WHITE PLAINS SCHOOL DISTRICT CURRICULUM MAP CAREER & TECHNICAL EDUCATION White Plains High School Accounting 1

CONTENT

/ SKILLS / ASSESSMENTS / STANDARDS
September / Starting a Proprietorship
Starting a Proprietorship: Changes that Affect Owner’s Equity / After studying this unit the student will be able to:
Prepare a balance sheet for a service business organized as a proprietorship from information in an accounting equation.
Prepare a balance sheet for a service business organized as a proprietorship from information in an accounting equation.
Analyze changes in an accounting equation that affect owner’s equity for a service business organized as a proprietorship. / Define accounting terms related to starting a service business organized as a proprietorship.
Identify accounting concepts and practices related to starting a service business organized as a proprietorship.
Classify accounts as assets, liabilities, or owner’s equity and demonstrate their relationships in the accounting equation.
Analyze how transactions related to starting a service business organized as a proprietorship affect accounts in an accounting equation.
Identify specific jobs within the service oriented accounting industry.
Define accounting terms related to changes that affect owner’s equity for a service business organized as a proprietorship.
Identify accounting concepts and practices related to changes that affect owner’s equity for a service business organized as a proprietorship. /

Career Development and Occupational Studies

Standard 1: Career Development
Standard 2: Integrated Learning
Standard 3a:
Standard 3b: Career Majors

Career Development and Occupational Studies

Standard 2: Integrated Learning
Standard 3a: Universal Foundation Skills (Basic, thinking, personal qualities, interpersonal skills, technology, managing information, and systems)
WHITE PLAINS SCHOOL DISTRICT CURRICULUM MAP CAREER & TECHNICAL EDUCATION White Plains High School Accounting 1

CONTENT

/ SKILLS / ASSESSMENTS / STANDARDS
October / Analyzing Transactions into Debit and Credit Parts

Recording Transactions in a General Journal

Posting from a General Journal to a General Ledger

/ After studying this unit the student will be able to:
Analyze how transactions are used to set up a business and affect account.
Analyze how transactions affect owner’s equity accounts.
After studying this unit the student will be able to:
Record in a general journal, transactions to set up a business.
Record in a general journal, transactions to buy insurance for cash and supplies on account.
Record in a general journal, transactions that affect owner’s equity and receiving cash on account.
Start a new journal page.
After studying this unit the student will be able to:
Prepare a chart of accounts for a service business organized as a proprietorship.
Post amounts from a general journal to a general ledger.
Prove cash and journalize correcting entries. / Define accounting terms related to analyzing transactions into debit and credit parts.
Identify accounting practices related to analyzing transactions into debit and credit parts.
Use T accounts to analyze transactions showing which accounts are debited or credited for each transaction.
Define accounting terms related to journalizing transactions.
Identify accounting concepts and practices related to journalizing transactions.
Set up a business.
Analyze and record entries in a general journal.
Define accounting terms related to posing from a general journal to a general ledger.
Identify accounting concepts and practices related to posting from a general journal. /

Career Development and Occupational Studies

Standard 1:
Standard 2:
Standard 3a:
Standard 3b:

Career Development and Occupational Studies

Standard 1:
Standard 2:
Standard 3a:
Standard 3b:

Career Development and Occupational Studies

Standard 1:
Standard 2:
Standard 3a:
Standard 3b:
WHITE PLAINS SCHOOL DISTRICT CURRICULUM MAP CAREER & TECHNICAL EDUCATION White Plains High School Accounting 1

CONTENT

/ SKILLS / ASSESSMENTS / STANDARDS
November /

Cash Control Systems

Work Sheet for a Service Business

/ After studying this unit the student will be able to:
Prepare business papers related to using a checking account.
Reconcile a bank statement.
Journalize dishonored checks and electronic banking transactions.
Establish and replenish a petty cash fund.
After studying this unit the student will be able to:
Prepare a heading and a trial balance on a work sheet.
Plan adjustments for supplies and prepaid insurance.
Complete a work sheet for a service business organized as a proprietorship.
Identify selected procedures for finding and correcting errors in accounting records. / Define accounting terms related to using a checking account and a petty cash fund.
Identify accounting concepts and practices related to using a checking account.
Reconcile a bank statement.
Establish and use a petty cash fund.
Define accounting terms related to a work sheet for a service business organized as a proprietorship.
Identify accounting concepts and practices related to a work sheet for a service business organized as a proprietorship.
Prepare and utilize a trial balance.
Create and use a worksheet.
Correct errors using proper accounting techniques. /

Career Development and Occupational Studies

Career Development and Occupational Studies

Standard 1:
Standard 2:
Standard 3a:
Standard 3b:

Career Development and Occupational Studies

Career Development and Occupational Studies

Standard 1:
Standard 2:
Standard 3a:
Standard 3b:
December /

Financial Statements for a Proprietorship

/ After studying this unit the student will be able to:
Prepare an income statement for a service business organized as a proprietorship and analyze an income statement using component changes.
Prepare a balance sheet for a service business organized as a proprietorship. / Define an accounting terms related to financial statements for a service business organized as a proprietorship.
Identify accounting concepts and practices related to the preparation of financial statements for a service business organized as a proprietorship.
Create an Income Statement.
Create a Balance Sheet. /

Career Development and Occupational Studies

Career Development and Occupational Studies

Standard 2:
Standard 3a:
WHITE PLAINS SCHOOL DISTRICT CURRICULUM MAP CAREER & TECHNICAL EDUCATION White Plains High School Accounting 1

CONTENT

/ SKILLS / ASSESSMENTS /

STANDARDS

January /

Recording Adjusting and Closing Entries for a Service Business

/ After studying this unit the student will be able to:
Record adjusting entries for a service business organized as a proprietorship.
Record closing entries for a service business organized as a proprietorship.
Prepare a post-closing trial balance for a service business organized as a proprietorship. / Define accounting terms related to adjusting and closing entries for a service business organized as a proprietorship.
Identify accounting concepts and practices related to adjusting and closing entries for a service business organized as a proprietorship.
Analyze and record adjusting entries.
Create a post-closing trial balance. /

Career Development and Occupational Studies

Career Development and Occupational Studies

Standard 1:
Standard 2:
Standard 3a:
Standard 3b:

High School –Business Education/Accounting 1