Accounting II Syllabus Ms. Garrett Room 4204

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Accounting II SyllabusMs. GarrettRoom 4204

• Welcome!
• I. What is Accounting?
• Something to do with money? Thats what most
  students say when I ask them that question. Its
  my job this semester to provide you with a better
  answer!
• Basically accounting has to do with planning,
  recording, analyzing and interpreting financial
  information. In this class we will spend time
  breaking this down and seeing what it means in
  the real world. You learned a lot in Accounting I
  -- expect to greatly expand on that knowledge in
  your second semester of study!
• II. What will be taught in Accounting II
• Accounting procedures for merchandising
  businesses organized as partnerships and
  corporations. We will go through the process of
  setting up these types of businesses and keeping
  all their records. Some specific topics
• Recording purchases and cash payments using
  special journals.
• Accounting for uncollectible Account Receivables
• Accounting for plant assets and depreciation
• Accounting for inventory
• Accounting for notes and interest
• Distributing dividends and preparing financial
  statements for corporations.
• A Business simulation! This is an amazing
  culminating activity. We will spend the last four
  weeks of the semester doing all of the accounting
  work for a business organized as a corporation.
  This includes journalizing transactions, posting,
  preparing financial statements, issuing checks
  and performing closing entries at the end of the
  fiscal period.

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Accounting II SyllabusMs. GarrettRoom 4204

• III. Computerized Accounting
• This is a computerized Accounting course.
  However, expect to be doing manual accounting
  well. Sometimes you flat out need to do it by
  hand to fully understand whats going on! You
  will have the opportunity to complete accounting
  problems using Peachtree Accounting Software.
• IV. Grading
• You will be graded on a total points basis. You
  earn points from in class assignments, homework
  assignments, study guides, tests and quizzes.
• The grading scale is as follows
• 100-93 A
• 90-92 A-
• 89-87 B
• 86-83 B
• 82-80 B -
• 79-77 C
• 76-73 C
• 72-70 C-
• 69-67 D
• 66-63 D
• 62-60 D-
• 59-0 E
• V. Materials
• Text and Workbook Glencoe Accounting Real
  World Applications and Connections