Map: Accounting Type: Consensus Grade Level: 11 School Year: 2007-2008

Author: Chip Jaeger District/Building: Minisink Valley CSD/High School

Created: 10/19/2007 Last Updated: 11/06/2007

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Essential Questions Content Skills Assessments Standards/PIs

What is the accountingequation?

What accounts comprise eacheach part of the accouing

equation?What is a balance sheet, and

how is one created?How is Owner Equity Changed?

Students will complete noteson chapters related to the

accounting equation, balancesheet, analyzing transactions,

and how owners equity isimpacted. They will then

complete practice problemsrelated to said content.

Students will receive a review& exam accordingly.

Increase and decrease

accounts given a transaction.

Create Balance sheets.

Keep the accounting equation

in balance.

Students will be assessed

through application problems,Homeworks, class questioning

& Chapter exams.

The student will balance the

accounitng equation, givenmissing data.

The student will identify thedifference between Assets,

Liabilities & Owners Equity.Given data the student will

create a Balance sheet.Students will be able to

demonstrate how atransaction results in a change

of Owners Equity.

CDOS3-K7-7A

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Essential Questions Content Skills Assessments Standards/PIs

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How does a transaction impactthe accounting equation?

How is an account debited &credited?

How does a transaction affectowners equity?

How is a transactionjournalized?

How does a journal transactionimpact owners equity?

How is a journal proved &ruled?

How is Cash proved?

Students will use T accounts toidentify the process by which

transactions are debited &credited.

Students will identify thenormal balance of different

types of accounts.

Students will identify how atransaction impacts the

balance of an account.

Students will identify a source

document.Students will differentiate

between general and specialamount columns in the journal.

Students will prove & rule ajournal.

Create T accounts given

journal transactions.Prepare a journal given

transactions.Define & Identify types

of source documents.Prove and rule a journal.

Prove cash

Students assessed through

application problems,Homeworks, class questioning

& Chapter exams.

CDOS3-K7-7A

Essential Questions Content Skills Assessments Standards/PIs

What steps are required to

complete file maitenance?

What is posted to the generalledger?

How are items posted to thegeneral ledger?

How are coreecting entries

recorded?

How are checks & deposit slips

recorded?

How is a bank statementreconciled?

How is a dishonored checkrecorded?

How is a petty cash fund

established & replenished?

Given a Ledger students will

post transactions from thegeneral & special amount

columns.Students will make correcting

entries to the journal.Students will write checks,

deposits slips & keep a checkregister for a personal &

business checking account.Students will reconcile a bank

statement. (balance acheckbook)

Post to the general ledger

throug application problems.Complete checking simulations.

Place correcting entries on aJournal page.

Students assessed through

application problems,simulations, Homeworks, class

questioning & Chapter exams.

CDOS3-K7-7A

CDOS2-K1-1A

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Essential Questions Content Skills Assessments Standards/PIs

How are checks & deposit slipsrecorded?

How is a bank statementreconciled?

How is a dishonored check

recorded?

How is a petty cash fund

established & replenished?What are the different types of

endosements?

Students will completechecking Simulations.

Students will completeReinforcement Activity 1.

Complete checking simulations

including checks, deposit slips,bank statements and

reconciliations.Students will complete

reinforcement activity - Createa chart of accounts, Complete

a journal, Post to a generalledger.

Students assessed through

application problems,simulations, Homeworks, class

questioning & Chapter exams.

CDOS2-K1-1A

CDOS2-K1-1C

Essential Questions Content Skills Assessments Standards/PIs

What is consistant reporting?

How is a Worksheet created?

How are adjustments planned

on a worksheet?

How are worksheetsextended?

How are errors corrected ona

Students will create aWorksheet for adjusting entries

for a service business.Students will find errors on a

worksheet and makecorrections.

Students will calculate netincome & net loss on a

worksheet.Students will create a

worksheet on Microsoft Excel.

Demonstrate ability to make aworksheet.

Interpret a gain or loss.Uses Microsft Excel to create a

worksheet for a servicebusiness.

Utilize the worksheet to makeadjustments.

Students assessed throughapplication problems,

simulations, Homeworks, classquestioning & Chapter exams.

CDOS2-K1-1ACDOS2-K1-1B

CDOS2-K1-1C

worksheet?

How is Excel used to track andcalculate financila data?

Essential Questions Content Skills Assessments Standards/PIs

What are taxes and What do

they pay for?What tax forms are used by

individuals to file taxesannually?

