Update 1:
Due to Current Medical Emergency, IU is planning to use ZOOM + VLE Platforms for Online Classes! Students are requested to get themselves aware about Zoom Platform as Attendee as well as Host -
Important IDs:
My IQRA's Zoom's Personal Meeting ID : 616-967-4399
Timing of Availability will be communicated here soon!
Update 2:
Dear All I will be available online for counselling session at the scheduled timing of our class i.e. Saturday 11:45-2:45 (March 21, 2020). For online session I am available at the same link provided on your VLE In case this link broke down, then you may join to my zoom personal I'd provided in earlier notification which is also provided at my Google site already. . Consider this session as counselling hour and not official class w.r.t course content coverage . Mubin
Course Outline - Restrutured by Instructor
Recommended Text Books
Reference Books
Business Accounting Vol 1 by Frankwood (link to be provided soon)
Accounting Principles - WayGantt Wiley
Week 1 / Session 1
Definition; Subject Matter; Heads of Account; Accounting Equation
Supporting Slides - Chapter # 1
Lecture # 1 - Accounting Equation
Week 2 / Session 2
Accounting Cycle Overview
Effect of Transactions on Accounting Heads
Debit and Credit Rules for Assets , Liabilities & Capital
Business Transaction for Service Business and Trading Business
Learning Material for Week 2 and 3
Week 3 / Session 3
Review + Debit and Credit of Income and Expenses
General Ledger and Trial Balance - Skeleton Form
Supporting Slides - Journalizing the Transaction - for Week 2 and 3
Smart Board Material for Week 3 - earlier section
Week 4 / Session 4
Quiz 1
Transactions of Trading Business
Learning Material for Week 4 and 5
Week 5 / Session 5
Adjustment Process: Adjusting Entries and Adjusted Trial Balance
Adjustment : Accruals and Defferals - Supporting Lecture Slides from Text Book
Week 6 / Session 6
As this was just review of earlier topics, and quiz was taken, so ignore this
Quiz 2
Week 7 - 10 (March 7 to March 28)
No Classes due to ExtraOrdinary Medical Conditions around
Just had one Counselling Session on March 21, 2020 (around 3-4 student joined)
Session 7 - April ??, 2020
Pre-Reading Material for Session 6 - 8
Adjustment Process: Adjusting Entries and Adjusted Trial Balance
First Zoom/ Online Session : so readjustment required
Excel based Accounting Equation
Activity Based Question for Adjustment of Service Business
At the Moment, Ignore following Exam pattern due to extra-ordinary ongoing circumstances, I will clearly communicate Assessment strategy for this Course, when needed!
Midterm Exam Pattern:
Q1: MCQs 8 Marks (16 of 0.5 Mark each) (From Week 1 - Week6)
Q2: General Journal / General Ledger / Trial Balance 6 Marks (Week 2 - Week 4)
Q3: Accounting Equation - Basics 5 Marks Week 1&2
Q4: Accounting Equation - Effect 6 Marks (Class Quiz 1, & Sample Quiz ) Week 2 and 6