Mountain Empire Community College
Intermediate Accounting I ACC 221-N1: Fall 09
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CRITERIA FOR STUDENT GRADING

HOMEWORK 25%

EXAMS 50%

IAQ 15%

ATTENDANCE 10%

Announcements
11/18    Posted: Nov 18, 2009
finished ppt slides. handed out ex 23,25. Turn in prob 15 for extra credit. For next week take IAQ and exam. Read ch 13

11/11    Posted: Nov 11, 2009
went over ppt slides 1-35. Looked at ex 17 and worked prob 12 in class. Handed out copies of ex 2,3,6 for reference for prob 7. For next week submit both prob 7&12 before class

11/4    Posted: Nov 11, 2009
finished ppt slides. Worked on prob 2 in class. For next week submit Prob 2, take IAQ and exam. Read ch 12.

10/28    Posted: Nov 4, 2009
went over ppt slides 1-18. Looked at ex 3 and worked prob 3 in class. For next week submit prob 3

10/21    Posted: Oct 21, 2009
went over prob 3,9,10 Submit prob next week and take exam for ch 10 Read ch 11

10/14    Posted: Oct 14, 2009
Went over ch 10 ppt slides. For next week take exam for ch 9 and read ch 10.

9/9    Posted: Oct 14, 2009
went over ex 3,11,12,14,15,16,17,18,22,25 worked on prob 1,10 in class. For next week submit before class prob 13 and probs 1,& 10. Take ch 7 exam. Read ch 8

10/7    Posted: Oct 8, 2009
went over different retail methods in the book: Retail pg436 (9-3) avg cost pg438 (9-5) avg LCM/conventional pg438 (9-6) LIFO pg440 (9-7) Dollar Value LIFO pg444 (9-7A) ex10,11,12,14,18 worked on prob 5 in class. Submit prob 5, 10 and take IAQ

9/30    Posted: Sep 30, 2009
went over ppt slides 1-19. Looked at ex 4,7,25. Worked on prob 1 in class. For next week submit prob 1. Read Cost Flow Methods pg 437-440.

9/23    Posted: Sep 30, 2009
went over prob 12. Finished ppt slides and looked at ex 17,19. Worked on prob 12 in class. For next week submit prob 12 and IAQ. Take exam for chapter and read ch 9

9/16    Posted: Sep 16, 2009
went over ppt slides 1-34. went over ex 1,2,4,9,12,13,21. Submit prob 2 and 5 BEFORE class

9/2    Posted: Sep 2, 2009
went over ppt slides for ch 7 Submit IAQ for chapter by class next week

Course Description
Covers accounting principles and theory, including a review of the accounting cycle and accounting for current assets, current liabilities and investments. Introduces various accounting approaches and demonstrates the effect of these approaches on the financial statement users. