Accounting & Finance I Assignments (subject to change)

Google Meet/Youtube Videos

Youtube videos for Accounting 1 (These are to help with problems you may have, they are not required)

Oct

Test Chapter 3

  • Objective: Record accounting transactions in a general journal.
  • DUE: OCTOBER 12

Oct

DUE: Recycling Problem 3

Oct

DUE: Chapter 3 Problems

Recycling Problem 3

Sep 16

DUE: Recycling Problem 2

Chapter 3: Record accounting transactions in a general journal.

  • Learning Objectives After studying Chapter 3, in addition to defining key terms, you will be able to:
    • LO1 Define what a journal is and explain why it is used to record transactions.
    • LO2 Compare and contrast different types of source documents.
    • LO3 Identify the four parts of a journal entry.
    • LO4 Analyze and record cash transactions using source documents.
    • LO5 Analyze and record transactions for buying and paying on account.
    • LO6 Analyze and record transactions that affect owner’s equity.
    • LO7 Analyze and record sales and receipt of cash on account.
    • LO8 Prove and rule a journal.
    • LO9 Demonstrate how to prove cash.
    • LO10 Identify and correct errors using standard accounting practices.
  • Problems
    • Study Guide
    • As a class

Sep 6

Chapter 2

  • LO1 Show the relationship between the accounting equation and a T account.
  • LO2 Identify the debit and credit side, the increase and decrease side, and the balance side of various accounts.
  • LO3 Restate and apply the two rules that are associated with the increase side of an account.
  • LO4 Restate and apply the four questions necessary to analyze transactions for starting a business into debit and credit parts.
  • LO5 Analyze transactions for operating a business into debit and credit parts.Objective: Analyze how transactions affect the accounting equation
  • Problems

Sep 1

DUE: Chapter 2 Recycling Problem

Aug 30

Quiz: Accounting T

Q1 Pretest Chapter 4 Test

DUE Chapter 1

  • Only submit Probelms M and C

Chapter 2 Recycling Problem

Aug 24-26

Chapter 1: Analyze how transactions affect the accounting equation

  • LEARNING OBJECTIVES After studying Chapter 1, in addition to defining key terms, you will be able to:

    • LO1 Describe the different users of accounting information.
    • LO2 Prepare a net worth statement and explain its purpose.
    • LO3 Classify accounts as assets, liabilities, or owner’s equity and demonstrate their relationship in the accounting equation.
    • LO4 Analyze the effects of transactions on the accounting equation.
    • LO5 Distinguish between cash and on account transactions.
    • LO6 Compare and contrast the types of transactions that increase and decrease owner’s equity.
    • LO7 Explain the difference between expenses and liabilities.
  • Study Guide
  • Problems

Aug 23

Accounting T notes for Quiz next week

Aug 22

Course requirements/expectations

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Student Syllabus Verification

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