Department of Accounting
Northern Virginia Community College
Manassas Campus
Spring 2002
 

1. COURSE INFORMATION:

   ACC 211 Principles of Accounting l  (3 CR. HRS)
   Accounting Principles and practices applied to routine
   business transactions and events, components of an accounting
   system, and financial statement presentation. Lecture 3 hours
   per week

2. GENERAL COURSE PURPOSE:

   This course is designed to give the beginning business students
   a general understanding of the purpose of accounting, the capacity to perform basic accounting functions, and a working
   knowledge in financial statement preparation.

3. ENTRY-LEVEL COMPETENCIES:
   A working knowledge of arithmetic, average skills in reading
   comprehension, and the ability to visualize and understand
   basic operations of individual business activities in a free
   enterprise economic system.

4. COURSE OBJECTIVES/EDUCATIONAL OUTCOMES:

   Students will learn to analyze routine business transactions and events, record them in journals and ledgers, summarize         recorded data, determine effects of internal value changes within the business enterprise, and prepare financial              statements.

   Students will learn both accounting theory and practice which
   will prepare them for continued study in accounting or to
   acquire the ability to manage personal and career finances.

5. MAJOR TOPICS TO BE COVERED:

   a. Transaction analyzing, journalizing and posting to ledgers.
   b. The cycle of actions required to identify, record and
      summarize financial transactions of a simple business
      enterprise.
   c. Managing and accounting for cash receipts, payments and
      merchandise inventories.
   d. Determining and recording financial effects of internal
      value changes within the business.
   e. Preparing financial statements.
   f. Accounting for receivables and payables.
   g. Inventory valuation and cost of goods sold.
   h. Fixed asset valuation and depreciation.
   i. Payroll accounting.
   j. Partnership accounting.
 

6. TEXT BOOK: 

Fundamental Accounting Principles 16th edition by Larson,Wild & Chiapetta with working papers and Study                     Guide. 

    Practice set Thunder Mountain Snowmobile is due by April 30,       2002.

7. INSTRUCTOR:
    
    Abdul K Baten, CPA
    2637 Paddock Gate Ct
    Herndon, VA-20171
    Phone H 703-742-9829
              O 703-257-6615
    Email baten@erols.com or nvbaten@nvcc.edu
          
    OFFICE HOURS:  Before and after class period by appointment                                                

8. TESTS AND QUIZZES:

   All tests and exams must be taken on the date specified. If
   you will not be able to take an exam on the date planned,
   you must notify the professor prior to exam date, otherwise
   you will get ZERO in that exam.

9. ACADEMIC INTEGRITY:

   Dishonesty and plagiarism will not be tolerated and will be
   dealt with according to the rules of the College.

10.GRADING SYSTEM:

   Final grade will be determined as follows:

            Exam 1                 20%   A 100-90
            Exam 2                 20%   B  89-80
            Exam 3                 20%   C  79-70
            Final Exam             30%
            Practice set           10%   D  69-60
                                         F  under 60.
 11. ASSIGNMENT SCHEDULE:

     Detail assignment is listed in the following page. All
     Class work and homework problems must be done before coming
     to class. Solutions to class work and homework problems will
     be discussed in class and students will be asked to present
     his/her answers/solutions to these problems.

12. STUDENT INPUT AND ATTENDANCE:
    Reading the chapters assigned, 100% attendance and effective
    class participation are essentials of getting good grade.
    If you miss 30% or more of classes you will get an F
    in the course. If for any reason you cannot complete the 
    please go to the admission office and withdraw from class
    otherwise you will get an F.

Assignment Schedule:
            
Date               Chapters                       Class work                                         
 1/15                    1                           E1-4,10
   17                     1
   24                     2                           E2-,5,10,11                                                       P1-2
   29                     2
   31                     3                           E3-2,3,4,14                                                       P2-1,2
 2/ 5                     3
    7                      4                           E4-1,2,9,10                                                       P3-1,3
   12                     4                                                                                                     P4-2
   14                     Review                                         
   19                     Exam 1(1-4)                                                
   21                     5                              E5-6,13                               
   26                     5                              P5-2,3                                                            P5-2,4
   28                     6                              E6-5,6,7                                                                
 3/ 5                     6                              P6-2,3                                                            P6-2,3                 
    7                      7                              E7-4,5,                                               
   19                     7                                                                                                     P7-2,3
   21                     Review                                                      
   26                     Exam 2 (5-7)                                                                 
   28                     8                              E8-5,6                                   
 4/ 2                     8                              P8-3                                             
    4                      9                              E9-6,7                                                                                                  
    9                      9                              P9-3,4               
   11                    10                              E10-7,8                                                                                         
   16                    10                              P10-2
   18                    Exam 3  (8-10)                                                                          
   23                    11                              E11-6,7                               
   25                    11                              P11-5
   30                    12                              E12-6,7
 5/ 2                    12                              P12-1
    7                    Final Exam (11-12)           
 

All home work and class work assignments must be done before coming to class. Students will be asked to present his/her solutions/answers to assigned problems.