Accounting I

The language of business...

Course Summary

Knowledge of accounting is beneficial to students throughout life, whether they go to college or seek employment upon graduation from high school. Basic accounting principles are applied to many personal finance activities, such as understanding how companies manage and track money, report financial earnings, prepare federal or state income tax returns, and pay employees. Accounting I is designed to help students meet two broad objectives: (1) preparation for entry into the labor force and (2) preparation for advanced study of accounting. This class is extremely hands-on, interactive, and engaging with technology.

Accounting I.mp4

Course Sequence

Accounting IA:

Starting a Proprietorship

Analyzing Transactions into Debits & Credits

Journalizing Transactions

Posting

Cash Control Systems

Worksheet & Adjusting Entries

Financial Statements

Closing Entries & a Post-Closing Trial Balance

Accounting IB:

Merchandising Corporations & Special Journals

Sales & Cash Receipts Journals

General Journal Transactions for Purchases, Sales, & Dividends

Payroll Forms

Journalizing Payroll

Depreciation & Inventory

Scheduling Details

10th - 12th Grade

2 trimesters

1 Credit

There are no prerequisites for this course.

Past Students Say...

"I believe that this is a great class for people to take even if you are just going into the business field because it gives you a better idea about the financial side of a business."

"Taking accounting has really opened my mind of the business world. I went into accounting thinking it was just black and white, but it really is so much more intricate than that. Even just by taking accounting 1, I can already tell how much taking it in high school will help me in college." ~ 2025 grad

"Accounting has been a tough class but a fun class. I wish I would've been able to take it sooner because now I don't have the chance to take accounting 2." ~ 2025 grad

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