Introduction to Accounting I Syllabus for 2016-2017
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Instructor Information
Instructor
Carol Carter (Curriculum Vitae)Office Location
Office Hours
Before or after class or by appointment
Course Information
Recording Policy
Disability Statement
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Disability Services facilitates access to all programs and services according to the ADA, Americans with Disabilities Act and Section 504 of the Rehabilitation Act, as well as other federal and state laws.
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If you find you are unable to access material in an accessible format please contact the Disability Services Office at (806) 345-5639 . This office will work in conjunction with other campus resources to address and accommodate your issue in a timely manner.
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As a student you may experience a range of issues that can cause barriers to learning, such as strained relationships, increased anxiety, alcohol/drug problems, feeling down, difficulty concentrating and/or lack of motivation. These mental health concerns or stressful events may lead to diminished academic performance or reduce a student's ability to participate in daily activities. Amarillo College offers services to assist you with addressing these and other concerns you may be experiencing. If you or someone you know are suffering from any of the aforementioned conditions, you can learn more about the broad range of confidential mental health services available on campus by calling the AC Counseling Center at 806-371-5900. The AC Counseling Center website is https://www.actx.edu/counseling/ . Also, if you are in need of social services (affordable housing, utilities, transportation, food, clothing, childcare, medical/dental/vision, legal), please call the AC Advocacy & Resource Center at 806-371-5439. The AC Advocacy & Resource Center website is https://www.actx.edu/arc
Amarillo College Tutoring for Success Policy:
Administrative Drop Policy
Students who do not attend class on or prior to the census date will be administratively dropped. Effective Fall, 2016
Student Withdrawal Procedures
Students who wish to withdraw from a class must:
- consult with their instructor to obtain a signed academic withdrawal request form to submit to the AskAC department for processing
- consult with the financial aid office if receiving financial aid
- consult with the Veterans Benefit Coordinator if receiving veteran benefits
- consult with their academic advisor to determine how withdrawing may affect their enrollment in future semesters
- NOTE: The Texas Education Code stipulates that students attending Texas institutions of higher education for the first time fall 2007 and later may not withdraw from more than six courses during their academic career, including courses from which transfer students have withdrawn at other Texas institutions of higher education. (Senate Bill 1231) Rule 4.10.
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Course
ACNT-1303-001 Introduction to Accounting I
Prerequisites
Course Description
A study of analyzing, classifying and recording business transactions in a manual and computerized environment. Emphasis on understanding the complete accounting cycle and preparing financial statements, bank reconciliations and payroll.
Student Resources Student Resources Website
Department Expectations
Occupational License Disclaimer
Hours
(3 sem hrs; 3 lec, 1 lab)
Class Type
On Campus Course
Syllabus Information
Textbooks
College Accounting (Chapters 1-12), 5th Edition, Paradigm Publishing
ISBN: 978-0-76383-495-1
College Accounting (Chapters 1-12) Study Guide & Working Papers, 5th Edition, Paradigm Publishing
ISBN: 978-0-76383-491-3
Supplies
-
Textbooks - College Accounting (Chapters 1-12), 5th Edition, Paradigm Publishing
ISBN: 978-0-76383-495-1 and
College Accounting (Chapters 1-12) Study Guide & Working Papers, 5th Edition, Paradigm Publishing
ISBN: 978-0-76383-491-3 - Short Ruler
- Solar Calculator
- Stapler
- Pencils (Automatic lead)
- Notebook for taking notes
- Large binder/folder for returned papers
- Stick Eraser
Student Performance
The student will define accounting terminology; analyze and record business transactions in a manual and computerized environment; complete the accounting cycle; prepare financial statements, and apply accounting concepts related to cash and payroll.
By the end of the semester, the student will be able to complete satisfactorily all of the Learning Outcomes (Minimum Competencies) with a competency level based on the completion of required examinations administered under the supervision of the instructor and evaluated according to the instructor’s grading scale in the Office Administration Department.
- Define accounting terminology.
- Analyze and record business transactions in a manual and computerized environment.
- Complete the accounting cycle.
- Prepare financial statements.
- Apply accounting concepts related to cash and payroll.
Students Rights and Responsibilities
Student Rights and ResponsibilitiesLog in using the AC Connect Portal
In order to receive your AC Connect Email, you must log in through AC Connect at https://acconnect.actx.edu .
If you are an active staff or faculty member according to Human Resources, use "Exchange". All other students, use "AC Connect (Google) Email".
