Accounting 11 (BAF3MO/BAI3E0)

COURSES TAUGHT  
Course Outline
 
Introduction to Information Technology (BTT100/2O0)

Welcome to Accounting 11. You have made a valuable choice.
This course will serve you
well in your career, no matter what your career is.

Upcoming Tests & Assignments
 
Introduction to Business (BBI 200)
Student Marks
 
Marketing 11 (BMI3C0)

Wednesday November 28, 2018 - Tuesday December 4, 2018 - We will complete the Chapter 7 review. Good luck!

Tuesday November 27, 2018 - We will take up the stuff from Friday and then work on:
1. 7.2 Exercises 1.
When this is done, we will start the Chapter 7 Review:
1. Accounting Terms
2. Review Exercises 1-6 (Easy)
3. Review Exercises 7-8 (Waaaahhhh).

Monday November 26, 2018 - Today is a PD Day... sleep in.... get some rest... then go outside for fresh air... then review notes for all your courses. :)

Friday November 23, 2018 - We will finish up the work from yesterday and then look at:
1. 7.1 Exercise 2.
We will then look at 7.2, which is all about when the trial balance does not balance and some steps you can take to find your error, including the 4 Quick Tests. Please complete:
1. Read 7.2
2. 7.2 Review 1-12.
3. 7.2 Exercises 2.

Thursday November 22, 2018 - We will start Chapter 7, which is on Posting and detecting errors and fixing them. Please complete:
1. Read 7.1
2. 7.1 Review 1-16.
3. 7.1 Exercises 1 and 3.

Wednesday November 21, 2018 - We will have a little bit of time to finish up the Chapter 6 review and spreadsheet exercises. We will take it all up.

Tuesday November 20, 2018 - We will get back into spreadsheets for a bit. We will do a tutorial on absolute and relative value. We will then work on the spreadsheet assignment in our textbooks that is on pages 193-197. Please submit:
1. your spreadsheet
2. your formulas.
Please remember:
1. your footer
2. Mr. B's 5 Spreadsheet Rules
3. Try to squeak it on to one page.
If you are done, please work on your Chapter 6 Review questions.

Monday November 19, 2018 - Today, we will work on the chapter 6 review:
1. Define Accounting terms.
2. Review Exercises 1-5.

Friday November 16, 2018 - We will carry on with our look at GST. Please complete:
a
. 6.4 Exercises 1-4.

Thursday November 15, 2018 - We will look at GST. It has two accounts associated with it - GST Payable and GST Recoverable. We will complete:
a. 6.4 Read pages 183 - 188.
b. 6.4 Review Questions 1-15.

Wednesday November 14, 2018 - Due to the Late Start day, we will not have class today.

Tuesday November 13, 2018 - We never really got things accomplised yesterday so we will work on that PST stuff:
1. Read 6.3 - pages 178-180.
2. 6.3 - Review 1, 2, 5, 6, 8.
3. 6.3 - Exercises 1-4.

We will take this up at the end of class.

Monday November 12, 2018 - We will start of with a quick OnTime Quiz. We will then take up the work from the source document section. We will then look at Provincial Sales Tax. (yeah... I know that we have a harmonized sales tax, but our textbook is written for the olden days)... Anyways, after the lesson, we will work on:
1. Read 6.3 - pages 178-180.
2. 6.3 - Review 1, 2, 5, 6, 8.
3. 6.3 - Exercises 1-4.

Friday November 9, 2018 - Wow... the Friday before Remembrance Day... this 100th Anniversary of the end of WW1. Today in class, we will look in depth at Source Documents. As riveting as this is, we gotta know em and more importantly, know how to do the journal entries for them. Exciting? Yes. Please complete:
1. Read section 6.2.
2. 6.2 Review 1-6, 10-14, 17-25.
3. 6.2 Exercises 1-5.

Thursday November 8, 2018 - Wow.. Chapter 6 already... Just truckin along! We will learn about the general journal. Please complete:
1. 6.1-Read page 157-163
2. Page 161– Section 6.1 – Review Questions 1-14.
3. Page 161 – Section 6.1 – Exercises 1-3.

