• Accounting 1/2/3/4  

     

    Accounting 1

    Accounting 1 is the first of four levels of high school accounting. The student will receive ½ unit of high school credit upon successful completion of this course. College credit for accounting can be earned. (Details on college credit will be given with UAA enrollment forms.)  Accounting 1 includes the basic steps in the accounting cycle, cash control systems such as checking accounts, petty cash, and payroll activities in a single proprietorship and simple partner business. Manual and computerized journaling is used during the semester.

    Accounting 2

    Accounting 2 is the second of four levels of high school accounting.  The student will receive 1/2 unit of high school credit upon successful completion of this course.  College credit for accounting can be earned.  (Details on college credit will be given with UAA enrollment forms.)  Accounting 2 includes the steps in the accounting cycle for a corporation including the following topics: uncollectible accounts receivable, plant assets, property tax, depreciation expense, inventory costing methods, notes receivable/payable, interest receivable/payable, financial statements and all end-of-fiscal period work.

    Accounting 3

    Accounting 3 is the third of four levels of high school accounting.  The student will receive 1/2 unit of high school credit upon successful completion of this course.  College credit for accounting can be earned.  (Details on college credit will be given with UAA enrollment forms.)  Accounting 3 includes recording departmental purchases and sales, cash payments and receipts, calculating and recording payroll data, financial reporting, voucher systems, inventory planning and valuation, uncollectible accounts, plant assets, notes payable/receivable, prepaid expenses, accrued expenses/revenue, and unearned revenue. Manual and computerized journaling is used during the semester.

    Accounting 4

    Accounting 4 is the fourth and final level of high school accounting.  The student will receive 1/2 unit of high school credit upon successful completion of this course.  College credit for accounting can be earned.  (Details on college credit will be given with UAA enrollment forms.)  Accounting 4 includes the steps in the accounting cycle for partnerships, corporations, manufacturing and non-profit businesses. The topics that are highlighted include the following: financial performance reports, comparative financial statements, cost accounting transactions, end-of-fiscal period work, and governmental transactions. Manual and computerized journaling is used during the semester.

     

Last Modified on March 31, 2022