Accounting 1
Grades 10-12
BU302SFA9
Accounting 1
Accounting is a foundational course in any study of business. You will be introduced to the basic concepts of financial recordkeeping and the double-entry accounting process. Topics include the accounting cycle, debit/credit theory, journalizing, posting, bank statements, journals, ledgers and processing payables and receivables. Financial statements and reports that are used for managers and owners to base sound financial decisions upon will be covered. Computer accounting problems will be utilized as well. Accounting students are encouraged to participate in Future Business Leaders of America (FBLA). Scroll down to see questions and answers about this class!
Length: Semester ● Credit: 0.5 ● Prerequisite: Intro to Business, Marketing 1, or Computer Applications 1
- Dual Credit Course: Students who pass this course and Accounting 2 may be eligible to receive Oregon college credit. Work with the teacher to coordinate college credit and pay any associated fees.
Diploma Credit Area: Applied/Fine Arts (FA)
Course Q&A
What can I expect in this class?
In Accounting 1, you can expect to learn the fundamentals of accounting and managing financial records for a business.
What about homework?
Homework in Accounting 1 is light, unless you are absent a lot.
What about tests?
Tests in Accounting 1 will have objective portions and problem ("show me the process") portions.
What do past students say about this class?
Why should I take this class?
You should take this class if you are interested in running or owning your own business. Accounting is often called the "language of business." This is a great introduction to the business and financial world.
Is there a prerequisite for this class?
You'll need to take Intro to Business, Marketing 1, or Computer Applications before you can take Accounting 1.
What else do I need to know about this class?
From Mr. Riper: "NO, the math is not hard! Add, subtract, multiply, divide. Figure some percentages and ratios. You can do this!"