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					                                                                         DRAFT

                                                                     Accounting
                                                                         HBT 1082

HBT 1082 Accounting
Credit: 1.0 Practical Arts/Technology
Grade: 10, 11, 12
Term: 2 Semesters
Book: Thompson South-Western Multicolumn Journal Century 21 Accounting 9E
Supplemental Materials: Automated Accounting, Peachtree, Quickbooks, Microsoft Excel, Student workbooks,
Simulations, Teacher Guide and resource package (Tests & Test keys, simulation keys, study guides and study guide
keys)

Accounting is the language of business. Accountants plan, record, analyze, and interpret financial information to help
managers and owners make business decisions. Accounting offers students an entry-level job skill, in addition to
developing the personal knowledge necessary for managing checking accounts, filing income taxes, and understanding
stock reports.

Upon successful completion of this course, students will demonstrate proficiency in
    Academic standards of reading, writing, and mathematics;
    Occupational standards of communication, organization, technology, thinking skills, work qualifications; and
    Content standards specific to this course as detailed in the pacing guide below.


      Academic Standards                           CTE Standards                        Occupational
                                                                                         Standards
RW1.0 - Students read and understand     AC01 Complete and explain the               COM1.0 - Demonstrates
a variety of materials.                  purpose of the various steps in the         the ability to receive and
RW4.0 - Students apply thinking skills   accounting cycle.                           relay information clearly and
to their reading, writing, speaking,     AC02 Apply generally accepted               effectively
listening and viewing.                   accounting principles to determine the
RW5.0 - Students read to locate,         value of assets, liabilities, and owner’s   ORG2.0 - demonstrates the
select, and make use of relevant         equity.                                     ability to work effectively
information from a variety of media,     AC03 Prepare, interpret, and analyze        and efficiently
reference, and technological sources.    financial statements using manual



APS Bus&Tech HS Pacing Guide                                            Revised 11/28/07                                 1
                                                                          DRAFT

MA1.0 - Students develop number             systems for service businesses.          TECH5.0 - Demonstrates
sense and use numbers and number            AC04 Prepare, interpret, and analyze     the ability to work with a
relationships in problem-solving            financial statements using manual        variety of technologies and
situations and communicate the              systems for merchandising businesses.    equipment
reasoning used in solving these             AC05 Prepare, interpret, and analyze
problems.                                   financial statements using manual        TS3.0 - Demonstrates the
MA2.0 - Students use algebraic              systems for manufacturing businesses.    ability to use reasoning
methods to explore, model, and describe     AC06 Prepare, interpret, and analyze
patterns and functions involving            financial statements using               WQ4.0 - demonstrates the
numbers, shapes, data, and graphs in        computerized systems.                    characteristics of an effective
problem-solving situations and              AC07 Apply appropriate accounting        worker
communicate the reasoning used in           principles to various forms of
solving these problems.                     ownership (including corporate).
MA6.0 - Students link concepts and          AC08 Apply appropriate accounting
procedures as they develop and use          principles to income taxation.
computational techniques, including
estimation, mental arithmetic, paper-and-   AC09 Apply appropriate accounting
pencil, calculators, and computers in       principles to managerial systems.
problem-solving situations and              AC10 Apply appropriate accounting
communicate the reasoning used to           principles to payroll.
solve…                                      AC11 Use planning and control
                                            principles to evaluate the performance
                                            of an organization.
                                            AC12 Apply differential analysis and
                                            present-value concepts to make
                                            decisions.
                                            AC13 Apply ethical and recognized
                                            accounting standards to accounting
                                            practices.




                                                                       Pacing Guide




APS Bus&Tech HS Pacing Guide                                             Revised 11/28/07                              2
                                                                 DRAFT

Week                  Unit of Study                      Essential Question: How is the accounting
1-12       Accounting for a Sole Proprietorship          cycle and equation affected by the day-to-day
                                                         transactions for a sole-proprietorship?

                                                         ASSESSMENT: By the end of the 1st 9
                                                         weeks, the final assessment will be the
                                                         completion of the reinforcement activity or
                                                         simulation for the entire accounting cycle for a
                                                         sole-proprietorship.

