Course
Description:
ACC 101 Accounting
Principles I :
This course
introduces basic accounting procedures for analyzing, recording and
summarizing financial transactions, adjusting and closing the financial
records at the end of the accounting cycle, and preparing financial
statements. Students identify sound ethical and personal values.
Chapter 1-10 are covered excluding any topics listed below.
Topics
Omitted:
You are NOT responsible for the
following topics and related pages in the textbook.
Chapter 4:
Appendix 1: Work sheet pages 175-176B
Chapter 6: Appendix 1: Accounting systems for merchandisers pages 273-276; Appendix 2: Periodic inventory method pages 277-280
Chapter 7: Objective #4: Cost of inventory under the periodic cost flow, pages 315--318
Chapter 9:
Appendix 1: Discounting notes receivable page 410
Chapter 10:
Exchange of similar fixed assets, pages 449-451;
Appendix 1: Sum –of- the -year’s digits pages 458-459
Textbook Ancillaries:
When you purchase a new course
textbook, you receive access codes for WebTutor Advantage and CengageNOW
(formally ThomsonNOW).
These are web-base learning resources specifically designed to supplement
the course and provide a whole new dimension of productive study. Your
instructor will explain how to register and access the products. Directions
are also available within the WebCT tutorial site (ACC_tutorial_22e) or your
instructor’s website for the course. Please Note: If
you purchase a “used” textbook, you will be required to buy the WebTutor and
CengageNOW separately.
WebTutor:
No two students have identical study
needs. That's why WebTutor Advantage is so valuable. It focuses on
individual study efforts where they're needed most. This Web-based product
reviews critical text material chapter-by-chapter. Concepts are reinforced
through PowerPoint presentations, on-line videos, exercises, problems,
cases, flashcards, self-tests, and other online resources.
CengageNOW is an Internet-based product
designed to help students complete all of their end-of-chapter exercises and
problems. Students receive automatic and instant scoring. Students
struggling with a particular problem can access hints and tips to expand
their understanding of the concepts. In addition, all department assessment
activities will take place in CengageNOW, so it is important to register
your product. Click here for handout on
registering and click
here for handout on
taking
assignments in CengageNOW.
Course
Outcomes and Competencies:
As part of the
Business department’s commitment to teaching effectiveness and ongoing
student learning outcomes assessments activities the following outcomes
and competencies have been developed for ACC 101:
Intended Course Outcome #1: Students will demonstrate overall knowledge of the learning objectives for introductory accounting.
Course Competency (Performance Measure): Students will demonstrate understanding of financial transactions and financial statements, and understanding of the accounting concepts involving assets, including cash, receivables, inventory, and fixed assets.
Measurement Instrument and Success Criteria: A standardized departmental final exam developed by accounting faculty that is based on the course learning objectives will be administered each semester. Please contact your instructor for additional information. A practice review for the final and the solutions are available. Simply click on the links below. Good luck.
Please note: When opening these files, if you see a dialog box requesting a password, simply hit "cancel".
Directions and topics for final exam
Practice
review for final exam Solutions
to practice review for final exam
Chapter Handouts:
There
are 10 chapter handouts
for this course. You may open or download the files from here or go to
the individual chapter page to access the handout. Some of these files
are large (30-40 pages), therefore it may take several minutes to
access them.
These handouts are designed to reinforce the learning objectives of Accounting 101. They are NOT intended to replace reading the textbook and/ or doing the homework. You are responsible for reading all assigned pages in each chapter!
Please note: The material presented in the chapter handouts is copyright-protected and may NOT be reproduce in any manner without the expressed prior written permission of Janice Stoudemire. Click on the following links to access the chapter handouts and solutions.Chapter PowerPoint
Presentations:
There
are 10 chapter PowerPoint presentations for this course. You may open or download the files.
These are large files so be patient, it may take several minutes to
access them. These presentations are developed by the
publisher and are designed to reinforce the learning objectives of Accounting
101.
They are NOT intended to replace reading the textbook and/ or doing the
homework.
Note: If you do not have Microsoft PowerPoint on your computer, to view these documents, you will need to download the MS PowerPoint Viewer from the Microsoft website and click the "Download Now" link. Once you have done this, you may use your browser's BACK button to return to this page.
| ACC 101-Chapter 1 | ACC 101- Chapter 6 |
| ACC 101-Chapter 2 | ACC 101-Chapter 7 |
| ACC 101-Chapter 3 | ACC 101-Chapter 8 |
| ACC 101-Chapter 4 | ACC 101-Chapter 9 |
| ACC 101-Chapter 5 | ACC 101-Chapter 10 |
Homework
Solutions:
No homework solutions are provided since the student
is expected to use the CengageNOW feature to complete the homework.
Interactive Study
Center:
Click here to access the
Student's
Interactive Study Center that is sponsored by the publisher. Simply
follow the on-line instructions and be sure select a chapter. (Select the
"back" button to return to this page). Here you will be
able to review the chapter concepts through E-Lectures and links to
the PowerPoint presentations. In addition, there are step-by-step presentations
of the chapters' Illustrative Problem and the solution to improve your skills in solving accounting problems.
You may also want to review the answers to the Frequently Asked Questions to aid your understanding of the
important topics in the chapter or review the Internet Applications.
You can test your understanding of the chapter material by taking an Interactive Quiz
and reviewing the feedback.
Please note: Do not forward the answers to
your instructor unless you are required to do so.
© 2005 Midlands Technical College
Please send any questions or comments regarding this website to
Janice
Stoudemire at
stoudemirej@midlandstech.edu
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