ACCOUNTING II      -     MR. MASTROMARINO

SEMESTER II - 2022

HOMEROOM 7:15 - 7:22

PERIOD 1: 7:22 - 8:40

Description of Course Content

1. Review the first five steps of the accounting cycle.
2. Review the final five steps of the accounting cycle.
3. Complete a mini-practice set completing the accounting cycle for a merchandising business.
4. Complete the accounting for cash, marketable securities, and accounts receivable.
5. Complete the accounting for notes receivable.
6. Complete the accounting for inventories and investments.
7. Complete the accounting for property, plant, and equipment assets and intangible assets.
8. Complete a mini-practice set doing the accounting for current and long-term assets.
9. Complete the accounting for accounts payable, notes payable, and other current liabilities.
10. Complete the accounting for long-term liabilities.
11. Complete mini-practice set three, accounting for liabilities.
12. Complete the accounting for stockholders equity : contributed capital.
13. Complete the accounting for stockholders equity: earnings and distributions.
14. Complete a worksheet and financial statement.
15. Complete mini-practice set doing the accounting for a publicly held corporation.
16. Analyze and interpret financial statements.
17. Complete a comprehensive accounting simulation using special journals and covering a publicly held merchandising corporation.
18. Given a set of transactions for a month, learner will be able to keep accounting records in multiple journals, post to multiple ledgers, complete a ten-column worksheet, and prepare end-of-period statements and balance sheets.
19. Given the circumstances for accounting of bad debts, learner will be able to record transactions in a general journal, use direct write-offs, and allowance methods.
20. Given facts concerning fixed assets, learner will be able to straight-line, declining balance and sum-of-years digits method of depreciating these assets.
21. Given a special series of business transactions, learner will be able to understand and journalize accrued expenses, accrued salaries, and accrued revenues in a general journal.
22. Given a special series of business transactions, learner will be able to understand and journalize deferrals in a general journal.

ACCOUNTING I & II  -- MR. MASTROMARINO

ACCOUNTING I – CHAPTERS 1-13

ACCOUNTING II – CHAPTERS 14-29

GRADING:

• ASSESSMENT 50 %
• PARTICIPATION 40 %
• HOMEWORK 10 %

RESOURCE MATERIALS

• ACCOUNTING TEXTBOOK – GLENCOE ACCOUNTING
• ACCOUNTING WORKBOOK – GLENCOE ACCOUNTING
• COMPUTER
• FINANCIAL MARKET WEBSITES: CNBC.COM, BLOOMBERG.COM, YAHOO>FINANCE
• HANDOUTS
• POWERPOINT NOTES/TABLET/PROJECTOR
• GOOGLE CLASSROOM 

CLASSROOM RULES

• RESPECT TEACHER AND STUDENTS
• NO CURSING OR RUDE BEHAVIOR
• NO CELL PHONES
• NO HEADPHONES
• BE ON TIME

ORGANIZATION, GOOD BEHAVIOR, EFFORT, COMPLETING CLASSWORK, DOING WELL ON QUIZZES, NOTEBOOK, AND FINAL EXAMS WILL RESULT IN A GOOD GRADE AND A QUALITY EDUCATION.

GOOD LUCK AND HAVE AN ENJOYABLE SEMESTER.