This course provides instructions in the basic elements of accounting. Students learn the basic accounting equation and the relationship of debits and credits. The accounting cycle is introduced, and students also learn the specialties of accounting for a merchandising business. This class is strongly recommended for those planning University-level studies in the areas of Accounting, Finance, and Business Administration. 

This is the first course in the Gwynedd-Mercy University Dual Enrollment Program. In order to go on to the Accounting II completion course to be eligible for the 3 Undergraduate Credits from Gwynedd-Mercy University, a student must attain a "C" or higher in Accounting 1.  Click here to view the syllabus.

An expansion of Accounting 1, this course introduces accounting techniques as applied to payroll, cash control, purchase and payment, long-term liabilities, and stockholder's equity. Study also includes analysis and preparation of financial statements for different organizational structures in modern business. This class is strongly recommended for those planning college-level studies in the areas of Accounting, Finance, and Business Administration. 

This course is also the completion course for the Gwynedd-Mercy University Dual-Enrollment Program. If the student takes Accounting I and achieves a "C" or higher, the 11th or 12th grade student may enroll in Accounting 2 and, for a tuition fee of $400, will earn 3 Undergraduate Credits from Gwynedd-Mercy University that may be transferable to most post-Secondary Institutions. The grade that the student earns in Accounting 2 will be the grade on the student's University transcript from Gwynedd-Mercy University and will also be the grade on the student's Pennsbury High School transcript.