1st     By the end of quarter 1 students will be able
Qrt     to:
Week
1-9           A.    Define and identify concepts
                    practiced in starting a business
              B.    Identify accounting practices and
                    analyze them into debit and credit
                    parts
              C.    Complete journals and worksheets

        Be able to prepare a Balance Sheet, an Income
        statement, and a Chart of Accounts


                      Critical Content                   Student outcomes in measurable terms
1-2     Chapter 1 (Classroom Management)
                                                         Define accounting terms, identify concepts
              A.    Vocabulary                           practiced in starting a business, classify assets,
              B.    Sole Proprietorship                  liabilities and OE and analyze how transactions
              C.    Assets=Liabilities + OE              affect accounts in the accounting equation.
              D.    Effects of Transactions
              E.    Balance Sheet




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                                                                     DRAFT

3       Chapter 2
                                                             Identify accounting practices which help in
              A.     Vocabulary                              analyzing debit and credit parts that affect the
              B.     T accounts                              accounting equation.
              C.     Chart of Accounts
              D.     Debit, Credit, normal balances

4-5     Chapter 3
                                                             Identify accounting practices which help in
              A.     Vocabulary                              analyzing debit and credit parts into a 5-column
              B.     Journalizing transactions               journal for organization and to prove accuracy of
              C.     5-column journal                        the journal.
              D.     Prove and totaling journals

6       Chapter 4
                                                             Utilize posting entries to convert monetary values
              A.     Vocabulary                              in the journal to separate accounts. Analyze and
              B.     Opening and file maintenance of the     journalize correcting entries.
                     general ledger
              C.     Posting from the journal
              D.     Correcting entries

7       Chapter 5
                                                             Reconcile and journalize the related information
              A.    Vocabulary                               for handling banking information and
              B.    Cash control accounting                  establishing and replenishing a petty cash fund.
              C.    Checking
              D.    Petty Cash


8       Chapter 6
                                                             Utilize appropriate procedures to complete a
              A.    Vocabulary                               worksheet, plan adjustments, and identify
              B.    Work Sheet                               procedures for finding and correcting errors in
              C.    Adjustments on the work sheet            accounting records.
              D.    Totaling and proving of the work sheet




APS Bus&Tech HS Pacing Guide                                        Revised 11/28/07                              4
                                                                   DRAFT

9       Chapter 7
End                                                        Utilize appropriate procedures to complete
              A.    Vocabulary                             financial statements and analyze the income
Qtr 1                                                      statement using the component percentages.
              B.    Prepare Income Statement
              C.    Prepare Balance Sheet
              D.    Analyze and interpret financial
                    statements

2nd     By the end of quarter 2 students will be able
Qrt     to:
Week
10-18         A.    Prepare and record adjusting and
                    closing entries
              B.    Complete the full accounting cycle
              C.    Identify and utilize practices in a
                    merchandising business
              D.    Complete subsidiary ledgers
              E.    Prepare and complete payroll forms
              F.    Prepare selected tax forms


10-11   Chapter 8
                                                           Identify and utilize the practices to finish the
              A.    Vocabulary                             accounting cycle for a service business organized
              B.    Record adjusting and closing entries   as a proprietorship.
              C.    Prepare post-closing trial balance
              D.    Temporary accounts




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                                                                   DRAFT

 12     Reinforcement Activity—Part A & B                  ASSESSMENT: Reinforcement-A presents
                                                           the part of the accounting cycle related to a
        Full accounting cycle                              service business organized as a proprietorship
                                                           dealing with transactions through posting.
                                                           Reinforcement-B has the students complete the
                                                           accounting cycle for the service business
                                                           organized as a proprietorship.




Week               Unit of Study              Essential Question: How does the
13-18 Accounting for a Merchandising Business accounting cycle differ and remain the same for
            organized as a Corporation        the merchandising business organized as a
                                                           corporation which additionally utilizes 5 journals
                                                           instead of one?

                                                           ASSESSMENT: By the end of the 2nd 9
                                                           weeks, the final assessment will be the
                                                           completion of the reinforcement activity or
                                                           simulation for the entire accounting cycle for a
                                                           merchandising firm.

13-14   Chapter 9-10
                                                           Identify and utilize the practices to journalize
               A.   Vocabulary                             transactions in 5 journals for a merchandising
               B.   Chart of Accounts, contra accounts,    business.
                    new accounts
               C.   Cash Receipts, Cash Payments, Sales,
                    Purchase and General Journal usage
               D.   Debit and Credit Memorandums




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                                                                   DRAFT

15-16   Chapter 11
                                                           Utilize posting entries to convert monetary values
              A.     Vocabulary                            in the journals to separate accounts in the
              B.     Subsidiary Ledgers                    general and subsidiary ledgers. Analyze and
              C.     Account Receivables and payables      journalize correcting entries affecting customer
              D.     Schedules of Account receivable and   accounts.
                     payable

17-18   Chapter 12-13
                                                           Complete payroll time cards and the payroll
              A.     Vocabulary                            register after calculating different types of taxes
              B.     Payroll Records                       associated with employee earnings. Record and
              C.     Taxes                                 analyze the payroll transactions for both the
              D.     Earnings Record                       employee and employer. Prepare selected tax
              E.     Employer Taxes                        reports.



