What is Accounting 2 All About?
Students will analyze transactions involving departmental purchases, sales, cash receipts, and payments. Students will learn different methods of reporting prepaid and accrued expenses and income. Students will complete a simulation on partnerships and corporate financial activities. The student is exposed to transactions affecting capital stocks and bonds and corporate financial reports. The student becomes familiar with the basic principles of cost accounting found both in a service and a manufacturing business. The student will also be able to make basic management decisions by analyzing financial statements to determine what financial changes have taken place from one fiscal period to the next.
- All assignments for a given chapter are due the day of the chapter test. For example, all assignments given for Chapter 1 are due the day we take the Chapter 1 Test. Worksheets must be submitted to Mrs. Burnett by the end of that school day. Aplia assignments will close at 11:45 pm that night.
- In the online gradebook (Infinite Campus/Parent Portal), assignment scores may be marked in two ways. Assignments denoted as "M" or Missing are those that have been assigned for the current chapter and can still be submitted for points. Assignments marked as "L" or Late past due and can no longer be submitted for points.
- Aplia assignments can continue to be modified until the due date. Students should see Mrs. Burnett to see what mistakes they have made on their assignments in progress. Once a student has earned a perfect score on an assignment, that score will be posed in the online gradebook (Infinite Campus/Parent Portal). If an assignment's score is blank, the assignment is incomplete or corrections need to be made.