Accounting 11, version 03 (4 credits)

It is recommended that students complete:
• Grade 10

This introductory course is designed for those students seeking entry-level employment skills or personal skills. Students will gain insights into financial problems and solutions which have benefits for entrepreneurial and professional careers.

Module 1:

Section 1: The balance sheet
Section 2: The income statement
Section 3: The journal and the ledger
Section 4: The work sheet and classified financial statements
Module 1 Test covers the work of Module 1.

Module 2:

Section 1: Completing the accounting cycle for a service business
Section 2: Project—the Accounting cycle—Westbrook Cinema section
Section 3: Merchandising and sales tax accounts
Module 2 Test covers the work of Module 2.

Module 3:

Section 1: The subsidiary ledger system
Section 2: The special journal system
Section 3: Project—the special journal system—Jonsson’s Furniture
Section 4: Payroll accounting
Module 3 Test covers the work of Module 3.

Module 4:

Section 1: No longer required for the course.
Section 2: No longer required for the course.
Section 3: Cash control
Section 4: Interpreting accounting data

The textbooks and resources for this course are:

Principles of Accounting
Working Papers 1
Working Papers 1, Teachers Edition
Working Papers 2
Working Papers 2, Teachers Edition