 2nd             Unit of Study                             Essential Question: How does the
Sem Accounting for a Merchandising Business                accounting cycle differ and remain the same for
Week      organized as a Corporation                       the merchandising business organized as a
                                                           corporation which additionally utilizes 5 journals
1-18                                                       instead of one?

                                                           ASSESSMENT: By the end of the 2nd 9
                                                           weeks, the final assessment will be the
                                                           completion of the reinforcement activity or
                                                           simulation for the entire accounting cycle for a
                                                           merchandising firm.




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                                                                     DRAFT

3rd     By the end of quarter 3 students will be able
Qrt     to:
Week
1-9            A.     Utilize appropriate procedures to
                      complete a worksheet
               B.     Utilize appropriate procedures to
                      complete financial statements
               C.     Finish the accounting cycle for a
                      service business organized as a
                      proprietorship
               D.     Complete plan asset records

1        Chapter 14
                                                             Utilize appropriate procedures to complete a
               A.     Vocabulary                             worksheet, plan adjustments, and identify
               B.     Dividend Distribution                  procedures for finding and correcting errors in
               C.     Work Sheet preparation                 accounting records.


2-3      Chapter 15
                                                             Utilize appropriate procedures to complete
               A.     Vocabulary                             financial statements and analyze the income
               B.     Prepare and analyze the Income         statement using the component percentages.
                      Statement
               C.     Prepare Stockholders Statement
               D.     Prepare Balance Sheet

4        Chapter 16
                                                             Identify and utilize the practices to finish the
               A.     Vocabulary                             accounting cycle for a service business organized
               B.     Record adjusting and closing entries   as a proprietorship.
               C.     Prepare post-closing trial balance




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                                                                      DRAFT

5       Chapter 17
                                                              Identify and utilize the appropriate procedure for
              A.     Uncollectible accounts                   dealing with uncollectible account receivables.
              B.     Writing off and collecting
                     uncollectible


6-7     Chapter 18
                                                              Complete the appropriate plant asset records for
              A.     Buying plant asset and paying property   calculating and journalizing the depreciation
                     tax                                      expenses.
              B.     Calculating and journalizing
                     depreciation expense
              C.     Disposing of plant assets
              D.     Declining balance method


8-9     Chapter 19
End                                                           Identify and utilize the appropriate procedures
3 Qrt         A.     Merchandise inventory                    for determining merchandise inventory
              B.     Estimating inventory

4th     By the end of quarter 4 students will be able
Qrt     to:
Week
10-18         A.     Understand and calculate the interest
                     rate and maturity date for
                     promissory notes
              B.     Identify and utilize the practice to
                     finish the accounting cycle for a
                     merchandising business organized as
                     a corporation
              C.     Apply all accounting practices into a
                     business simulation




APS Bus&Tech HS Pacing Guide                                         Revised 11/28/07                              9
                                                                  DRAFT

10      Chapter 20
                                                          Calculate the interest rate and maturity date for
              A.     Promissory notes                     promissory notes.
              B.     Notes payable and Notes receivable   Analyze and record transactions for notes
                                                          payable and receivable
11-12   Chapter 21
                                                          Identify the accounting concepts and practices
               A.    Accrued revenue and expense          related to accrued revenue and expenses.
                                                          Record adjusting, closing and reversing entries
                                                          for accrued revenue and expenses.

12-13   Chapter 22
                                                          Identify and utilize the practices to finish the
               A.    End of period accounting for a       accounting cycle for a merchandising business
                     corporation                          organized as a corporation.
               B.    End of the period report for a
                     corporation

14      Chapter 23
                                                          Identify and utilize the practices to finish the
            A. Forming a Partnership                      accounting cycle for a service business organized
            B. Distribution of Net Income                 as a partnership.
            C. Dissolving a Partnership



15      Chapter 24
                                                          Identify and utilize the accounting concepts and
            A. International Sales                        practices related to International Sales and
            B. Electronic transfers                       Electronic transfers.




APS Bus&Tech HS Pacing Guide                                     Revised 11/28/07                             10
                                                      DRAFT

16-18   Simulation – or reinforcement A & B   Essential Question: How does the
                                              accounting cycle differ and remain the same for
                                              the merchandising business which additionally
                                              utilizes 5 journals instead of one?

                                              ASSESSMENT: The students will complete
                                              this simulation for the entire accounting cycle for
                                              a merchandising firm utilizing realistic document
                                              sources so the student gets an idea about handling
                                              paperwork.




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