Wednesday November 7, 2018 - I suspect that today will be the Big Chapter 4-5 Unit Test.

Tuesday November 6, 2018 - I suspect that we will use this day for test review.

Monday November 5, 2018 - We will hopefully be reviewing for our big Chapter 4-5 test. If you aren't done your Expanded Ledger Assignment, get this done first and review at home.

Wednesday October 31, 2018 - Friday November 2, 2018 - We will be working on the Expanded Ledger Assignment. I will also be giving you a Chapter 4-5 Review package that you can work on.
Please hand in the following, in this order:
Title page – include the usual information (title, your name, my name, course, date)
• Fiscal period beginning balance sheet (any format)
• The ledger
• The ledger formulas
• The transaction list
• The transaction analysis sheet
• The trial balance
• The trial balance formulas
• The chart of accounts
• The income statement
• The income statement formulas
• The final balance sheet (in report form)
• The final balance sheet (in report form) formulas
• The assignment evaluation sheet rubric with your name on it.
**Try to get formulas on as few as sheets as possible.

• Please also submit your MARKED COPY of your Simple Ledger Account assignment (DO NOT STAPLE it to this assignment. Just submit it with it).

Tuesday October 30, 2018 - We will go over a lot of the work from yesterday. We will introduce the Expanded Ledger Assignment. If you feel up to the task, you can work on Chapter 5 Review as well... especially if you want to get ahead of the game. It is as follows:
If you are done, you can start the Chapter 5 Review:
1. Terms
2. Review #1-7.
3. Questions for Further Thought 3-5, 7-9, 11-14.

Monday October 29, 2018 - We will start today's class with a quiz also. We will then take up the homework from the previous day. We will then look at the expanded ledger and the Equity Equation. We will also learn the new Report form Balance Sheet. Please complete:
1. Read 5.3 pages 136-139
2. 5.3 Review 1-7
3. 5.3 Exercises 1-3

Friday October 26, 2018 - Today is a PD Day! Catch up on your sleep!

Thursday October 25, 2018 - We will take up things from Chapter 5.1. We will look at Chapter 5.2 which is all about the income statement. We will learn a few new GAAPS and then we will learn about the chart of accounts. Please complete:
a. Pages 128-133 – Section 5.2 – Read the section.
b. Page 133 – Section 5.2– Review Questions 1-13.
c. Page 133 - Section 5.2– Exercises 1-4.

Wednesday October 24, 2018 - We will carry on with Chapter 5. We will take up the stuff from yesterday. We will carry on with 5.1 exercises:
1. 5.1 Review 4-6, 9.
2. 5.1 Ex 3-5.

Tuesday October 23, 2018 - We will be starting Chapter 5 today. This is where the course starts to get a little more complex, so it is important that you understand things so far! If not, please see me and we will get things straightened up. Please complete:
1. Read page 120-124.
2. Section 5.1-Rev 1-3, 7, 8
3. Section 5.1 Ex 1-2.

Monday October 22, 2018 - Well... it turns out we needed a little more time than we had planned... that's okay... so we will finish up the review, and the spreadsheet assignment today. We will move on to Chapter 5 tomorrow. If you weren't here on Friday, you have a quiz first thing. Please complete for homework:
a) Accounting Terms.
b) Using Your Knowledge 1-4.
c) Comprehensive Exercises 5-6.
d) Questions for Further Thought 1-10.

Friday October 19, 2018 - If we didn't have a quiz yesterday, we will have one today. We will work on finishing up our spreadsheets and then Chapter 4 review. Please complete:
a) Accounting Terms.
b) Using Your Knowledge 1-4.
c) Comprehensive Exercises 5-6.
d) Questions for Further Thought 1-10.

Wednesday October 17, 2018 - Thursday October 18, 2018 - We will work on the Simple Ledger Account Assignment. Please take the time to review your setup, formatting, etc.... Ensure things fit nicely on pages. Include footers on all pages. Please submit the following:
1. Title Page – please include on this:
a. Assignment name
b. Your name
c. Course name
d. My name
e. Date
2. Opening Balance Sheet
3. Ledger
4. Ledger formulas
5. Transaction List
6. Transaction Analysis Sheet
7. Trial Balance
8. Trial Balance formulas
9. Final Balance Sheet
10. Final Balance Sheet formulas
11. Please include your evaluation rubric at the back of the package.
*Please ensure that there are footers on all spreadsheet pages (not on formula pages).
We will finish up the review for Chapter 4.

