Required Text and Materials: 

ü  College Accounting (shrink wrapped package of Text and Connect Plus code), Ch. 1-13, Price, Haddock, Farina, McGraw-Hill, 13^th edition, ISBN 9780077883324 (this particular ISBN is customized for Chabot College and is only available at Chabot bookstore).

ü  This package comes with Connect Plus Access Code (costs $95 if bought alone), which gives you access to e-book and other useful online resources.

ü  Calculator, pencil, ruler, 4 scantrons.

How to Buy and Use CONNECT:

ü   There are two types of Connect codes: Connect ($50 app) and Connect PLUS ($95 app). E-book is part of Connect PLUS only. To avoid frustration and delays, you should buy the shrink wrapped package from Chabot bookstore. 

ü  If you buy the used book cheaper elsewhere, you will need to buy at least the Connect code online (http://connect.mcgraw-hill.com/class/dkalyagin_fall11_bus7 ) which alone will cost approximately $50.00 and is REQUIRED for the course. 

ü  CONNECT is a homework management system.  You will complete homework using it.  

ü  To set up your connect account, go to http://connect.mcgraw-hill.com/class/dkalyagin_fall11_bus7 .   Once you're there, click "Register Now."

Course Objectives:

Bookkeeping practices for a sole proprietorship.  Debit and credit practice, books of original entry, ledgers, working papers, adjusting and closing entries, income statement, balance sheets, and statement of owner’s equity, cash, payroll, special journals, merchandising firms.  3 hours lecture, 1 hour laboratory. 

This class is strongly recommended before taking BUS-1A, 8, 93, 26.  It is a requirement for the AS degrees in Business, Administrative Assistant, Medical Assisting, & Real Estate, as well as for certificates in Bookkeeping, Entrepreneurship, Human Resources Assistant, Small Business Management, Management, & Marketing.   

Course Objectives:

Upon completion of this course, the student should be able to:

      1.        solve and apply the fundamental accounting equation and its logical bookkeeping applications to an accounting system of a sole proprietorship;
2.         describe basic accounting theory and practice as it relates to a sole proprietorship;
3.         perform routine bookkeeping duties;
4.         critically assess business ethics dilemmas typical for an accounting position within a small business;
5.         summarize stages of the accounting cycle;
6.         discuss specifics of bank accounts and cash funds;
7.         differentiate among various special journals;
8.         prepare, relate, and analyze financial statements for a sole proprietorship;
9.         perform basic payroll accounting and distinguish between employee earnings, deductions and taxes.

How to Complete Homework in CONNECT:

ü Before attempting homework, read the chapter and review any resources given.
ü  All homework problems are selected exercises and Set A Problems at the end of each chapter, with the exception of chapter 1, which does not have homework. 
ü  You should PRINT the homework.  Work offline and then go back to enter answers. We will have some time during lab hours for you to complete homework.  Use Check my work button on the bottom left to find errors and correct. Use Save & Exit button on the top right to end a session, save your work and return to it a later time within a scheduled due date.  YOU CAN CHECK YOUR WORK AND SAVE AND EXIT AS MANY TIMES AS YOU WISH BUT CAN ONLY SUBMIT HOMEWORK ONCE WITHIN A DUE DATE.
ü  Use the Submit Assignment button ONLY when you are ready to submit for grading. After you submit assignment, you will have access to your work and the correct answers under the report feature but will not be able to work on it any more. It is almost like handing in your papers to me. 
ü  If you are having problems understanding any problems and need help, bring the printout to class to get help. This is what the lab hour is for!
ü  Each assignment will be worth 20 pts when recorded in the grade book.  If Connect shows more than 20 pts possible, then any points over 20 will count as extra credit.
ü  If you miss the assignment due date, it will no longer be available. NO EXTENSIONS ARE PROVIDED.
ü  Homework is always due at 11:55pm according to the class schedule.

Requirements:

 1.  Absences, tardiness, classroom performance, and attitude will affect the final grade; therefore, attendance is vital.  Students who drop during the "W" period should officially withdraw from the class.  Please do not expect your instructor to drop you.  If you stop coming to class without officially withdrawing, you might get an “F.”
2.  Students are not required to be present during the lab hours.  However, the lab hour is your opportunity to practice and complete homework assignments, as well as to consult with your instructor, learning assistant, and peers.
3.  Bring the text and printouts of homework to class each session.  Class time is scheduled for completing some homework.
4.  You will be completing and submitting assignments that are graded automatically. You will print each of these blank assignments from Connect and bring it to every class. Assignments in Connect will always be due by 11:55pm on the day of the next chapter.  However, if homework is followed by a test, it will be due a night before.  After the due date, the assignment will become unavailable and no extensions will be provided. 
5.  There are no make up exams.  Exams may be taken prior to test date by special arrangement with instructor.
6.  It is really important to study daily.  Do not get behind.  You are encouraged to work in teams and pair up with somebody to study for the subject.