Accounting+1+-+2nd+Semester

(This Calendar is __**SUBJECT TO CHANGE**__ )

 * Week of... || Monday || Tuesday || Wednesday || Thursday || Friday ||
 * January 15 || =No School= || 1st Semester Finals || =Standard:=

=Learning Target:=

=Activities:= Hand Back and Discuss Final

=Check for Understanding:= || =Standard:=

=Learning Target:=

=Activities:= Learn about the Business we will use for the Semester

Research Merchandising Businesses

Specialty Store - Big Box Store - Small Retailer

What do they carry? How much? What quantity? What variety?

Develop Pricing and Margin Order.

Discuss Markups and why?

=Check for Understanding:= || =Standard:=

=Learning Target:=

=Activities:=

=Check for Understanding:= || Complete the steps in the accounting cycle in order to prepare the financial statements.
 * January 22 || =Standard:=

=Learning Target:= Identify the key components of corporation

Identify the function special journals.

=Activities:= 9-2 - Purchases Journal

=Check for Understanding:=

= = || =Standard:= Complete the steps in the accounting cycle in order to prepare the financial statements.

=Learning Target:=

=Activities:=

9-3 Posting from the Purchases Journal
= =

=Check for Understanding:=

= = || =Standard:= Complete the steps in the accounting cycle in order to prepare the financial statements.

=Learning Target:=

=Activities:=

=Continue FFA Account Spreadsheet Creation=

=Check for Understanding:=

= = || =Standard:= Complete the steps in the accounting cycle in order to prepare the financial statements.

=Learning Target:=

=Activities:=

=No Class=

=Check for Understanding:=

= = || =Standard:= Complete the steps in the accounting cycle in order to prepare the financial statements.

=Learning Target:=

=Activities:= Complete the Prep for FFA Accounts

Recordings and Balances of Accounts = =

=Check for Understanding:= || Complete the steps in the accounting cycle in order to prepare the financial statements.
 * January 29 || =Standard:=

=Learning Target:= Using Spreadsheets to organize financial information.

=Activities:= Continue transactions to set FFA Account Balances for the next year. || =Standard:=

Complete the steps in the accounting cycle in order to prepare the financial statements.

=Learning Target:=

Using Spreadsheets to organize financial information.

=Activities:= Finish Transactions and Establish Year End Procedures for FFA Accounts

=Check for Understanding:= || =Standard:=

Complete the steps in the accounting cycle in order to prepare the financial statements.

=Learning Target:= Identify the function of the Cash Payments journal.

=Activities:= =Finish Collecting Information and create the starting balances for the FFA Accounts.=

Email Ms. Gent for further information. Once as far as you can continue to build the General Ledger for the new semester business that we started.

=Check for Understanding:= || =Standard:=

Complete the steps in the accounting cycle in order to prepare the financial statements.

=Learning Target:=

=Activities:= 9.4 - Cash Payments Journal

Posting from Cash Payments Journal

9.4 and 9.5 WT 9.4 and 9.5 App

=Check for Understanding:= || =Standard:=

Complete the steps in the accounting cycle in order to prepare the financial statements. =Learning Target:=

=Activities:= Create the Cash Payments Journal in your Spreadsheet

General Ledger Accounts

Subsidiary Ledger Accounts Payable.

=Check for Understanding:= ||
 * February 5 || =Standard:=

Complete the steps in the accounting cycle in order to prepare the financial statements. =Learning Target:=

=Activities:= Create the Cash Payments Journal in your Spreadsheet

General Ledger Accounts

Subsidiary Ledger Accounts Payable.

