SYLLABUS
User Name and Password:
You must use a user name and password after the first week of class. Without these you will not be able to access the course materials. The format of your username and password are clearly posted on the main page of your course. If you still need assistance with your username and password please go to this page and read the instructions: http://www.bcconline.com/orient/password.htm, to receive further assistance.
In the box below please type, I understand that after the first week of class I must use my assigned user name and password to access all course materials including lecture notes and quizzes.
Contact Information
Instructor: Ms. Ramona Norman
I do understand that communication in any course, especially accounting is very important; Therefore, I will allow limited phone conferences if a matter can’t be clarified through FAQ and e-mails. Please review questions from other students prior to e-mailing a question to me. Finally, it is my goal for each student to successfully complete and understand accounting 1A. I can’t stress enough the need to read and/or re-read each chapter.
Office Hours:
I will not maintain office hours. I will respond to emails Monday- Friday.In the box below please confirm that you understand when your
instructor is available and where she can be reached.
Course Description:
This introductory course of accounting will introduce the student to the accounting cycle and the basic principles and procedures of accounting to include: deferrals, receivables, assets, liabilities, payroll, accruals, inventories and financial statements.
Course Objectives:
The goals of this course are to help students:
STUDENT LEARNING OUTCOMES:
Define Student Learning Outcomes of this Course
:Upon successful completion of ACCT 1A, the students will be able to:
1. State the accounting equation, define each element of the equation and explain how business transactions bring about resulting changes in the three basic elements of the accounting equation.
2. List the rules of debit and credit and the normal balances of accounts as they are used to summarize the effects of transactions on financial statements.
3. Explain how the matching concept relates to accrual basis accounting and then journalize the entries to adjust the accounts affected.
4. Prepare the adjusting and closing entries that complete the seven basic steps of the accounting cycle.
5. Summarize the basic procedures for achieving internal control over cash and other assets of the firm including the band account and its use in controlling cash.
6. Journalize the entries for a merchandise business including merchandise purchased, merchandise sold and their effect on the chart of accounts and financial statements.
7. Journalize the entries for the allowance method of accounting for uncollectibles based on sales and analysis of receivables.
8. Describe the nature and characteristics of promissory notes and journalize the entries for notes receivables transactions.
9. Compute the cost of inventory under the perpetual and periodic inventory systems using FIFO, LIFO, average cost, retail method and gross profit method.
10. Compute depreciation using the straight-line, units of production, and declining balance methods.
11. Journalize the entries for disposal and exchange of fixed assets.
12. Journalize the entries for short-term notes payable
13. Determine and journalize the employees’ and employers’ payroll responsibilities within a payroll accounting system.
In the box below type the one objective that interests you the most from the list above and a personal objective of your own relating to this class.
Text:
Warren, Reeve, Duchac. Accounting (22 edition). Southwestern Thompson Learning.
Suggested Material:
Warren, Carl S., James M. Reeve, and Duchac Study Guide
Southwestern Thompson Learning. WookpapersIn the box below type, I have textbooks for ACCT 1A or I will have it by the end of the first week of class
Email Updates
One of the primary methods of contact in an
online course is email. Your college is capable of extracting student names
and email addresses from our registration system. The purpose of extracting
this information is two fold. The information will be used by the instructor
to remain in contact with the class in order to provide information
necessary for the students' academic success. The information will also be
used to send emails to the students from the college administration. The
emails sent by the college administration will consist of links to course
surveys which will be used to improve our online courses, important
announcements for students, and links to college surveys, which will be used
to satisfy requirements placed on the college by the California Community
College Chancellor's Office. The college will not use this information to
advertise any products and will not share student email addresses with any
other organization.
In the box below type the following information:
As a student I understand it is my responsibility to ensure my email address
is up to date in the registration system, and that failure to do so can
seriously impact my ability to successfully complete my courses. Further, I
consent to receive email communication from my instructor and from the
college administration. This consent will remain in force until it is
revoked in writing or I am no longer taking classes with the college. Upon
submitting the syllabus, I agree to enter the registration system, check my
email address and change it if necessary. I understand a tutorial is
available to assist me with this procedure. I also understand I can contact
760-252-2411 x7236 to receive additional assistance if I encounter any
difficulties when attempting to change my email address.
Weekly Outline:
Week 1 – After reading Lecture 1 the student should be able to :
1-1. Describe the nature of a business.
1-2. Describe the role of accounting in business.
1-3. Describe the importance of business ethics and the basic principles of proper ethical conduct.
1-4. Describe the profession of accounting.
1-5. Summarize the development of accounting principles and relate them to practice.
1-6. State the accounting equation and define each element of the equation.
1-7. Explain how business transactions can be stated in terms of the resulting changes in the basic elements of the accounting equation.