Expected Student Behavior
Please turn off your cell phone before coming to class.
Grading Criteria
GRADING SCALE: 90-100 = A; 80-89 = B; 70-79 = C; 60-69 = D; <60 = F
INTRODUCTION TO ACCOUNTING 1303-001
Attendance (5%)
___ August 25 ___ September 29 ___ November 3
___ September 1 ___ October 6 ___ November 10
___ September 8 ___ October 13 ___ November 17
___ September 15 ___ October 27 ___ December 1
___ September 22 ___ December 8
Attendance Average .05 X ___ = _____
Homework (10%) .10 X ___ = _____
Weekly Tests (15%)
___ Chapter 1 ___ Chapter 4 ___ Chapter 7
___ Chapter 2 ___ Chapter 5 ___ Chapter 8
___ Chapter 3 ___ Chapter 6 ___ Chapter 9
Weekly Test Average .15 X ___ = _____
Major Exams (30%)
_____ Major Test on Chapters 1-3
_____ Major Test on Chapters 4-5
_____ Major Test on Chapters 6-10
Major Exams Average .30 X ___ = _____
Comprehensive Review Problems (25%)
_____ Comprehensive Review Problem #1, p. 213-214
_____ Problem 8-5A, Page 376-377
_____ Comprehensive Review Problem #2, p. 499-502
Comprehensive Review Problems Average .25 X ___ = _____
Comprehensive Final (15%)
Chapters 1-10 Comprehensive Final .15 X ___ = _____
Attendance
Employees in the business world are expected to be at work promptly each day; therefore, students in business classes are expected to be in class promptly each evening. This class meets one time each week. We have alot to cover every evening. Please be in your seat and ready to learn by 6:55 pm each evening. Class will start promptly at 7:00 pm. Your attendance in this class is counted as 5% of your grade.
Calendar
REMINDER: Staple all papers in order to be sure your name and class number are written at the top.
INTRODUCTION TO ACCOUNTING 1303-001
THURSDAYS, 7:00 – 9:45 PM
FALL, 2016
AUGUST 25—IN CLASS
____ Meet and Greet
____Discuss Needed Supplies
____Review of Syllabus
____Discuss Grading System
____Discuss Other Miscellaneous Items
____Discuss Introductory Pages 1-7
HOMEWORK DUE ON SEPTEMBER 1
____Read Chapter 1, The Nature of Accounting
____ Get Textbook, workbook, and all needed supplies
SEPTEMBER 1—IN CLASS
____Discuss Chapter 1
_____Discuss Use of Check Sheets and Weekly Test
_____Discuss Use of Study Partner CD
_____Chapter 1 Review Quizzes & Exercises if time allows
HOMEWORK DUE ON SEPTEMBER 8
_____Exercise 1-1, p. 41
_____Exercise 1-2
_____Exercise 1-3
_____Exercise 1-4
_____Exercise 1-5
_____Exercise 1-6
_____Exercise 1-7
_____Exercise 1-8
_____Case Problem, Group A, Problem 1-1A
_____Case Problem, Group A, Problem 1-2A
_____Case Problem, Group A, Problem 1-4A
_____Read Chapter 2, Recording Business Transactions
_____Study for Weekly Test on Chapter 1
SEPTEMBER 8—IN CLASS
____Turn in Homework and Check Sheets
_____10’ Q & A Session on Chapter 1
_____Discuss Chapter 2
_____Weekly Test on Chapter 1 @ 9:15 pm (Turn in by 9:50 pm)
HOMEWORK DUE ON SEPTEMBER 15
_____Exercise 2-1
_____Exercise 2-2
_____Exercise 2-3 (Skip 2-4)
_____Exercise 2-5
_____Exercise 2-6
_____Case Problem Group A Problem 2-1
_____Case Problem Group A Problem 2-2
_____Case Problem Group A Problem 2-3 (Skip Case Problem 2-4)
_____Case Problem Group A Problem 2-5
_____Read Chapter 3, Starting the Accounting Cycle for a Service Business
SEPTEMBER 15—IN CLASS
_____Turn in Homework and Check Sheets
_____Return Weekly Test on Chapter 1—discuss
_____10’ Q & A Session on Chapter 2
_____Discuss Chapter 3
_____Weekly Test on Chapter 2 @ 9:15 pm (Turn in by 9:50 pm)
HOMEWORK DUE ON SEPTEMBER 22
