Summary:  Accounting I

 

Chap

Pages

Title

1

2-15

Accounting in a Private Enterprise Economy

2

17-36

Business Transaction and The Basic Accounting Equation

5

83-105

Recording Transactions in a General Journal

6

107-126

Posting Journal Entries to General Ledger Accounts

 

128-129

Mini Practice Set 1

7

130-146

Preparing a Six-Column Work Sheet

8

148-166

Preparing Financial Statements for a Sole Proprietorship

9

168-185

Completing the Accounting Cycle for a Sole Proprietorship

10

187-205

Cash Control and Banking Activities

 

207-209

Mini Practice Set 2

11

212-236

Accounting for Sales on Account

12

238-263

Accounting for Cash Receipts

13

265-287

Accounting for Purchases on Account

14

289-315

Accounting for Cash Payments

15

317-336

Recording General Journal Transactions

 

338-340

Mini Practice Set 3

16

341-362

Preparing a Ten-Column Work Sheet

17

364-381

Preparing Financial Statements for a Corporation

18

383-408

Recording Adjusting and Closing Entries

 

410-413

Mini Practice Set 4

 

 


 

Chapter 1—Accounting in a Private Enterprise Economy (p 2-15)

Date

Page

Num

Title

 

14

E 1-1

Understanding Business and Accounting Terms

 

14

E 1-2

Using Financial Information

 

 

Video

“Accounting the One Degree with 360° of Possibilities”

 

14

E 1-3

Exploring Accounting Careers

 

15

E 1-4

Describing Types of Businesses

 

 

 

TEST: 

 

 

 

 

 

Chapter 2—Business Transaction and The Basic Accounting Equation (p 17-36)

Date

Page

Num

Title

 

32

E 2-1

Balancing the Accounting Equation

 

33

E 2-2

Classifying Accounts

 

33

E 2-3

Completing the Accounting Equation

 

33

P 2-1

Classifying Accounts within the Accounting Equation

 

33

P 2-2

Determining Increases and Decreases in Accounts

 

34

P 2-3

Determining the Effects of Transactions on the Accounting Equation

 

35

P 2-4

Determining the Effects of Business Transactions on the Accounting Equation

 

35

P 2-5

Describing Business Transactions

 

36

P 2-6

Completing the Accounting Equation

 

 

 

TEST

 

 

 

 

 

Chapter 5—Recording Transactions in a General Journal (p 83-105)

Date

Page

Num

Title

 

101

E 5-1

Analyzing Business Transactions

 

102

E 5-2

Correcting Errors in Journal Entries

 

102

E 5-3

Numbering Accounts

 

103

P 5-1

Preparing a Chart of Accounts

 

103

P 5-2

Recording General Journal Transactions

 

104

P 5-3

Recording General Journal Transactions

 

104

P 5-4

Recording General Journal Transactions

 

105

P 5-5

Recording General Journal Transactions

 

 

 

TEST


 

 

 

 



Chapter 6—Posting Journal Entries to General Ledger Accounts (p 107-126)

Date

Page

Num

Title

 

123

E 6-1

Posting to Ledger Accounts

 

123

E 6-2

Determining Account Balances

 

123

E 6-3

Correcting Errors

 

124

P 6-1

Posting General Journal Transactions

 

124

P 6-2

Preparing a Trial Balance

 

124

P 6-3

Journalizing and Posting Business Transactions

 

125

P 6-4

Journalizing and Posting Business Transactions

 

126

P 6-5

Recording and Posting Correcting Entries

 

 

 

TEST

 

 

 

 

 

 

Mini Practice Set 1 (p 128-129)

Date

Page

Num

Title

 

 

 

AUDIT TEST 1: 

 

 

 

 

 

Chapter 7—Preparing a Six-Column Work Sheet (p 130-146)

Date

Page

Num

Title

 

142

E 7-1

Entering Account Balances on the Work Sheet

 

143

E 7-2

Extending Amounts

 

143

E 7-3

Calculating Net Income or Net Loss

 

143

P 7-1

Preparing a Six-Column Worksheet

 

144

P 7-2

Preparing a Six-Column Worksheet

 

145

P 7-3

Preparing a Six-Column Worksheet

 

145

P 7-4

Locating and Correcting Work Sheet Errors

 

145

P 7-5

Completing the Work Sheet

 

 

 

TEST