CLARENDON COLLEGE - PAMPA CENTER

Division of Business and Technology

Course Name: INTRODUCTION TO ACCOUNTING II

ACNT 1404

Credit hours : 4   

Offered: Spring 2008

Instructor: Jan Haynes

Office Location: Room 104 Pampa Center Campus

Phone: 806-665-8801

Email: Jan.Haynes@clarendoncollege.edu

Office Hours:8:30 am-12 noon and 1:00pm-4:00pm

 

Course Description:   This is a continuation of the double-entry bookkeeping cycle introduced in Intro to Accounting I.  The accounting concepts from the first semester course are applied for receivables and payables, accruals and deferrals, merchandise inventory, and plant assets.  Basic accounting procedures and principles for partnerships and corporations are introduced.

 

Statement of Purpose: To partially satisfy the requirements for the Office Technology certificate.

 

Required Instructional Materials:

 

Textbook: Ross, Gilbertson, Lehman & Hanson,  Fundamentals of Accounting,7th Edition, Course II, ISBN:-0-538-72731-4.

Required Practice Set:  Putting Green Golf Supply, Automated version ISBN: 0-538-67711-2.

 

Student Requirements: Office Technology students are not required to take a pre-entry test. 

 

Students are responsible for completing any assigned reading or other activity homework by the due date given. students should be in class and ready with materials required for that class.  Students should not have more than four (4) absences in the 8 week period.  Four tardies count as one (1) absence.

 

Methods of Instruction:

1.      Lecture

2.      PowerPoint presentations

3.      Discussion

               4.      Automated accounting projects presented as examples

 

Course Objectives:

 

Upon completion of the course the students will be able to:

Record purchases and cash payments using special journals.

Record sales, and cash receipts in special journals.

Record uncollectible accounts receivables

Record plant assets and depreciation

Determine cost of merchandise inventory

Record promissory notes

Record notes payable

Record notes receivable

Record accrued revenue and expenses

Distribute corporate dividends

Prepare a work sheet for a corporation

Calculate federal income tax

Prepare corporate income statement

Prepare stockholders’ equity

Prepare corporate balance sheet

Prepare adjusting, closing and reversing entries for a corporation

 

 

 

Grading Policies:                                          1.Homework assignments; notes test; pop test      30%                                        

                                                             2. Simulation Practice Set, audit test, unit test    50%      

               3.Mid-term and final exam                                         20%

 

The final semester grades will be figured as set in the current catalog:

90-100%=A        80-89%=B          70-79%=C          69-60%=D        Below 59%=F

 

Classroom Conduct:

 

Cell phone use: Students are not to have a cell phone out during class, and the ringer is to be placed on off or vibrate.

Failure to comply with lawful direction of a classroom instructor is a disruption for all students enrolled in the class.  Cheating violations include, but are not limited to: (1)obtaining an examination, classroom activity, or laboratory exercise by stealing or collusion; (2) discovering the content of an examination, classroom activity, laboratory exercise, or homework assignment before it is given; (3) using an unauthorized source of information during an examination, classroom activity, laboratory exercise, or homework assignment; (4) entering an office of building to obtain unfair advantage; (5) taking an examination for another person; (6) completing a classroom activity, laboratory exercise, homework assignment, or research paper for another person; (7) altering grade records; (8) using any unauthorized form of electronic communication device during an examination, classroom activity, or laboratory exercise; (9) Plagiarism.  Plagiarism is the using, stating, offering, or reporting as one’s own, an idea, expression, or production of another person without proper credit.

 

Disciplinary actions for cheating in a course are at the discretion of the individual instructor.  The instructor of that course will file a report with the Dean of Students when a student is caught cheating in the course, whether it be a workforce or academic course.  The report shall include the course, instructor, student’s name, and the type of cheating involved.  Students who are reported as cheating to the Dean of Students more than once shall be disciplined by the Dean.  The Dean will notify all involved parties within fourteen days of any action taken.

 

American with  Disabilities Act Statement: 

Clarendon College provides reasonable accommodations for persons with temporary or permanent disabilities.  Should you require special accommodations, notify the Office of Student Services (806-874-3571) We will work with you to make whatever accommodations we need to make.

 

Dropping a Course: A student who is enrolled in a developmental course for TSI purposes may not drop his/her only developmental course unless the student completely withdraws from the college.  A student may drop any other course with a grade of “W: any time after the census date for the semester and on or before the end of the 12th week of a long semester, or on or before the last day to drop a class of a term as designated in the college calendar.  The request for permission to drop a course is initiated by the student by procuring a drop form the Office of Student Services. (Refer to other policies concerning this issue in the current college catalog online.) (Please visit with me before you drop the course.)  If you decide you must withdraw, a formal procedure must be followed in order for you to receive a “W” on your transcript.  The last day to drop must be followed, which is found in college catalog.  If you quit and do not formally withdraw, you will receive a grade of “F” on  your transcript.

 

According to Texas state law a student is only allowed to drop the same class twice before he/she   will be charged triple the tuition amount for taking the class a third time or more.  Furthermore, beginning with the Fall 2007 semester, students in Texas may only drop a total of 6 courses throughout their entire undergraduate career.  After the 6th dropped class, he/she will no longer be able to withdraw form any classes.

 

Withdrawal from College: When a student finds it necessary to withdraw from school before the end of the semester, he or she should obtain a withdrawal form from the Office of Student Services.  Students may also withdraw from the college by sending a written request for such action to the Registrar’s Office.  The request must include the student’s signature, the student’s current address, social security number and course information details.  Students who withdraw after the census date for the semester and on or before the end of the 12th week of a long semester, or on or before the last day to drop a class of a term as designated in the college calendar will be assigned a grade of “W”. If you do not go through the formal withdrawal procedure, you will receive a grade of  "F" on your transcript. If you do not go through the formal withdrawal procedure, you will receive a grade of “F” on your transcript.

 

Tentative Course Schedule/Outline:

Week 1: Chapter 18-19

Week 2: Chapter 20

Week 3: Chapter 21

Week 4: Chapter 22

Week 5: Chapter 23

Week 6: Chapter 24

Week 7: Chapter 25-26

Week 8: Simulation Packet