Professional Documents
Culture Documents
Mr. Pygman
Please use the Canvas Inbox Messaging System
Phone:
630.375.3791
Course Description
How do businesses keep track of their money? How do businesses protect their money? What do potential careers in the field of
accounting look like?
Business Accounting teaches students how businesses keep financial records to determine income, expenses, and profits.
Students will examine double-entry accounting methods including the accounting cycle. Students will learn how to apply
automated accounting systems to complete major accounting processes. Students will examine various accounting career paths,
student accounting organizations, and recognize the role of ethics in the field of business.
Required Materials
Consistent access to the Internet and a paper folder for organizing work you print out.
SEMESTER GRADES
Semester Work
Semester Final
SEMESTER GRADES
80%
20%
Homework
Projects
Quizzes
10%
20%
70%
GRADING SCALE
90-100.0% A
80-89.99% B
70-79.99% C
60-69.99% D
below 60% F
Participation
The key to becoming a successful accounting student is practice and participation. Please ask questions whether they are
directed to a classmate or your teacher. Please challenge your own thinking. Please practice examining case studies, problem
sets, and other tasks from multiple perspectives such as a business owner, manager, employee, customer, investor, or
accountant.
Late Work
This is a business class and will be treated as such. All work should be turned in by the due date. If you need an extension,
please proactively reach out to me. When appropriate, I will provide you additional time to complete assignments. However, you
need to prepare a professional message stating why you need an extension and what assignment the extension is for.
Logging In Online
When you log into the course, you are expected to complete a series of actions before you begin studying:
1. Check for course announcements
2. Check for course inbox messages
3. Examine your grade
4. Review assignment deadlines
5. Begin working
Technical Support
Please contact the eLo technical support specialist with technology questions.
E-mail: christina_burken@ipsd.org
Phone: 630.375.3772
1:1 virtual chat: Located at www.eloconsortium.org
computer literate
effective communicators
independent
motivated
organized
problem-solvers
Research shows successful online learners
First Semester
Intro to Accounting
Types of Businesses and Accounting Careers
Business Transactions and the Accounting Equation
Transactions that Affect Assets, Liabilities and Owners Equity
Transactions that Affect Revenues, Expenses and Withdrawals
Recording Transactions in a General Journal
Posting Journal Entries to General Ledger Accounts
The Six-Column Worksheet
Financial Statements for a Sole Proprietorship
Completing the Accounting Cycle for a Sole Proprietorship
Second Semester
Cash Control and Banking Activities
Payroll Accounting
Payroll Liabilities and Tax Records
Accounting for Sales and Cash Receipts
Accounting for Purchases and Cash Payments
Special Journals: Sales and Cash Receipts
Special Journals: Purchases and Cash Payments
Adjustments and the Ten-Column Worksheet
Financial Statements for a Corporation
Completing the Accounting Cycle for a Merchandising Corporation
Accounting for Publicly Held Corporations