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N W T C - M a r i n e t t e:  7 1 5 - 7 3 5 - 9 3 6 1

NWTC-Marinette - Summer 2007

 Accounting 1- Video Conference Accelerated

Class Number  Subject  Catalog Number  Section  Description  Credits  Hours  Status  Seats Available  Number on Waitlist  

51343 ACCOUNT 10101110 04 Accounting 1 4 90.00 Open 13 0 Session: Regular  Time: Room: Dates: 4:30PM 9:30PM W Marinette Video Conf. Room 111 06/04/2007 -08/13/2006 Instructor: Cook, Lloyd R. Enrollment Capacity: Wait List Capacity: Mode of Instruction: 5  5 Video Conference/Accelerated
10-101-110 ACCOUNTING 1 ...accounting principles, financial statements, business transactions, accounting cycles/systems, specialized journals, accounting for cash, receivables..  E-mail:  
Class Notes: This is a Live Video Conference class. This is an ACL (Accelerated) class.  Textbooks for Accelerated classes are available two weeks prior to the class start date. VC Version (large font) of this syllabus... click here.
 

Southwest Publishing/Thomsen Learning

Textbook, Working Papers, and Practice Set:
* Accounting, 22^nd edition, by Warren, Reeve, & Duchac
   Warren Reeve Duchac - Southwestern Publishing
    ISBN-10: 0324401841 © 2007.  Warren - Accounting 22e
* Accounting Working Papers Plus, 22^nd edition, Chapters 1 – 17
* Tee Time Merchandise Practice Set

Do you know who this is?
Do you know what he is accused of doing?

Prerequisites:  None (this is the beginning...)

Supplies for the student:
  Texas Instrument BAII Plus Calculator
  Notebook
  Pencils
  Erasers
Also:
  Access to e-mail
  Access to the internet

Syllabus
(Revision # 2, Sunday August 05, 2007 07:14:46 PM, based on the syllabus of Janet Dausey - Marinette Campus)

At the completion of the course, the learner will be able to demonstrate a working knowledge of the basic
accounting cycle as well as account for transactions for sole proprietors.

Course Description:  This course provides the opportunity for the learner to develop the knowledge skills process
and understanding of the following competencies:

1. Relate the purpose of Generally Accepted Accounting Principles.
2. Journalize service business transactions.
3. Post journal entries.
4. Prepare a trial balance.
5. Prepare adjusting entries.
6. Prepare financial statements.
7. Complete the closing process.
8. Utilize special journals.
9. Journalize merchandising business transactions.
10. Account for cash.
11. Account for receivables.

Accelerated Course Outline with Timeline (yes, it's a tight schedule but I think we can do it...)

Accounting 1 Course Calendar - Summer 2007 Adapted from the Syllabus of Janet Dausey
Session	Date	Topic	Chapter(s)	Assigned Today	Due Today
1	06/04	Introduction to Accounting & Business Analyzing Transactions	1 & 2	Chapter 1 & 2 Homework	N/A
2	06/11	Analyzing Transactions	2	Read Chapter 3 Chapter 3 Homework	Chapter 1 Homework Problem 1-4A
3	06/18	The Adjusting Process	3	Read Chapter 4 Chapter 4 Homework	Chapter 2 Homework Problem 2-3A Test 1:  Chapters 1 & 2
4	06/25	Completing the Accounting Cycle	4	Read Chapter 5 Chapter 5 Homework	Chapter 3 Homework Problem 3-1A
5	07/02	Accounting Systems	5	Read Chapter 6 Chapter 6 Homework	Chapter 4 Homework Problem 4-2A Test 2:  Chapters 3 & 4
6	07/09	Accounting for Merchandising Businesses	6	Tee Time Merchandise Practice Set	Chapter 5 Homework Problem 5-5A
7	07/16	Accounting for Merchandising Businesses	6	Read Chapter 8 Chapter 8 Homework	Chapter 6 Homework Problem 6-1A
8	07/23	Sarbanes-Oxley, Internal Control, and Cash	8	Read Chapter 9 Chapter 9 Homework	In class: Finish PPT Ch 6 Review HW Ch 6 Do Comprehensive Review - Test 3
9	07/30	Receivables	9	Work on the Practice Set	Test 3:  Chapters 5 & 6 Review PPT Ch 8 Review HW Ch 8 Problem 8-3A
10	08/06	More Receivables	9	Finish the Practice Set	Review PPT Ch 9 Review HW Ch 9 Do Comprehensive Review - Test 4
11	08/13	Test 4: Chapters 8 & 9 Practice Set Test	Review And Testing	N/A	Problem 9-1A Test 4: Chapters 8 & 9 Practice Set Test Turn in Practice Set Pizza Party