Tuesday October 16, 2018 - We will start the Simple Ledger Assignment. Please ensure that your balance sheet from Chapter 2 has been corrected and then copy it into your Chapter 4 folder.

Monday October 15, 2018 - We may start with a quiz! Know your "Rules of Debit and Credit"... hint hint... :) Then, we will look at what a trial balance is and learn how to create one. Please complete:
a. Pages 98-101 – Section 4.4 – Read the section.
b. Page 101 – Section 4.4 – Review Questions 1, 2, 4-7.
c. Page 101 – Section 4.4 – Exercises 1-3.

Friday October 12, 2018 - We will learn about calculating the value of an account. With that, we will also learn about pin totals and pencil footings. We will also learn about Exceptional balances and the four meanings of "On Account". Please complete:
a. Page 93-96 – Section 4.3 – Read the section.
b. Page 96 – Section 4.3 – Review Questions 1-9.
c. Page 96 – Section 4.3 – Exercises 1-3.

Thursday October 11, 2018 - WOW! Look at all that snow! still hope to see you!

Wednesday October 10, 2018 - Hey... a snow day... hope to see you none-the-less!

Tuesday October 9, 2018 - We will back up the train a little bit and revisit Friday's lesson as it was a tough one and I wasn't here to explain the concepts. l also learn about Exceptional balances and the four meanings of "On Account". Please finish up:
a. Page 83-90 – Section 4.2 – Read the section.
b. Page 90 – Section 4.2 – Review Questions 1-12.
c. Page 91 – Section 4.2 – Exercises 1, 2, 4.

Friday October 5, 2018 - Now that we know how to create T-accounts and record the beginning balance, we will learn how to record changes in account balances using the rules of debit and credit. We will also learn the transaction analysis sheet. Please complete:
a. Page 83-90 – Section 4.2 – Read the section.
b. Page 90 – Section 4.2 – Review Questions 1-12.
c. Page 91 – Section 4.2 – Exercises 1, 2, 4.

Thursday October 4, 2018 - We will be starting chapter 4. We will learn about the ledger. Please complete:
a. Section 4.1 – Read pages 79-82.
b. Page 82 – Section 4.1 – Review Questions 1-7.
c. Page 82 – Section 4.1 – Exercises 1-3.

Wednesday October 3, 2018 - We will be having our Chapter 1-3 Unit Test today.

Tuesday October 2, 2018 - Then, we will start the Antonelli's spreadsheet. Follow the pages to help you set it up (65-67) and then the transactions on page 68. I will teach you how to transpose those values into a balance sheet that you will create on worksheet 2. If you finish all this, please print:
1. both spreadsheet pages.
2. both formula pages.

Monday October 1, 2018 - We will finish up the Chapter review and start the Antonelli's accounting assignment

Friday September 28, 2018 - PD Day today!

Thursday September 27, 2018 - We will work on Chapter 3 review.
Finally, complete the Chapter 3 Review and the Chapters 1-3 booklet (I will hand this out).
We will complete the chapter 3 Review:
a) Terms
b) page 70 - Review Exercises 1-6
c) page 71 - Challenge Exercise 7
d) Page 73 - Questions for further thought 1-8
e) Case 1 and 2.

Wednesday September 26, 2018 - We will take up the work from the past two days. Then, we will start the Antonelli's spreadsheet. Follow the pages to help you set it up (65-67) and then the transactions on page 68.

Tuesday September 25, 2018 - We will start the class with a quiz. We will take a further looke at transactions. We will look at the Steps in Analyzing a Transaction and discuss developing good work habits on page 62. Please complete:
a. Review/skim section 3.3.
b. 3.3 Review 2-5.
c. 3.3 Exercise 1-3.