Complete the 9.4 and 9.5 Application in Aplia

=Check for Understanding:= Complete the 9.4 and 9.5 Application in Aplia || =Standard:=

Complete the steps in the accounting cycle in order to prepare the financial statements. =Learning Target:=

=Activities:= Discuss Application Problems

Discuss Merchandise and its impact

Perform the Mastery Problem in your Spreadsheet = =

=Check for Understanding:= || =Standard:=

Complete the steps in the accounting cycle in order to prepare the financial statements. =Learning Target:=

=Activities:= Review Mastery Problem and Vocabulary

=Check for Understanding:= || =Standard:=

Complete the steps in the accounting cycle in order to prepare the financial statements. =Learning Target:=

=Activities:= Purchases and Cash Payments Assessment

=Check for Understanding:= ||  ||
 * February 12 || =Standard:=

Complete the steps in the accounting cycle in order to prepare the financial statements. =Learning Target:=

=Activities:=

Discuss the Selling of Merchandise - The Process and Steps

1.) Purchasing - Receiving and Preparing Merchandise. 2.) Markups - Margins % 3.) Sales Tax or Not

State Sales Tax https://tax.iowa.gov/iowa-sales-and-use-tax-guide - Obtaining Sales Tax Permit - Filing Frequency/Due Dates

Taxable or Exempt - Sales tax and Local Option

https://tax.iowa.gov/iowa-sales-tax-food Food and Beverage - What is taxed? =Check for Understanding:= 1.) Discover if the items are taxable or not in Iowa. Use the sales tax guide link.

T-shirt, Shoes, Bread, Gatorade, Deodorant, Newspaper, Aluminum Tray, Plates, Pre-made Dinner, Donuts, Wine, M and M's, Apples, Cheez-Its
 * Goods**

Haircut, Oil Change, Delivery of Refrigerator, Tax Accountant, Dry Cleaning, Photography
 * Services**

= = || =Standard:=

=Learning Target:=

=Activities:= Discuss the Sales Tax Findings- What is taxable compared to non-taxable

Discuss processes of the business to account for sales tax.

=Check for Understanding:= || =Standard:=

=Learning Target:=

=Activities:=

Discuss the Sales Journal and Transactions involving Sales Tax

Create the Sales Journal in the spreadsheet

Practice Transactions and Posting Processes

=Check for Understanding:= || =Standard:=

=Learning Target:=

=Activities:= Discuss the Sales Journal

Practice Transactions - 10.1 and 10.2 Application

Discover the Cash Receipts Journal and Common Transactions.

Credit Card Sales/Debit Card Sales - Impact Fees and accepting those forms of payment (Batches)

Sales Discounts - Terms of Sale

How to record and how to post.

=Check for Understanding:= || =Standard:=

=Learning Target:=

=Activities:= Complete the Cash Receipts Journal Prep

Prep all General Ledger Accounts

Prep Proofs Sheet

Complete 10.1 and 10.3 Application Problems

=Check for Understanding:= ||
 * February 19 || =Standard:=

=Learning Target:=

=Activities:=

2.) Set up a formula to efficiently calculate the Sales Tax Credit Column in the Spreadsheet Document.

Discuss 10.1 and 10.3

Complete Transactions and Posting Procedures

10.5 Mastery Problem for Tomorrow || =Standard:=

=Learning Target:=

=Activities:= No School - Ice Storm

=Check for Understanding:=

= = || =Standard:=

=Learning Target:=

=Activities:= No Class Due to College Visit

=Check for Understanding:= || =Standard:=

=Learning Target:=

=Activities:= Discuss Mastery Problem

Review Content and Vocabulary

Assessment Monday

=Check for Understanding:=

= = || =No School - PD= = = ||
 * February 26 || =Standard:=

=Learning Target:=

=Activities:= Complete Content and Vocabulary Portion

Begin Journal and Posting in the Spreadsheet. = =

=Check for Understanding:=

= = || =Standard:=

=Learning Target:=

=Activities:= Finish Assessment

= =

=Check for Understanding:=

= = || =Standard:=

=Learning Target:=

=Activities:= Mr. Cory's Cookies - The Profit CNBC Episode || =Standard:=

=Learning Target:=

=Activities:= Read 11.1 - 11.2 General Journal Transactions =Check for Understanding:=

= = || =Standard:=

=Learning Target:=

=Activities:=

=Check for Understanding:=

= = ||
 * March 5 || =Standard:=

=Learning Target:=

=Activities:= Begin General Journal Transactions

Prep General Journal in the Spreadsheet

Sales Returns and Allowances

11.1 - WT APP

Purchases Returns and Allowances

11.2 - WT OYO APP = =

=Check for Understanding:=

= = || =Standard:=

=Learning Target:=

=Activities:= Conferences

=Discuss Spreadsheet and the General Journal Problems.=

Finish General Journal Transactions and address Cash Discount and Tax Return in Cash Receipts Journal.