 

Accounting 1 Assessment and Learning Activities Summary
Chapter	Homework		Chapter Tests	Practice Set Test
	Exercises	Problems
1	1-1, 1-5, 1-6, 1-8, 1-18, 1-19, 1-21	1-1A, 1-2A, 1-3A, 1-4A	Test 1 – Chapters 1 & 2
2	2-1, 2-8, 2-9, 2-13, 2-21, 2-22	2-1A, 2-2A (Instructions 1 – 3 only), 2-3A, 2-4A
3	3-3, 3-6, 3-8, 3-10, 3-13, 3-18	3-1A, 3-2A, 3-3A, 3-5A	Test 2 – Chapters 3 & 4
4	4-1, 4-2, 4-3, 4-10, 4-14, 4-18, 4-20	4-1A, 4-2A, 4-5A
5	5-1, 5-3, 5-4, 5-6, 5-10, 5-11, 5-12, 5-18	5-2A, 5-4A, 5-5A	Test 3 – Chapters 5 & 6
6	6-4, 6-6, 6-8, 6-11, 6-25, 6-32	6-1A, 6-3A, 6-4A, 6-5A		Tee Time Merchandise Practice Set and Test
8	8-2, 8-10, 8-12, 8-13, 8-15, 8-16, 8-17, 8-24	8-2A, 8-3A, 8-4A, 8-5A	Test 4 – Chapters 8 & 9	Tee Time Practice Set Check Figures Here 080507
9	9-3, 9-4, 9-5, 9-6, 9-11, 9-12, 9-13, 9-20, 9-22, 9-23, 9-30, 9-31	9-1A, 9-4A, 9-5A

During the semester, we'll see PowerPoint presentations, videos, use the text, use the internet as a resource, solve problems, use a dictionary, use your calculators or calculate in your head (preferred), meet some important people, and... hopefully, have a little fun too...

Course Calendar: (Accelerated Course Outline with Timeline Above)

Grading Policy:

Each student starts with an "A"

In order to keep your "A" throughout the course, you will need to complete the following::

Note:  This is the new, required (standardized) grading scale:  A=90-100, B=80-89, C=70-79, D =60-69, F=below 60
For Accounting 1 there will NOT be a standard final exam.