1-8. Describe the financial statements of a proprietorship and explain how they interrelate.
1-9. Use the ratio of liabilities to owner's equity to analyze the ability of a business to withstand poor business conditions.
1-10. Understand the terminology and successfully integrate in discussions and recognize on test or quiz’s.
2-1. Explain why accounts are used to record and summarize the effects of transactions on financial statements.
2-2. Describe the characteristics of an account.
2-3. List the rules of debit and credit and the normal balances of accounts.
2-4. Analyze and summarize the financial statement effects of transactions.
2-5. Prepare a trial balance and explain how it can be used to discover errors.
2-6. Discover errors in recording transactions and correct them.
2-7. Use horizontal analysis to compare financial statements from different periods.
2-8. Understand the terminology and successfully integrate in discussions and recognize on test or quiz’s.
Homework and answers will be posted with the lectures.
Quiz
Post to the Week 1 Discussion Board
Post to the Week 1 FAQ Page
Week 2 - After reading Lecture 2 the student should be able to:
3-1. Explain how the matching concept relates to the accrual basis of accounting.
3-2. Explain why adjustments are necessary and list the characteristics of adjusting entries.
3-3. Journalize entries for accounts requiring adjustment.
3-4. Summarize the adjustment process and prepare an adjusted trail balance.
3-5. Use vertical analysis to compare financial statement items with each other and with industry averages.
Homework assignments and answers will be included in the lectures.
Quiz # 2
Post to the Week 2 Discussion Board
Post to the Week 2 FAQ Page
Week 3 – Lecture 3- Completing the accounting cycle.
4-1. Review the seven basic steps of the accounting cycle.
4-2. Prepare a work sheet.
4-3. Prepare financial statements from a work sheet.
4-4. Prepare the adjusting and closing entries from a work sheet.
4-5. Explain what is meant by the fiscal year and the natural business year.
4-6. Analyze and interpret the financial solvency of a business by computing working capital and the current ratio.
4-7 Understand the terminology and successfully integrate in discussions and recognize on test or quiz’s.
Homework assignments and answers will be included in the lectures.
Post to the Week 3 Discussion Board
Post to the Week 3 FAQ Page
Lecture 3 Quiz
Week 4 - After reading Lecture 4 the student should be able to:
5-1. Define the accounting system and describe its implementation.
5-2. List the three objectives of internal control, and define and give examples of the five elements of internal control.
5-3. Journalize and post transactions in a manual accounting system that uses subsidary ledgers and special journals.
5-4. Describe and give examples of additional subsidiary ledgers and modified special journals.
5-5. Apply computerized accounting to the revenue and collection cycle.
5-6. Describe the basic features of e-commerce.
6-1. Distinguish the activities of a service business from those of a merchandising business.
6-2. Describe and illustrate the financial statements of a merchandising business.
6-3. Describe the accounting for the sale of merchandise.
6-4. Describe the accounting for the purchase of merchandise.
6-5. Describe the accounting for the transportation cost, sales taxes, and trade discounts.
6-6. Prepare a chart of accounts for a merchandising business.
6-7. Describe the accounting cycle for a merchandising business.
6-8. Prepare an income statement for a merchandising business.
6-9. Compute the ratio of net sales to assets as a measure of how effectively a business is using its assets.
6-10. Understand the terminology and successfully integrate in discussions and recognize on test or quiz’s.
Homework assignments and answers will be included in the lectures
NO QUIZ or Posting to boards
MID TERM IS DUE !! Please e-mail to instructor.
Week 5 - After reading Lecture 5 the student should be able to:
7-1. Describe the nature of cash and the importance of internal control over cash.
7-2. Summarize basic procedures for achieving internal control over cash receipts and cash payments, including the use of a voucher system.
7-3. Describe the nature of a bank account and its use in controlling cash.
7-4. Prepare a bank reconciliation and journalize any necessary entries.
7-5. Account for small cash transactions using a petty cash fund.
7-6. Summarize how cash is presented on the balance sheet.
7-7. Compute and interpret the ratio of cash to current liabilities.
7-9. Understand the terminology and successfully integrate in discussions and recognize on test or quiz’s.
Homework assignments and answers will be included in the lectures
Quiz
Post to the Week 5 Discussion Board
Post to the Week 5 FAQ Page
Week 6 - After reading Lecture 6 the student should be able to:
8-1. List the common classifications of receivables.
8-2. Summarize and provide examples of internal control procedures that apply to receivables.
8-3. Describe the nature of and the accounting for uncollectible receivables.
8-4. Journalize the entries for the allowance method of accounting for uncollectibles and estimate uncollectible receivables based on sales and on an analysis of receivables.
8-5. Journalize the entries for the direct write-off of uncollectible receivables.
8-6. Describe the nature and characteristics of promissory notes.
8-7. Journalize the entries for notes receivables transactions.