=Check for Understanding:=

= = || =Standard:=

=Learning Target:=

=Activities:= 11.4 Mastery Problem

=Check for Understanding:= || =Standard:=

=Learning Target:=

=Activities:= Conferences

Begin - Payroll Understanding and Payroll Taxes = =

Discuss Payroll Topics - Ways to pay employees Salary, Hourly, Commission, Draw, Tips, Per Day/Job

How to pay employees

What Benefits to offer? What is the impact on the business? = =

=Check for Understanding:=

= = || =No School= = = ||
 * March 12 || =Spring Break= || =Spring Break= || =Spring Break= || =Spring Break= || =Spring Break= ||
 * March 19 || =Standard:=

=Learning Target:=

=Activities:= Review Payroll Topics - Ways to pay employees Salary, Hourly, Commission, Draw, Tips, Per Day/Job

How to pay employees?

Paying Employees - Process and Things to Consider https://www.sba.gov/business-guide/manage-your-business/hire-and-manage-employees

Discuss What Benefits to offer? What is the impact on the business?

= =

=Check for Understanding:= || =Standard:=

=Learning Target:=

=Activities:= Absent - No Class = =

=Check for Understanding:=

= = || =Standard:=

=Learning Target:=

=Activities:=

Absent - No Class = =

=Check for Understanding:=

= = || =Standard:=

=Learning Target:=

=Activities:=

Absent - No Class

= =

=Check for Understanding:=

= = || =Standard:=

=Learning Target:=

=Activities:= Absent - No Class ||
 * March 26 || =Standard:=

=Learning Target:=

=Activities:= How to keep Track of Payroll

Time Card System - Visit the Office

Set Up a Google Forms to Track Time and gather data for a time card. - Work Together as a group to develop the system of time tracking.

Use the 13.1 WT, OYO and Practice Problems for Samples of Tracking Time

Finish Time Cards -

= =

=Check for Understanding:=

= = || =Standard:=

=Learning Target:=

=Activities:= Discuss Time Card and Spreadsheet Template for employees to Calculate Time

Employee Taxes - Responsibilities of the Business

Payroll Tax Withholding

App. 13.2

Determine Social Security and Medicare Rates on the same Gross Amounts.

Employer Tax Guide - Federal Tax https://www.irs.gov/pub/irs-pdf/p15.pdf

Iowa Employer State Tax Tables https://tax.iowa.gov/withholding-tax-information-0

Use the Tax Tables in the Tax Guide to Find Federal Withholding.



W4 and Tax Tables

=Check for Understanding:=

= =

= =

= = || =Standard:=

=Learning Target:=

=Activities:= Solving for Employee Taxes - Use the Employer Tax Guides and Table

Percentage Method - Tax Brackets

= =

=Check for Understanding:= || =Standard:=

=Learning Target:=

=Activities:= Preparing a Payroll Record



= =

=Check for Understanding:= || =Standard:=

=Learning Target:=

=Activities:= Numbers Spreadsheet WT - p. 318 #4-6

Earnings Register and Record - Prepare a Numbers Spreadsheet for each Employee.

= = =Check for Understanding:= ||
 * April 2 || =Standard:=

=Learning Target:=

=Activities:= Follow 13.3 and 13.4 - Application for a guide.

Create a Earnings Record/Payroll Register and Template for employees.

Link the Payroll Register to the Earnings Records so they update together

Prepare a Numbers Spreadsheet - Earnings Record 13.3 & 13.4 Application

Continue Numbers Spreadsheet

Create the Earnings Record - Summary of Earnings

How do they link.

Check for Accuracy and Correctness so the mastery problem and assessment can be completed correctly.

