Accounting II

Accounting II is a half-year course, meeting for 1 term, 90 minutes every other day, on the Block Schedule.  This course covers the accounting for a merchandising business organized as a corporation and includes simulations and projects.  It is taught in the Sophomore, Junior or Senior year of high school.  

This course provides coverage for the accounting cycle of a corporation business.  Topics covered include journalizing purchases & cash payments, using special journals, posting to general & subsidiary ledgers, preparing payroll records, payroll taxes & reports, distributing dividends, preparing a work sheet & financial statements, and recording adjusting & closing entries for a corporation.  Both manual and computerized applications may be used throughout the course.  Learning will progress from the simple to the complex.

Accounting instruction can make significant contributions to the education of students who will pursue business careers after graduation.  All students, regardless of the profession they choose, can benefit from accounting instruction since it is an integral part of every business institution and organization.