UNION COUNTY COLLEGE
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UNION COUNTY COLLEGE
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SYLLABUS
ACC-103 ACCOUNTING I 3 1 4
COURSE NO. LEC. LAB. CR.
PREREQUISITE: ENG-088
COURSE INSTRUCTOR:
Dr. R. Henderson
TELEPHONE -
908-497-4271 (answering machine available)
908-709-7564
(Sharon - Business Dept.
secretary)
E-MAIL
Rhenderson@ucc.edu
Chippetta. McGraw-Hill,
Irwin, 2007.
Calculator
CATALOG DESCRIPTION:
Theory of debit and credit, the purpose and use of a balance sheet,
income statement, controlling accounting accounts, subsidiary ledgers and
special journals. Description
of negotiable instruments, worksheets, depreciation methods, accounting for
accruals and deferrals, and accounting for inventories.
Financial Accounting Theory.
Equivalent course may be substituted.
See departmental chairperson.
OBJECTIVES:
At the completion of the course, the student will
be able to:
1. Understand accounting
principles and practices for proprietorships.
2. Introduce and illustrate the
double-entry accounting method of recording transactions and the accounting
cycle for service and merchandising businesses.
3. Describe and illustrate the
basic procedures for adjusting, summarizing, and closing the accounting
records and the preparation of the financial statements.
4. Develop accounting and
business terminology.
5. Become more computer
literate than before taking this course.
6. Access information from the
Internet.
7. Understand that accounting
standards and principles in the United States are not necessarily the same
in other countries.
GRADING:
Final Grading - 90-100, A; 87-89, B+; 80-86, B;
77-79, C+; 70-76, C; 67-69, D+; 60-66, D; Below 60, F.
Your final grade will be determined as follows:
Tests and Quizzes
80%
Final Examination
10%
Class Participation and Assignments
10%
Total
100%
POLICIES:
1. You are expected to complete
the reading assignment in the text and the questions assigned at the end of
each chapter prior to class.
This is necessary so you can have a good understanding of the reading and so
you can participate in class discussion.
2. Assignments are to be
completed neatly using the working papers provided with the text for certain
assignments and are due on the date specified.
Late assignments will not be accepted.
All assignments will not be collected.
3. The problems assigned for
homework and their solutions will be discussed in class.
Students are encouraged to ask questions on any matters that are not
clear to them.
4. You are expected to be in
the classroom at the start of the class period.
Tardiness will not be tolerated because it constitutes a disruption
of classroom activities. A
lower class participation grade will result from too much tardiness.
5. You are expected to
participate in all classroom activities.
Remember, in order to participate, you must be in the classroom. More than three unexcused 50-minute class absences may result in a lower grade for the course.
6.
There will be no makeup of tests.
One test grade will
be dropped. The Final
Examination cannot be dropped.
Test 1 - Chapter 1 and 2
Test 2 - Chapters 1 - 3
Test 3 - Chapter 4 - Worksheet, Financial Statements, and closing
entries
Test 4 - Chapters 4, 5, and 7
Test 5 - Chapters 8 and 9
Test 6 - Chapters 6 and 10
Comprehensive Final Exam - Chapters 1 - 10
7. Short quizzes will be given
from time to time so the instructor can evaluate the extent of the student's
knowledge about the subject.
There is no makeup of quizzes.
A few quiz grades will be dropped.
The rest of the quiz grades will be averaged to count a test grade.
8. NO EATING OR DRINKING is
allowed in the classroom.
OFFICE HOURS: Days Time Place
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