ACC111 – Accounting Principles I

In class in B317 on Tuesday from 10:00am – 11:15am

In class in B323 on Thursday from 10:00am – 11:15am

Online using Blackboard and McGraw Hill - Connect

Access to Blackboard: http://www.phoenixcollege.edu/academics/blackboard

One time Access to Register for your Connect account:

http://connect.mcgraw-hill.com/class/d_stark_acc111_f12_18733

Fall 2012

Section/Class #: 18733

Instructor Information

Instructor: Diane Stark

Office Location: B337

Office Phone: 602-285-7450

E-mail address:

Office Hours: MWF 10:00am – 10:50am and TR 9:00am – 9:50am

Students will be notified by the instructor of any changes in course requirements or policies.

Course Information

This course uses an online homework system called Connect. It comes packaged with the textbook.

Course Description

Fundamental theory of accounting principles and procedures. Prerequisites: None.

Course Competencies

  1. Demonstrate generally accepted accounting principles.
  2. Analyze, journalize, and post business transactions using debits and credits.
  3. Prepare a simplified balance sheet and income statement.
  4. Compare and contrast accrual and cash basis methods of accounting.
  5. Prepare an eight-column worksheet and make required adjusting, closing, and reversing entries to complete the accounting cycle.
  6. Describe accounting procedures applicable to a merchandising business.
  7. Use special journals and subsidiary ledgers.
  8. Describe a petty cash system.
  9. Prepare a bank reconciliation.
  10. Describe uncollectible accounts receivable transactions.
  11. Explain and use perpetual and periodic inventory systems for a merchandising firm.
  12. Describe inventory cost flow methods.
  13. Calculate gross pay, deductions, net pay, and record payroll entries.

Course Materials

Prin of Financial Acct (Phx Coll Pkg & Connect Plus)

Author:Wild

Edition:20th

ISBN:9780077654788

Simple Calculator

Headset to Listen to audio PowerPoint Slides of Chapter review

Required Technologies

McGrawHill Connect: Registration ONLY

http://connect.mcgraw-hill.com/class/d_stark_acc111_f12_18733

Once you have registered using the URL on the first page of this syllabus to do your homework go to:

http://connect.mcgraw-hill.com/

Communication Policies

·  Please e-mail your instructor at . When e-mailing please include your name, the course you are enrolled in and your section number. Please do not e-mail me through myitlab.

·  Announcements will posted throughout the semester. Please check Blackboard often for announcements.

·  Please check your gmail account daily. It can be accessed at http://www.phoenixcollege.edu/

·  Please check Blackboard weekly for your grades using the myGrades link.

·  The Business Department recommends that all business students seek advisement from a full-time Business Department Faculty Member or a designated Business Advisor. Failure to seek professional advisement may delay your graduation or result in improper course selection.

Course Policies

·  Student are responsible for knowing and understanding the syllabus.

·  Students are responsible for knowing their rights and responsibilities. You can find these in the College Catalogue and the Student Handbook.

·  Homework may be completed in the library or B301. In order to use B301 you must have a student ID.

·  For the courtesy of others, please turn your cell phones off or put on vibrate.

Statement of Accommodation

·  Students with disabilities who believe that they may need accommodations in this class are encouraged to contact the Disability Resource Center office, Learning Center (LC) Building, 602-285-7477.

Attendance, Participation, and Withdrawal Policies

·  Attendance for regular classes will be taken daily. E-mail me if you cannot attend class. You are expected to make up all missed assignments for that day.

·  You must check into the course on a weekly basis. You are responsible for any course announcements, postings, emails, and changes. Check the course announcements, course schedule, and email for posted changes.

·  The instructor reserves the right to withdraw a student who has been inactive within the course for 2 or more weeks. Students withdrawn for inactivity may be reinstated only with the approval of the instructor.A grade of W will be assigned.

Completion & Make-Up Policies (Extra Credit)

Late work will not be accepted. There will be an opportunity for 50 extra credit points. This will come through the LearnSmart area of the course in Connect. Each chapters has one and they are worth 5 points each.