Monday September 24, 2018 - We will do a review from yesterday. We will look at what an Equation Analysis Sheet is and learn how to complete one. Please complete:
a. Review/skim section 3.2.
b. 3.2 Review 1, 2, 4, 5.
c. 3.2 Exercise 1-3.

Friday September 21, 2018 - We will start the class with a quiz on how to construct a balance sheet or terms... or hey.. maybe two quizzes??? We will then look at what makes up a transaction. We will also look briefly at source documents and what they are. Please complete:
a. Review/skim section 3.1.
b. 3.1 Review 1-7.
c. 3.1 Exercises 1-5.

Thursday September 20, 2018 - We will get the spreadsheet balance sheets printed out together so you know how to do that... Then we will review the GAAP's and take a note on that. We will take up some of the GAAP questions that you had for homework and clear up anything that you didn't understand from the past two days when I was away.

Wednesday September 19, 2018 - We will work on Chapter 2 review. Please complete:
1. Terms - Define all. Use an example if possible.
2. Using Your Knowledge - #1-5, 7.
3. Q.F.F.T. - 1, 3, 6, 9.

Tuesday September 18, 2018 - We will finish up our balance sheets. Please print the following and then staple them in this order:
1. Balance Sheet - it must look awesome... follow Mr. B's 5 spreadsheet rules.
2. Formulas - don' thave to look good... just make sure you squeak it on to one page.
We will look at section 2.4 (GAAPs). Please complete the following:
a) Review Section 2.4.
b) 2.4 - Exercise 1.
c) 2.4 C.F.F.T. 1-3, 5. Explain yourself in detail.

Monday September 17, 2018 - We will finish off our tutorials from last day. Then we will start on the balance sheet assignment - a balance sheet for ourselves. Please ensure you have a minimum of two accounts receivable and two accounts payable.... make them up if you have to.

Friday September 14, 2018 - We will have shortened periods today. We will likely start out with a Balance Sheet quiz... know how to make em! We will look at Generally Accepted Accounting Principles (GAAPs). We will complete a spreadsheet tutorial.

Thursday September 13, 2018 - We will talk about claims against the assets of a business, accounts receievable, accounts payable.
a) Read section 2.3.
b) 2.3 Review Questions 1-5. (page 27).
c) Exercises 1 and 2. (page 27).

Wednesday September 12, 2018 - We will talk about claims against the assets of a business, accounts receievable, accounts payable.
a) Read section 2.3.
b) 2.3 Review Questions 1-5. (page 27).
c) Exercises 1 and 2. (page 27).

Tuesday September 11, 2018 - We will start to look at what a balance sheet is and how to make them. We will stress the basic bookeeping practices on pages 22-24. Please complete:
a) Read pages 18-24.
b) Review Questions 11-17. (page 24).
c) Exercises 1 and 2. (page 24).

Monday September 10, 2018 - We will start the class with a review and then a review quiz of Chapter 1. Then, we will start Chapter 2. We will look at financial position and what that means.
a) skim section 2.1.
b) Exercises 1-6.

Friday September 7, 2018 - We will review from yesterday. Then we will also look at accounting designations and what it takes to become an accountant. We will look at the relationship between revenue, profit, and expenses. Please complete:
a) read pages 7-9.
b) Chapter 1 Review Questions 8-17. (page 10).
c) Chapter 1 Using Your Knowledge 1-3. (page 11).

Thursday September 6, 2018 - We will look at what accounting is and the five main activities of accounting. Then, we will look at the accounting cycle. We will start:
a) reading pages 1-6 in our textbook
b) Review Questions 2-7 on page 10.
We will then look at forms of business ownership and the types of business ownership.

Wednesday September 5, 2018 - Welcome to Accounting 11. You have selected a course that will serve as a great business tool and could also be the stepping stone to a career in Accounting/business. Today, will serve as an introduction to the course, we will play some games, tell some stories and learn what accounting is. We will follow this up with a little observation game
We will also do a review of what accounting is and the five main activities of accounting. Then, we will look at the accounting cycle,We will start:
a) reading pages 1-6 in our textbook
b) Review Questions 2-7 on page 10.

 
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