Accounting II

Teacher: Jeannette Mesa

Length: 1 Year

Credits: One

Grade: 11th, 12th

Prerequisite: Accounting I with a "C" or better.

Course description: Basic accounting procedures are reviewed. The student's basic accounting skills are then expanded to include more complex procedures for corporate and partnership accounting. Final emphasis is placed on developing the student's ability to make intelligent business decisions based on the data he has learned to record and organize.

Course Objectives: Students will be able to accomplish the following: 1. Develop a general understanding of the fundamentals of the enterprise system. 2. Gain an understanding of the internal workings of a business enterprise. 3. Develop an adequate understanding of the complete accounting cycle. 4. Acquire enough understanding to be able to keep a simple set of books for a small business. 5. Stress logic, rather than memorizing principles. 6. Develop a meaningful accounting vocabulary. 7. Stress importance of carefully reading and following all instructions. Develop habits of double-checking figures.

Supplies Needed: Calculator 1 Two-Pocket Folder Pen/Pencil Notebook paper for class notes

Course Activities: Class instructions will consist of lectures, business simulations (partnership & corporation), filing income tax returns, payroll, preparing partnership agreements, analyzing source documents, recording transactions in special journals, posting, preparing worksheets, financial statements, adjusting and closing entries for partnership and corporate business.

Student Responsibility: Accounting II requires a great deal of written homework and seat work. Your teacher will attempt to give class time to accomplish accounting problems with new learning. Many other accounting problems will be assigned as homework. Some will be short, others will be extremely long. Each student is expected to have assigned work completed by the beginning of class. Basic understanding of accounting procedures can only occur from actual hands-on experience (meaning do your homework). All students are expected to keep completed problems in a folder or binder whether the problems are graded or not. All assigned problems will be collected at the end of the quarter. This folder is expected to be complete, neat, and in order.

Grading Criteria: Your grade per quarter will be computed according to a weighted average formula. The wrights for first quarter follows:

Factors to be Evaluated Weighted % of Final Grade

Final Exam/Project 40% Chapter Tests 30% Homework/Quizzes 20% Complete End of Quarter Folder 10%