What items increase andreduce the amount of

taxespaid by an individual orfamily?

What forms must I use todetermine employer

withholding?

Define vocabulary associated

with taxes.

Define & discuss items thatimpact tax responsibilty.

Prepare 1040 EZ and 1040awith dependants.

Fill out a W4 form.

Given a 1040 EZ, students will

complete tax form for a singleindividual as a dependant of

thier parents and as a singleindividual.

Given a 1040A students willcomplete a tax form for a

family with children.Students will properly complete

a W4.Students will be given the

opportunity to complete theirown tax forms in class.

Students assessed through

application problems,simulations, Homeworks, class

questioning & Chapter exams.

CDOS2-K1-1A

CDOS2-K1-1BCDOS2-K1-1C

Essential Questions Content Skills Assessments Standards/PIs

What data is included on an

Incme statement?

How is an income statementprepared?

What data is included on aBalance Sheet?

How is a balance sheet

prepared?

What are adjusting entries?

How are adjusting entries

recorded?

Student will create income

statements and balanccesheets from a worksheet.

Students will use Excel to

create an income statementand a balance sheet.

Students will record adjustingentries. Students will

journalize and post adjustingentries.

Define & create a balance

sheet & income statementincluding component

percentages.Journalize and post adjusting

entries.

Students assessed through

application problems,simulations, Homeworks, class

questioning & Chapter exams.

CDOS3-K7-7A

Essential Questions Content Skills Assessments Standards/PIs

Why are closing entriesrequired?

What are the closing entries forthe income statement with

credit balances?

What are the closing entries forthe income statement with

Debit balances?

What is the closing entry to

record a net income or loss?

Students will use the journal,

worksheet and ledger tocomplete closing precedures

and prepare a postclosing trialbalance for a service business.

Students will utilize theworksheet to make closing

entries.

Students will differentiate

between a temporary &permanant account.

Students will post closing

entries to the ledger accounts.Students will prepare a post

closing trial balance givenledger accounts.

Students assessed through

application problems,simulations, Homeworks, class

questioning & Chapter exams.

CDOS3-K7-7A

What is a post closing trial

balance and how is it prepared?

Essential Questions Content Skills Assessments Standards/PIs

How is payroll prepared?

What information is kept on atime card?

How is payroll tax calculated?

How are payroll records keptand check prepared?

Students will prepare payrollrecords for hourly employees.

Students will utilize federalwithholding forms to calculate

taxes for employees. Studentswill calculate employee

earnings.

Analysis of data on a timecard.

Calculate total pay from hoursworked.

Differentiate between exempt& non-exempt employees.

Extract data from a W4Use federal income tax

withholding table.Calculate Social Security.

Prepare a Payroll register.Prepare checks for net pay.

Students assessed throughapplication problems,

simulations, homeworks, classquestioning & Chapter exams.

CDOS3-K7-7A

Essential Questions Content Skills Assessments Standards/PIs

What forms are sued to recordpayroll?

How are employer payroll

taxes recorded?

How is employer payroll

reported & paid?

Students will prepare payrollaccounting tax reports for the

federal government. Studentswill review for Final exam.

Prepare a Payroll register.

Journalize salary expense &taxpable.

Report withholding & payrolltaxes.

Complete form 8109.

Students assessed throughapplication problems,

simulations, homeworks, classquestioning & Chapter exams.

CDOS3-K7-7A

Key to Standards used in this Map

CDOS2-K1-1A [4 occurrences] - CDOS Standard 2 - Key Idea 1 [Key Idea 1] - Performance Indicator 1A - apply academic knowledge and skills using an interdisciplinaryapproach to demonstrate the relevance of how these skills are applied in work-related situations in local, state, national, and international communities. [Intermediate]

CDOS2-K1-1B [2 occurrences] - CDOS Standard 2 - Key Idea 1 [Key Idea 1] - Performance Indicator 1B - solve problems that call for applying academic knowledge and

skills. [Intermediate]

CDOS2-K1-1C [3 occurrences] - CDOS Standard 2 - Key Idea 1 [Key Idea 1] - Performance Indicator 1C - use academic knowledge and skills in an occupational context, and

demonstrate the application of these skills by using a variety of communication techniques (e.g., sign language, pictures, videos, reports, and technology). [Intermediate]

CDOS3-K7-7A [7 occurrences] - CDOS Standard 3 - Key Idea 7 [Managing Resources] - Performance Indicator 7A - understand the material, human, and financial resources

needed to accomplish tasks and activities. [Intermediate]