8-8. Prepare the Current Assets presentation of receivables on the balance sheet.
8-9. Compute and interpret the accounts receivable turnover and the number of days' sales in receivables.
8-10. Understand the terminology and successfully integrate in discussions and recognize on test or quiz’s.
Homework assignments and answers will be included in the lectures
Quiz
Post to the Week 6 Discussion Board
Post to the Week 6 FAQ Page
Week 7 - After reading Lecture 7 the student should be able to:
9-1. Summarize and provide examples of internal control procedures that apply to inventories.
9-2. Describe the effect of inventory errors on the financial statements.
9-3. Describe the three inventory cost flow assumptions and how the impact the income statement and balance sheet.
9-4. Compute the cost of inventory under the perpetual inventory system and the periodic inventory system using the Fifo, Lifo, and average cost methods.
9-5. Compare and contrast the use of the three inventory costing methods.
9-6. Define fixed assets and describe the accounting for their cost.
9-7. Compute the proper valuation of inventory at other than cost, using the lower-of-cost-or-market and net realizable value concepts.
10-1. Define fixed assets and describe the accounting for their cost.
10-2 Compute depreciation using the acceptable methods.
10-3. Classify asset costs as either capital or revenue expenditures.
10-4. Journalize entries relating to assets.
10-5. Understand the terminology and successfully integrate in discussions and recognize on test or quiz’s.
Homework assignments and answers will be included in the lectures
Lecture 7 Quiz
Post to the Week 7 Discussion Board
Post to the Week 7 FAQ Page
Week 8 – FINAL EXAM.
There will be no lecture this week. This week will be reserved for reviewing and preparing for the final exam.
Final Exam Chapters 5-7 Computer Labs or proctored site.
In the box below type: I understand that I must complete all weekly exercises, quizzes, discussion questions, exams and the position paper or I will be dropped from the class. I further realize that it is my responsibility to seek help from the instructor when I am confused about an assignment.
Course Policies
Assigned Reading and Homework Problems:
Students are required and encouraged to read the assigned chapters each week based on that weeks outline. The lectures are posted along with assigned problems. Completing the problems will increase your understanding and prepare you for the quizzes and test. The solutions to the assigned material will be posted on the web. Review the solutions after completing the problems to help heighten your understanding of the material. You cannot pass a test or quiz reading the lecture only. Finally, I want to encourage each student to take advantage of tutoring!
Quizzes:
Quizzes covering the assigned materials will be given at the end of each chapter. Each quiz will be multiple choices and worth 50 points each. Quizzes will have time limits, are open book and can be accessed only once by a student. Quizzes will be taken on line and grades will be available immediately.
Examinations:
There will be two multiple-choice exams during the semester, a mid term and a final. The exams will be worth 100 points each. Exams will be taken in person at the main campus computer lab during week 4 for the midterm and week 8 for the final. Exams can be administered by approved proctors such as: the education center, librarian, professor from other universities and school officials. Friends, Family and immediate supervisors will not be approved to proctor an exam for you. You must ensure the proctor has the time to administer a 2 to 3 hour exam.
Discussion Board and FAQ Postings:
Students are required to post one item to both the discussion board and FAQ. The discussion board will contain either a case study or current event. Students will be required to post an opinion relating the topic to the current week lesson.
The posting to the FAQ board will require each student post a question regarding the current assignment. All postings to the FAQ board will be answered by the instructor. If you understand the current assignment and don’t require assistance, the student may post a response to another students’ question. Postings simply agreeing with or restating another students’ opinion will not receive credit.
In the box below type: I understand the course policies listed above and agree to abide by them.
Methods of Evaluation:
Chapter Quizzes ( 6 ): 50 Points each
Weekly Postings to the FAQ page (8 postings): 50 Points
Weekly Postings to the Discussion Board: 50 Points
Mid-Term Examinations: 100 Points
Final Exam: 100 Points
Grades are based upon 600 points possible:
90 – 100% A
80 - 89% B
70 - 79% C
60 – 69 % D
Below 60% F
In the box below type: I understand and agree to abide by the grading scales listed above.
ONLINE INSTRUCTIONS
http://bcregweb.barstow.edu/ or by calling (760)252-2411 x7236 if you are having problems accessing the course material. After you have confirmed your enrollment go to http://www.bcconline.com/orient/ and read the password link. Following this procedure will ensure you are helped in the fastest manner possible.YOU MUST FILL OUT THIS SYLLABUS IF YOU INTEND TO TAKE THE COURSE!
It is your responsibility to make sure the instructor has the all the contact information stated at the top of this syllabus by the start of classes!! It is your responsibility to email the instructor if you have any problems or do not understand this syllabus.