_____Exercise 3-1
_____Exercise 3-2
_____Exercise 3-3
_____Exercise 3-4
_____Exercise 3-5
_____Exercise 3-6
_____Exercise 3-7
_____Case Problem Group A Problem 3-1
_____Case Problem Group A Problem 3-2
_____Case Problem Group A Problem 3-3
_____Case Problem Group A Problem 3-4
_____Read Chapter 4, The Accounting Cycle Continued, Worksheet, Financial Statements, Adjusting Entries
SEPTEMBER 22—IN CLASS
_____Turn in Homework and Check Sheets
_____Return Weekly Test on Chapter 2—discuss
_____10’ Q & A Session on Chapter 3
_____Discuss Chapter 4
_____Weekly Test on Chapter 3 @ 9:15 pm (Turn in by 9:50 pm)
HOMEWORK DUE ON SEPTEMBER 29
_____Exercise 4-1
_____Exercise 4-2
_____Exercise 4-3
_____Exercise 4-4
_____Exercise 4-5
_____Exercise 4-6
_____Exercise 4-7
_____Case Problem Group A Problem 4-1
_____Case Problem Group A Problem 4-2
_____Case Problem Group A Problem 4-3
_____Read Chapter 5, Completing the Accounting Cycle for a Service Business
_____Study for Major Test #1 on Chapters 1-3
SEPTEMBER 29—IN CLASS
_____Tutoring for Major Test #1 on Chapters 1-3 (6:00 pm – 6:45 pm)
_____Turn in Homework and Check Sheets
_____Return Weekly Test on Chapter 3—discuss
_____10’ Q & A Session on Chapter 4
_____(7:30 – 8:45) Take Major Test #1 and Take a Break (Be back in class at 8:55 pm)
_____Discuss Chapter 5, Completing the Accounting Cycle for a Service Business until 9:45 pm
HOMEWORK DUE ON OCTOBER 6
_____Take home Weekly Test on Chapter 4
_____Exercise 5-1
_____Exercise 5-2
_____Exercise 5-3
_____Exercise 5-4
_____Exercise 5-5 (Skip Exercise 5-6)
_____Exercise 5-7
_____Exercise 5-8
______Case Problem Group A, Problem 5-3
______Read Chapter 6, Internal Control and Accounting for Cash
OCTOBER 6—IN CLASS
_____Turn in Homework and Check Sheets
_____Turn in Weekly Test on Chapter 4
_____Return Major Test #1, Discuss
_____Complete Chapter 5 Discussion
_____Discuss Comprehensive Review Problem #1, p. 213-214 (Due October 23)
_____Begin our discussion of Chapter 6
_____Take Weekly Test on Chapter 5 at 9:15 pm (Turn in by 9:50 pm)
HOMEWORK DUE ON OCTOBER 13
_____Work on Comprehensive Review Problem #1, p. 213-214 (Bring questions to class—(Help from 6:00– 6:55 pm before class next week.)
_____Study for Major Test #2—Chapters 4 and 5
Do the problems for the part of the lesson that has been covered:
_____Exercise 6-1
_____Exercise 6-2
_____Exercise 6-3
_____Exercise 6-4
_____Exercise 6-5
_____Exercise 6-6
_____Exercise 6-7
_____Exercise 6-8
_____Exercise 6-9
_____Exercise 6-10
_____Case Problem Group A Problem 6-3
_____Case Problem Group A Problem 6-4
OCTOBER 13—IN CLASS
_____Tutoring for Major Test #2 on Chapters 4-5 and Comprehensive Review Problem #1
(6:00 pm – 6:55 pm)
_____Turn in Homework and Check Sheets
_____Return Weekly Test on Chapter 4
_____Return Weekly Test on Chapter 5
_____Take Questions for Test on Chapters 4-5
_____(7:30 – 8:45) Take Major Test #2 and Take a Break (Be back in class at 8:55 pm)
_____Complete the Discussion on Chapter 6
_____Work on Comprehensive Review Problem until 9:45 pm unless already turned in
HOMEWORK DUE ON OCTOBER 27
_____Complete Comprehensive Review Problem #1
_____Complete any homework on Chapters 1-5 that you are behind on—deadline is next week
_____Finish the rest of the assignments for Chapter 6 (see list above)
_____Read Chapter 7, Accounting for a Merchandising Business, Purchases and Cash Payments
OCTOBER 27—IN CLASS
