Accounting 10 is an introductory course designed to inform learners of the role of an accountant in a service business. In Accounting 10, we will introduce basic definitions and concepts, as well as foundational information such as the accounting equation and transaction entries. Learners will use this information to create financial papers that are used throughout industry to make business decisions.
Accountancy is informed and guided by standards. In Accounting 10, we will examine the Generally Accepted Accounting Principles (GAAP). These standards will support the concepts learned throughout the course and inform our decision-making.
Throughout this course, we will examine how a service business, organized as a sole proprietorship, records, processes, analyses, and presents financial information. As part of this examination, we will look at different cash controls and how a business ensures the legitimacy of the financial records and data it maintains. Finally, we will prepare financial statements which are the critical to the process of making informed business decisions.
Students taking Accounting 10 will choose from Aplia accounting Software or Microsoft Excel for the completion of the accounting problems. Computerized accounting, while different from business to business, is the standard format used in accountancy today.
Introducing the Service Firm
Introduction to Transactional Accounting
Introducing “The Accounting Cycle” Steps 1-3
Introducing “The Accounting Cycle” Steps 4-7
Sun West DLC provides required items to be successful in your course.
Students need to have the following for this course. You will need to supply these items.