Academic Integrity

Students are expected to abide by the highest standards of ethical conduct. Academic dishonesty will not be tolerated in this course. Providing or accepting assistance on homework, quizzes or examinations are considered inappropriate behavior. Evidence of shared work will result in a grade of zero for all parties involved.

College Important Phone Numbers

Admissions / 602.285.7502 / Success Center / 602.285.7486
Advisement / 602.285.7110 / Library / 602.285.7473
Bookstore / 602.285.7489 / Safety (College) / 602.285.7254
Counseling / 602.285.7392 / Financial Aid / 602.285.7410

Guidelines & Strategies for Student Success

Set Goals

“I will succeed in this class by doing all of my homework and quizzes on time and strive for an A on all assignments.”

Establish a regular study schedule

“I will do my homework for 2 hours every evening.”

“I will attend class every day.”

Reward yourself for your accomplishments

“After finishing ALL of my homework and prequizzes I will set aside some free fun time.”

Ask Questions

“I will e-mail my instructor if I have a problem completing my assignment.”

Grading Policies and Assignment Distribution

Required Activity / Points / Total Points
Exercises:
Chapters 1, 2, 3, 4, 5, 6, 8, 9, 11
These quizzes are found in Connect. Please check Connect for due dates. / 10 points each / 100 points
Homework Assignments:
Chapters 1, 2, 3, 4, 5, 6, 7, 8, 9, 11. These assignments are found in Connect. Please check Connect for due dates. / 25 points each / 250 points
Quickbooks Assignment / 25 points / 25 points
Comprehensive Problems:
Chapter 1 and 2
Chapters 3 and 4
Chapters 5 and 6
Chapters 7 and 8 / 10 points each / 40 points
Exam Reviews:
Chapters 1 and 2
Chapters 3 and 4
Chapters 5 and 6
Chapters 7 and 8
Chapters 9 and 11 / 25 points each / 125 points
Exams:
Chapters 1 and 2
Chapters 3 and 4
Chapters 5 and 6
Chapters 7 and 8
Chapters 9 and 11
Final Exam / 100 points
100 points
100 points
100 points
100 points
150 points / 650 points
Total Points / 1190 points

Late assignments will not be accepted.

Grading Scale

This course is a graded course and students will earn a letter grade based on the points accumulated during the semester using the grade standard listed below:

Grading Scale:

Grade / Points / Percentage
A / 1070-1190 / 90 - 100%
B / 952-1069 / 80 – 89%
C / 833-951 / 70 – 79%
D / 714-832 / 60 – 69%
F / 713 and below / 59% and below

Course Schedule- (Please refer to due dates in Connect for homework assignments)

Due Dates / Chapters
8/21
8/23 / Introduction to Course
Get Set up with Connect and start Lecture Chapter 1
8/27
8/30 / Homework due for Chapter 1
Homework due for Chapter 2
9/4
9/6 / Review for Chapters 1 and 2
Comprehensive and Review for Chapters 1 and 2 are due
9/11
9/13 / Review
Exam 1 – Chapters 1, 2
9/18
9/20 / Chapter 3
Chapter 3 homework due
9/25
9/27 / Chapter 4
Chapter 4 homework due
10/2
10/4 / Chapter 3 and 4 Exam Review
Review, Comprehensive Problem and Exam due
10/9
10/11 / Chapter 5
Homework for Chapter 5 due
10/16
10/18 / Chapter 6
Homework due for Chapter 6
10/23
10/25 / Review for Chapters 5 and 6
Exam 3 – Chapters 5 and 6 – Comprehensive Problem and Review due for Chapters 5 and 6
10/30
11/1 / Chapter 7
Homework Chapter 7 due
11/6
11/8 / Chapter 8
Quickbooks
11/13
11/15 / Homework due for Chapter 8
Exam 4 – Chapters 7 and 8 – Exam Review and Comprehensive Problem due
11/20
11/22 / Chapter 9
No Class - Thanksgiving
11/27
11/29 / Homework due for Chapter 9 - Chapter 11
Lab Day
12/4
12/6 / Homework due for Chapter 11
Exam 4 – Chapters 9 and 11 and Review due for Chapters 9 and 11