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Level: College Prep and Honors

Prerequisite: Completion of Grade 9

Do you know the language of business? Are you pursuing a business college or a career in finance? Accounting is the financial language of all business organizations. It is the analyzing and organizing of financial data for professional use, as well as for personal use. Come learn how to analyze and organize financial data to understand the financial health of a business through skills like analyzing transactions, drafting and preparing financial period statements for a single owner business and partnerships in a merchandising business. The design and preparation of a portfolio, representing growth and/or best works will be initiated.

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  • Accounting for a Service Business Organized as a Proprietorship
    • Chapter 1 Starting a Proprietorship
    • Chapter 2 Starting a Proprietorship: Changes that Affect Owner's Equity
    • Chapter 3 Analyzing Transactions into Debit and Credit Parts
    • Chapter 4 Journalizing Transactions
    • Chapter 5 Posting to a General Ledger
    • Chapter 6 Cash Control Systems
    • Chapter 7 Work Sheet for a Service Business
    • Chapter 8 Financial Statements for a Proprietorship
    • Chapter 9 Recording Adjusting and Closing Entries for A Service Business

  • Accounting for a Merchandising Business Organized as a Partnership
    • Chapter 10 Journalizing Purchases and Cash Payments
    • Chapter 11 Journalizing Sales and Cash Receipts
    • Chapter 12 Posting to a General and Subsidiary Ledger
    • Chapter 13 Preparing Payroll Records
    • Chapter 14 Payroll Accounting, Taxes, and Reports
    • Chapter 15 Work Sheet for a Merchandising Business
    • Chapter 16 Financial Statements for a Partnership
    • Chapter 17 Recording Adjusting and Closing Entries for a Partnership




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Massachusetts Department of Elementary and Secondary Education



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accounting1mhs.wikispaces.com