Principles of Accounting One

(ACC 131= , Section BE, CRN 11328)

Fall 200= 8

Instruct= or: Tim Prindle

Office:<= span style=3D'mso-spacerun:yes'> 131

Office P= hone: 433-5081

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Course Description: Principles One= introduces the student to principles of accounting with emphasis placed on = the users and uses of accounting information.&= nbsp; The double-entry bookkeeping system is presented with a focus on the= end result of the accounting system, the financial statements.

Class Meeting Time and Location: This class will meet on TTh from 3:00 to 5:00 PM. (See detailed Schedule of Cl= ass Meetings.) All class meetings= will be held in Room 160.

My Office Hours: Will be distributed separately.&nbs= p;

Mate= rials: = Accounting Principles by Weygandt, Kieso and Kimmel. 8^th edition, Wiley Publishing.

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&= nbsp; &nbs= p; Working Papers for Exercises and Problems, Volume 1 by Weygandt, Kieso and Kimmel. Wiley Publishi= ng.

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&= nbsp; &nbs= p; 4-Function calculator (non-programmable).

Course Competencies: A copy of the course competencies = for ACC 131 will be distributed separately.&nb= sp; This set of competencies is a list of the topics that we will study together and that you are expected to master by the conclusion of the cours= e.

Accommodations Policy: It is the policy of DMACC to accom= modate students with disabilities. A= ny student with a documented disability who requires reasonable accommodation should contact the special needs coordinator at (515) 964-6850 voice or = (515) 964-6810 TTY.

Cheating: The policy of this course is to have zero-tolerance for cheating on = any exam or quiz. Students caught cheating will receive zero points on that exam or quiz with no possibility = of retaking it. Those who cheat = will also be referred to DMACC administration for a formal reprimand pursuant to= DMACC Educational Services procedures 262 A and B.

Evaluation: Grades will be based on total points earned.

Exam I	100
Exam II	100
Exam III<= /p>	100
Exam IV	100
Exam V &a= mp; Post-Test=	130
Chapter Quizzes	100
Homework<= /p>	100
Total Poi= nts	730

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Grade	%	Points
A	>93	>586
A-	90-92	567-585
B+	87-89	548-566
B	83-86	523-547
B-	80-82	504-522
C+	77-79	485-503
C	73-76	460-484
C-	70-72	441-459
D+	67-69	422-440
D	63-66	397-421
D-	60-62	378-396
F	<59	<378

Exams: Exams will be constructed in a multiple-choice format with the possibility of a practice type problem.&nb= sp; Each multiple choice question is worth three points and practice problems are worth approximately ten points. Missed exams need to be made up wi= thin 2 days of the exam date to avoid a 50% reduction in points. Except for the Post-Test, I will throw out your lowest exam score. See the attached Schedule of Class Meetings for a tentative exam schedule.

Quizzes: There will be a total of ten unannounced quizzes available for those students who attend class. Each quiz will be worth 10 points. The purpose of the quizzes is to e= nable students to demonstrate they have read and studied the textbook chapters. Quizzes also encourage attendance = and are a means for students to earn some pretty easy points. Quizzes cannot under any circumsta= nces be made up if missed. After I record your score, I will return the quizzes so you have them for study purposes.

Homework: Homework consists of a problem assigned from each chapter. (See the attached Schedule of Assignments.) Homework is due= to be handed in on the day we review it in class. You can earn up to ten points per chapter for homework completed and handed in when due. Partial credit is available for incomplete homework at the discretion of the instructor but no credit is available for homework not turned in when due.

A= cademic Achievement Center: This is the place where all make-up exams will be offered. = For the Boone Campus, it is located on the first floor across from the library.= Here are some rules to follow when= it comes time to use the Center:

So use the restroom or eat or drink something before you commence an exam.
For example, don’t go t= o the Center a half hour before they close or you won’t have enough ti= me to finish the exam.

How to succeed in this course:

If you are lat= e, come anyway. If you walk= in late, do so unobtrusively. If you have to leave early, that is OK.&= nbsp; Try to tell me ahead of time that you plan to do so.
Come prepared to work. When I begin talking about the material and working problems, I assume you have read the chapter. If you have not, you are not maximizing your potential.
You need to= know how to listen for content which includes understanding context and specific directions.
Employers really like it if you can demonstrate proficiency with spreadsheet software. Th= is is a good time to learn and practice on it.
In rea= l life these are needed when working with inventories, reports, analyses, estimates, taxes, etc.
I need to have your complete attention. Extraneous ta= lking can be disruptive to the whole class.
Do not work on work for other courses. Again, I need y= our full attention.
This means no outgoing phone = calls or text messages and pictures. You should consider buying an inexpensive calculator to use rat= her than a cell phone calculator.
Be assertive. You run the risk of wasting y= our time and tuition dollars if you don’t get your questions answere= d.

Schedule of Class Meetings

Accounting 131 BE

Fall 2008

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Chpts.	Topics	Lecture/R= ecitation	Exams
--	Introductions, Get acquainted, review syllabus	August 26 &nbs= p;	--
1, 2, 3, = 4	Definitions, transactional analysis, financial stmts= ., recording process, adjustments, worksheet	August 26 – Sept. 18	E I: S= ept. 23
5, 6, 7	Merchandising, inventories, sub ledgers, special jou= rnals	Sept. 25 – Oct. 7	E II: Oct. 9
8, 9	Internal control over cash, petty cash, use of bank services, bank reconciliation, receivables	Oct. 14 – 23	E III: Oct. 28
10 & = 11	Fixed assets, depreciation, natural resources, intangibles, R&D, disposals and exchanges, current liabilities, payro= ll	Oct. 30 – Nov. 11	E IV: = Nov. 13
12, 13 &a= mp; 14	Partnership accounting, corporations and corporate accounting issues	Nov. 18 – Dec. 4	E V: T= uesday, Dec. 11; 1:00 – 3:15PM

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Schedule subject to change.

Principl= es of Accounting I

ACCT 131= BE

Homework Assignments

Fall 2008

Chapter	Exercise = (E) or Problem (P)
1	None
2	P2-5A
3	P3-3A
4	P4-5A
5	P5-4A
6	None
7	None
8	P8-4A
9	P9-1A
10	P10-2A &a= mp; 7A
11	P11-5A
12	P12-2A
13	P13-3A
14	None

Each chapte= r’s homework is worth ten points. To earn these points, homework is due on the day it is reviewed in class. That day will be announced in clas= s.