Chapter Tests & Finders Test		80%	Standardized tests are required and account for 80% of your grade
Homework & Quizzes (1 per Ch)		20%	HW Due weekly & covered weekly in class, Quizzes due after ea Ch is covered
Team/Special Projects & Extra Cr		05%	Several opportunities during the semester
Total Possible		105%
Needed to keep your "A"		A=90-100%
Other:
1.  Attendance is required.  An attendance sheet will be passed around each night of class.  Your class participation is directly proportional to your attendance. You can't participate if you don't attend classes, can't review and hand in homework on-time, can't participate in Team Projects/Presentations.  It's your choice of course...
2.  While individual performance is important, team performance, and the ability to work with and solve problems as a team of accountants is also important.  Teams will be expected to work together to solve the Projects as assigned. Team work in the "real" working world happens all of the time, in the accounting as well as other professions.  Therefore, each team member is encouraged to give 100% to his/her team.  While this only represents a small portion of your grade, I think it is valuable for you to be able to work together and present your findings, as a team, in front of the class.  Presentations are an integral part of the "real" business world too and practicing making presentations in front of a "friendly" group will make it easier for you to function well in the work place.
3.  Additional student on-line resources:
A.	World Lecture Hall
B.	Glossary of Accounting Terms, Acronyms, and Abbreviations - NYSSCPA
C.	Financial Accounting Standards Board (FASB), the Governmental Accounting Standards Board (GASB) and the Federal Accounting Standards Advisory Board (FASAB)
D.	Luca Pacioli - 1494 - The Father of Accounting? According to WikipediA...The Free Encyclopedia Outline of Pacioli's Treatise on Double Entry Bookkeeping
E.	The History of Accounting - ACAUS
F.	History of Accounting - Accounting Advice (the "old" set of Generally Accepted Accounting Principles?"
G.	GAAP vs OCBOA - Accounting Advice
H.	Who Was The First Accountant? "Amatino Manucci 1299, Florentine merchant, developed the first known financial records that included all major components of double entry bookkeeping"
I.	www.inette.com click on NWTC-Marinette (top of page), click on "One" on left and you are here.
J.	Our Textbook Accounting 21e - Warren, Reeves, & Fess.  Southwest Publishing
4.  Tests account for 80% of your grade. Please attend all classes,  keep up with the homework and bring it to class when due, keep up with your on-line quizzes and read the chapters as assigned.
5.  If you are having problems with any of the material, please use the resources of your team first.  If you still have questions, please call me at my office or e-mail me and I'll be glad to assist you. (ask for my office number.)
6.  Our objective is to learn as much as possible about Accounting One, get to know each other, become more comfortable presenting our ideas, use the technological tools at our disposal and…have a little fun…along the way!
7.  Quizzes are on-line.  Click on the book above.  Click on Interactive Study Center on top left.  Select a Chapter (drop down box on top right.)  Click on Interactive Quiz.  Take the quiz, go back and recheck "troublesome" questions, correct them and e-mail them to the instructor.  (my e-mail is listed at the top and the bottom of this on-line syllabus page.  Note:  Make sure that you put your name on your quiz before you e-mail it to me.  Thanks!
8.  Tests. See above as they count for 80% of your grade.
9.  Disclaimer:  This syllabus, a contract between the student and the instructor, is subject to change.  Please consider this the 1st draft and when the final revision is complete I will give you a new one. Date of this revision:  Sunday August 05, 2007 07:14:46 PM

DEBITS Debit comes from the Italian “debito” which comes from the Latin “debita” and “debeo” which means: OWED TO the proprietor or an asset of the proprietor Source: Dr. Anders’ World Famous "A Brief History of Accounting"

CREDITS Credit comes from the Italian “credito” which comes from the Latin “credo” which means: Trust or belief (in the proprietor) or OWED BY the proprietor

DEBITS Debits (always on the left...)   Increase Assets & Expenses   Decrease Liabilities, Equity, & Revenues

CREDITS Credits: (always on the right...)   Increase Liabilities, Equity, & Revenue  Decrease Assets & Expenses

Copyright © 1996 - 2007 Lloyd Cook
E-mail:
BS - Managerial Accounting - UW-Green Bay.
5 year teaching certificate - Accounting/Computer Applications -
  WI Technical College System
Certified Accelerated Learning Facilitator - NWTC-Green Bay
Adjunct Instructor (MS Office, Windows XP, Digital Photography, Scanners, Internet, E-mail & Web Design,
   All Accounting Courses, Economics & Credit Procedures) - NWTC-Marinette
Adjunct Instructor (Managerial Accounting) - Silver Lake College, Manitowoc, WI (NWTC-Marinette Campus)
Adjunct Instructor (MS Office, Windows, Adobe PhotoShop, Internet, Web Design, & College For Kids) UW-Marinette.
Certified Web Master. Member of: National Society of Accountants  International Webmasters Association (IWA)
 Internet Society (ISOC)  Html Writers Guild (HWG)
Last updated Sunday, August 05, 2007 Home