_____Turn in Comprehensive Review Problem #1 and take Audit Test
_____Turn in all homework and Check Sheets not already turned in for Chapters 1-5 (Deadline)
_____Turn in homework and Check Sheets for Chapter 6
_____Return Major Test #2 and Discuss
_____Discuss Chapter 7, Part I
_____Take Weekly Test on Chapter 6 @ 9:15 pm (Turn in by 9:50 pm)
NOVEMBER 3—IN CLASS
_____Return Weekly Test on Chapter 6
_____Complete Discussion of Chapter 7
HOMEWORK DUE ON NOVEMBER 10
_____Exercise 7-1
_____Exercise 7-2
_____Exercise 7-4
_____Exercise 7-7
_____Case Problem Group A, Problem 7-2
_____Case Problem Group A, Problem 7-3
_____Case Problem Group A, Problem 7-4
_____Case Problem Group A, Problem 7-5
_____Read Chapter 8, Accounting for a Merchandising Business, Sales and Cash Receipts
NOVEMBER 10—IN CLASS
_____Turn in Homework and Check Sheets
_____15’ Q & A Session for Chapter 7
_____Take Weekly Test on Chapter 7 (45’)
_____Discuss Chapter 8
HOMEWORK DUE ON NOVEMBER 17
_____Exercise 8-1
_____Exercise 8-4
_____Exercise 8-6
_____Exercise 8-7
_____Exercise 8-8
_____Exercise 8-10
_____Case Problem Group A, Problem 8-1
_____Case Problem Group A, Problem 8-2
_____Start Case Problem 8-5, p. 376-377, Due November 19
_____Read Chapter 9, Worksheet and Adjustments for a Merchandising Business
NOVEMBER 17—IN CLASS
_____Tutoring Before class on Case Problem 8-5A, p. 376-377 (6:00 pm – 6:45 pm)
_____Turn in Homework and Check Sheets
_____Return Weekly Test on Chapter 7
_____10’ Q & A Session for Chapter 8
_____Take Weekly Test on Chapter 8 (45’)
_____Discuss Chapter 9
_____Take Questions on Case Problem 8-5A--Due November 20
NOVEMBER 24—THANKSGIVING HOLIDAY—NO CLASS TONIGHT
HOMEWORK DUE ON DECEMBER 1
_____Case Problem 8-5A
_____All work for Chapters 6, 7, 8 which has not been turned in yet
_____Exercise 9-1
_____Exercise 9-2
_____Exercise 9-3
_____Exercise 9-4
_____Exercise 9-5
_____Exercise 9-6
_____Case Problem Group A, Problem 9-4
_____Read Chapter 10, Financial Statements and Closing Entries for a Merchandising Business
_____Start on Comprehensive Review Problem #2, p. 499-502 (Due December 3)
DECEMBER 1—IN CLASS
_____Tutoring Before class on Case Problem 8-5A (6:00 pm – 6:55 pm
_____Turn in Case Problem 8-5A and take Audit Test
_____Turn in all homework and Check Sheets not already turned in for Chapters 6-8 (Deadline)
_____Turn in Homework and Check Sheets
_____Return Weekly Test on Chapter 8
_____10’ Q & A for Chapter 9
_____Discuss Chapter 10
__________________________________________________________________________________________________________
HOMEWORK DUE ON DECEMBER 8
_____Take Home Weekly Test for Chapter 9
_____Complete Comprehensive Review Problem #2, p. 499-502
_____Exercise 10-1
_____Exercise 10-2
_____Exercise 10-3
_____Exercise 10-4
_____Exercise 10-5
_____Exercise 10-6
_____Exercise 10-8
_____Study for Major Test #3 (Chapters 6-10)
DECEMBER 8—IN CLASS
_____Turn in Comprehensive Review Problem #2 and Take Audit Test
_____Turn in Homework and Check Sheets
_____Turn in Take Home Weekly Test on Chapter 9
_____In-class review for Major Test #3 on Chapters 6-10
_____Major Test #3
HOMEWORK DUE ON DECEMBER 15
_____Review for Final on Chapters 1-10
_____Turn in checksheets for Chapters 9 & 10
_____Complete any homework not turned in for Chapters 9 and 10
DECEMBER 15 IN CLASS
_____ Take Final
Additional Information
August 22, 2016—Classes Begin
September 5, 2016--Labor Day Holiday (College closed)
October 17-23, 2016—Fall Break (faculty and students
November 22, 2016—Last Day to Withdraw
November 22-27—Thanksgiving Holiday
Syllabus Created on:
08/16/16 5:54 PM
Last Edited on:
08/17/16 9:20 PM