It is your responsibility to confirm your enrollment either via the Internet at
By enrolling for this class, the assumption is that you possess the necessary skills to read at the college level, to enter and perform research on the internet, to email using proper email etiquette, and to post to the discussions.
When emailing your instructor: (rnorman@bcconline.com) include your full name. Send all email with the name of the course in the subject line and Lesson # or the words: problem, question or comment. Sign all email with your name as registered at school, or else you will not receive a reply and your assignment will not be graded.
You must briefly explain situation in the subject line, i.e., ACCT 1A-- Position Paper-- Problem. Email without an appropriate subject line will be deleted and will not be read. With the current high incidence of viruses and unsolicited email, I automatically delete all email without appropriate subject lines.
Remember I do not usually answer email on the weekends, so 48 hours response time do not include Fridays, Saturdays, Sundays and holidays. If an email stating problem, help, or question in the subject line is sent on Monday through Thursday you can expect a response within 24-48 hours. If an email stating problem, help, or question in the subject line is sent on the weekends there may be a longer turn around time.
Assignments will have a one week turnaround time, and you should not expect an answer to a successfully submitted and completed assignment before the end of the one week turnaround time period. Receiving graded assignments before the above stated timelines have passed does not guarantee that you will receive replies as quickly in the future.
A posting place at the top of the discussion page indicates the instructor’s message board to you. Be sure to check this each week so that you don’t miss messages and clarifications; remember that sometimes no instructor posting will have been made. Students are not to post in the instructor's posting area. Should you have a concern with your class please email me your question. It is not appropriate for students to post their concerns in the instructor's posting area. Students who post in the instructor's posting area will receive a warning and their posting will be deleted unanswered. Students who ignore the warning and post again to the instructor's posting area will be dropped from the class.
At the conclusion of the class students may find out their grades by calling (760) 252-6868 (local or out of state) and (877) 336-6868 (toll free within California). You may also find out your grade by going on the Internet at
http://bcregweb.barstow.edu/ I do not email or post student grades and will not respond to inquiries about grades at the conclusion of the course.In the box below type, I understand and agree to abide by the online instructions written above.
http://www.bcconline.com/orient/. No work should be completed until AFTER you have reviewed the orientation area. The orientation area will answer many frequently asked questions about online instruction and also provides tutorials on common problems students encounter while doing online courses. If you are experiencing technical difficulties and/or need to learn how to use our courseware you should first check the orientation area to see if it answers your technical question. If your technical question is not answered on the website you may then email the webmaster@bcconline.com with your question.You will not officially start this course until after you have completed the orientation sessions at
If your question pertains to class materials you should email rnorman@bcconline.com. The webmaster cannot answer course related questions, and the instructor does not answer technical questions. Remember that you must state your full name, problem, question or concern and your class name in the subject line when asking a question.
In the box below type, I understand there is one physical meeting for this course (the final). If I am unable to take the midterm or final on the main campus, or at Barstow College's Ft. Irwin or Miramar sites, I understand it is my responsibility to find a proctor and completely fill out the proctor from. I understand I must fill out the syllabus in order to complete this course and that completing the online orientation before beginning my course work is mandatory. I realize that I should email the instructor with any class related questions. I also understand that I should first check the orientation area for answers to my technical questions and can email the webmaster@bcconline.com my technical questions ONLY after checking the orientation area for the answer to my question first.
There are several requirements in order to take the class:
In the box below type, I understand and have the ability to meet the requirements listed above. Further I have the necessary materials to complete this course.
Online classes are administered under the Distance Education division and as such there are no regular class meetings. Sometimes the terminology and/or the breadth of the class may seem to be daunting or overwhelming to you. If so, you may also attend on campus classes when possible for extra reinforcement. Check the spring schedule for time and place. Please identify yourself to the instructor prior to the start of class.
In the box below type, I understand I can attend class courses if I need additional help, or that I may contact bctutorial@bcconline.com if I need to have a tutor for this course.
Syllabus Disclaimer
A syllabus is not a contract between instructor and student but rather a guide to course procedures on attendance, requirements, grading, and objectives. The instructor reserves the right to amend the syllabus when circumstances dictate. Students will be notified.
In the box below type: I understand the course schedule and agree to abide by it. I realize that a syllabus is not a contract between and instructor or student, but rather a tentative outline of the course material.
Disability Statement:
If you have a disability which may impact your success in this course, you may contact the Disability Student Programs and Services (DSPS) office to arrange any reasonable accommodations and supports to which you are entitled. It is the responsibility of the student to initiate these procedures. The DSPS department can be contacted by calling 760-252-2411 x7224 or 760-252-6759 TTY/TDD or emailing dsps@bcconline.com.
In the box below type: I understand that if I have or suspect I have a disability I can contact the DSPS program at the number or email address listed above and request reasonable accommodations. Further I realize it is my responsibility to contact the DSPS department.
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