxes, and a business simulation activity. Appropriate for grades 7-12. Set of 10 workbooks are used in the class.
Course Objectives Every student will:
Develop an understanding of the double-entry accounting system.
Acquire a comprehensive vocabulary of accounting terms.
Demonstrate accounting procedures used in the preparation and interpretation of accounting journals, ledgers, statements, and other business forms and records.
Understand accounting concepts and demonstrate accounting practices related to a practice on a hypothetical company's accounting records.
Grading
Principles that are presented by the teacher are reinforced primarily through the use of practice problems, chapter questions, and chapter tests. In addition, one or more simulation projects may be used during the course and will be graded according to the teacher’s discretion. Grading for Accounting I is based on class work, homework, tests, and student productivity.
Prerequisites: Basic math skills are required.
Maximum Class Size: 12
Homework: There will be homework on a weekly basis that will be graded
Supplies that the students should bring to class:
Lifepac Electives: Accounting, Workbook Set $35.99
By: Alpha Omega; CBD Stock Number: WW301950; ISBN: 0740301950
Calculator
Columnar Paper (Type and # of columns to be updated at a later date)
Cost: $75/month January-May 2008
Meets on Mondays from 10-12
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