=Check for Understanding:= || =Standard:=

=Learning Target:=

=Activities:= =Absent=

=Check for Understanding:=

= = || =Standard:=

=Learning Target:=

=Activities:= Absent

Mastery Problem - Determine Payroll for the employees and their earnings. = =

=Check for Understanding:=

= = || =Standard:=

=Learning Target:=

=Activities:=

=Review Day - Content and Vocabulary=

=Check for Understanding:= || =Standard:=

=Learning Target:=

=Activities:= Prepare the Spreadsheet based on Employees Time Cards

Content Assessment - Vocab and Content - Payroll

=Check for Understanding:= ||
 * April 9 || =Standard:=

=Learning Target:=

=Activities:= Payroll Asssessment

Finish the Assessment

https://docs.google.com/a/wghawks.school/spreadsheets/d/1JwYHFx-VwNubZRlHj_0G7yCK8IZWt6qssfNsRGHc3eQ/edit?usp=sharing

Earnings and Time Cards

=Health Insurance - $125= =401(k)= 6%=

=Check for Understanding:=

= = || =Standard:=

=Learning Target:=

=Activities:= Read and learn about the responsibilities of Payroll

https://www.thebalance.com/payroll-taxes-3193126

https://www.investopedia.com/articles/taxes/08/business-payroll-tax.asp

When finished reading, work on the Marketing Project. || =Standard:=

=Learning Target:=

=Activities:=

https://www.irs.gov/pub/irs-pdf/p15.pdf

Ch. 14 Payroll Accounting, Taxes, and Reports.

Paying Payroll - Journal Recording

=Check for Understanding:=

Ch. 14.2 Employer Payroll Taxes

Discuss FUTA/SUTA, S.S. and Medicare

State Unemployment Tax Rules http://www.payroll-taxes.com/state-tax/iowa

http://www.iowaworkforce.org/ui/stawrs/70-5007.pdf

=Materials:=

=Check for Understanding:=

=Future Application:= || =Standard:=

=Learning Target:=

=Activities:= Complete 13.1 - WT, OYO and Application'

Begin to feel comfortable solving for FUTA taxes

= = =Check for Understanding:= || =Standard:=

=Learning Target:=

=Activities:= Ch. 13.3 - Reporting Payroll and Withholding

Employer Check List - p. 5 https://www.irs.gov/pub/irs-pdf/p15.pdf

Due Dates for Employer Payroll Taxes p. 8

= =

=Check for Understanding:=

= = ||
 * April 16 || =Standard:=

=Learning Target:=

=Activities:= Discuss Tax Forms Form 940 - FUTA http://www.irs.gov/pub/irs-pdf/f940.pdf

Federal Quarterly Tax Return - Form 941 http://www.irs.gov/pub/irs-pdf/f941.pdf?portlet=103

https://www.irs.gov/pub/irs-pdf/i941.pdf

Discuss the W-2 and its elements https://www.irs.gov/pub/irs-pdf/fw2.pdf

Form W3 - SSA https://www.irs.gov/pub/irs-pdf/iw2w3.pdf

http://www.irs.gov/pub/irs-pdf/fw3.pdf

==

=Check for Understanding:= 14.3 App

WT - p. 351 #3-4 OYO – p. 351 #5-6

Application 14.4 = = || =Standard:=

=Learning Target:=

=Activities:= Form 941 Application Problem

Ch.14.4 Paying Payroll

=Check for Understanding:= 14.5 Mastery Problem

Discuss Mastery - What Questions are there?

