| 9a. Catalog Description: |
| Examines the legal, tax, and other reasons for keeping business documents, what kinds should be kept, and how to create them. The use of various manual and computer systems is explored. |
| 9b. Other Catalog information: |
| This is a credit/no credit only course. |
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| 10. Student Performance Objectives: |
As a result of successful completion of this course, a student will be able to:
1. Set up a basic set of accounting records.
2. Know how to establish proper procedures for the financial control of a small business.
3. Set up a payroll system for a small business.
4. Make tax payments for a small business on the appropriate form.
5. Control cash, make deposits and reconcile bank statements. |
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| 11. Methods of Evaluating Student Achievement: |
| Assigned projects and objective tests/quizzes |
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| 12. Student Assignments (Homework): |
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| a. Required Reading Assignments: |
| 20-30 pages per week (40-60 per module) |
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| b. Required Writing Assignments: |
| Course project |
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| c. Other (Terms projects, research papers, portfolios, etc.) |
| Library research |
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| 13. Course Content Outline: |
The substance of this course requires students to analyze, evaluate, investigate, compare and contrast the elements of keeping records for a small business.
I Introduction to Bookkeeping and Records Management
II Recording Transactions
A) Cash controls
B) Cash records
C) Making deposits
III Recording Payments on an Accounts Receivable Ledger
IV Using a Cash Disbursement Journal
V Maintaining Payroll Records
VI Maintaining an Accounts Payable Ledger
VII Making Tax Payments
A) Payroll
B) Sales tax
VIII Reconciling a Bank Statement |
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| 14a. All textbooks, resources and other materials used in this course are: |
| Not primarily college level
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| 14b. EXAMPLE texts, reading and resources:
|
Randall Shores. Starting and Managing a Small Business.
Randall Shores, 2003
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