Course Description: Students will learn about accounting careers and double-entry accounting which includes analyzing transactions to determine debits and credits, journalizing transactions and posting to a ledger, then taking a trial balance, preparing financial statements and closing the ledger—all for a sole proprietorship and for a partnership. Practical application will take place through the use of Mini Practice Sets, the Adventure Travels Simulation and the use of Accounting Software.

Text= Glencoe Accounting: Real-World Applications & Connections

Unit 1	Unit Topic: Introduction to Accounting
Chapter 1	You and the World of Accounting
Chapter 2	The World of Business and Accounting
Unit 2	Unit Topic: The Basic Accounting Cycle
Chapter 3	Business Transactions and the Accounting Equation
Chapter 4	Transactions that Affect Assets, Liabilities, and Owner’s Equity
Chapter 5	Transactions that Affect Revenue, Expenses, and Withdrawals
Chapter 6	Recording Transactions in a General Journal
Chapter 7	Posting Journal Entries to General Ledger Accounts
Mini Practice Set 1	Canyon.com Web Sites
Chapter 8	The Six-Column Work Sheet
Chapter 9	Financial Statements for a Sole Proprietorship
Chapter 10	Completing the Accounting Cycle for a Sole Proprietorship
Chapter 11	Cash Control and Banking Activities
Mini Practice Set 2	Fast Track Tutoring Service
Chapter 27	Introduction to Partnerships
Chapter 28	Financial Statements and Liquidation of a Partnership
Mini Practice Set 6	Fine Finishes
Unit 3	Unit Topic: Accounting for a Payroll System
Chapter 12	Payroll Accounting
Chapter 13	Payroll Liabilities and Tax Records
Mini Practice Set 3	Green Thumb Plant Service
Business Simulation	Adventure Travels

Course Objectives:

The Student will:

1. Know accounting terminology related to accounting systems for a service business (sole proprietorship & partnership).

2. Understand accounting concepts and practices related to an accounting system for a service business (sole proprietorship & partnership).

3. Become proficient with math and calculating skills related to accounting.

4. Become acquainted with automated accounting procedures.

5. Take financial data and use it to interpret and analyze financial conditions of business.

Major Assignments/Quizzes

1. Application problems with each chapter.

2. Application quiz/test with each chapter.

3. Chapter questions

4. Mini Practice Sets and Business Simulation.

Evaluation/Grading**

Student performance will be evaluated on a regular basis during class time. Assignments, projects, and exams will be translated to points earned. Grades are calculated on a percentage system based on total possible points.

Letter Grade	Percentage	Letter Grade	Percentage
A	97-100	C	79-81
A-	94-96	C-	76-78
B+	91-93	D+	73-75
B	88-90	D	70-72
B-	85-87	D-	67-69
C+	82-84	NC	66 or below

**This class is articulated with the Alexandria Technical College and allows PPHS students to attain college credit with a grade of B or better.

Contact Information:

Mr. Todd Tumberg

Email: ttumberg@isd547.com

Phone: (218) 338-6011, x102

I am available to meet with students from 7:45 a.m. till the start of school day.