Review other transactions - Vocabulary and Content Review

Review for Assessment - Practice Problems || =Standard:=

=Learning Target:=

=Activities:= Written Ch. 14 Assessment = =

=Check for Understanding:=

= = || =Standard:=

=Learning Target:=

=Activities:= Finish the Ch.14 Assessment

Form 941 and Journal Entries =Check for Understanding:=

= = || =Standard:=

=Learning Target:=

=Activities:= No Class due to Prom Set Up

=Check for Understanding:=

= = ||
 * April 23 || =Standard:=

=Learning Target:=

=Activities:= 15.1 Worksheet for Merchandising Business

Prepare the Trial Balance for 15.1 WT, OYO, Application

Prepare it in the Spreadsheet - Google Sheets = = =Check for Understanding:=

= = || =Standard:=

=Learning Target:=

=Activities:= = = AU – p. 371 #1-2 WT - p. 371 #3-5

15.2 Analyzing and Recording Adjustments AU – p. 377 #1-2 WT - p. 377 #3-4

15.3 Completing Worksheets AU – p. 384 #1-4 WT - p. 384 #5-11

=Check for Understanding:=

= = || =Standard:=

=Learning Target:=

=Activities:=

Practice the Worksheet - Spreadsheet and Adjustments

Preparing for the Worksheet - Identifying Accounts

Go through Account Types - Complete the Worksheet

15.1 OYO - 15.3 OYO

Discuss the WT, OYO, and Accounts for the Worksheet

=Check for Understanding:=

= = || =Standard:=

=Learning Target:=

=Activities:=

Go through the Practice Problem

15 - Mastery Problem

=Check for Understanding:= || =Standard:=

=Learning Target:=

=Activities:= Check over Worksheets and Adjusting Entries

Discuss for Next Week = =

=Check for Understanding:=

= = = = ||
 * April 30 || =Standard:=

=Learning Target:=

=Activities:= Prep Financial Statements - Income Statements, Balance Sheet, Statement of Stockholders Equity

Spreadsheet Prep

=Check for Understanding:=

= = || =Standard:=

=Learning Target:=

=Activities:= Discover 2 Merchandising Businesses on Yahoo! Finance in the same industry and save the links to their Income Statements. = =

=Check for Understanding:=

= = || =Standard:=

=Learning Target:=

=Activities:= Prep Financial Statements - Income Statements, Balance Sheet, Statement of Stockholders Equity

Spreadsheet Prep = =

=Check for Understanding:=

= = || =Standard:=

=Learning Target:=

=Activities:= Prep Financial Statements - Income Statements, Balance Sheet, Statement of Stockholders Equity

Spreadsheet Prep = =

=Check for Understanding:=

= = || =Standard:=

=Learning Target:=

=Activities:= Work Time to Prepare the Financial Statements = =

=Check for Understanding:=

= = ||
 * May 7 || =Standard:=

=Learning Target:=

=Activities:= = =

=Check for Understanding:=

= = Finish Yahoo! Finance Discovery

WT - p. 396 #4-5 OYO – p. 396 #6-7

Complete App. 16.1 || =Standard:=

=Learning Target:=

=Activities:=

= =

=Check for Understanding:=

= = 16.2 Component Percentages AU – p. 401 #1-3 WT - p.401 #4-5

16.2 Application || =Standard:=

=Learning Target:=

=Activities:=

= =

=Check for Understanding:=

= = Discuss 16.2 Application

16.3 Distribution of Net Income

16.3 WT

16.4 Preparing the Balance Sheet

16.5

Discuss the Mastery Problem

Review for Assessment

Complete More Practice if necessary || =Standard:=

=Learning Target:=

=Activities:=

= =

=Check for Understanding:=

= = 16.3 Application

16.4 Application || =Standard:=

=Learning Target:=

=Activities:= Prep and Share your Final Spreadsheet = =

=Check for Understanding:=

= = . ||
 * May 14 || =Standard:=

=Learning Target:=

=Activities:=

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 * May 21 || =Standard:=

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=Materials:=

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=Future Application:=
 * r. Combs at District Golf Meet**

Cycle Assessment || =Standard:=

=Learning Target:=

=Activities:=

=Materials:=

=Check for Understanding:=

=Future Application:= Cycle Assessment

=Seniors - Vocab and Content Assessment= || =Standard:=

=Learning Target:=

=Activities:=

=Materials:=

=Check for Understanding:=

=Future Application:= Cycle Assessment || C =Standard:=

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=Future Application:= ycle Assessment || =Standard:=

=Learning Target:=

=Activities:=

=Materials:=

=Check for Understanding:=

=Future Application:= Finish Assessment Today

Course Evaluation ||
 * || Review Day for Content and Vocabulary Assessment ||  || Finals - 2,4,6

Content and Vocabulary Assessment

Finish Cycle if Necessary ||  ||   ||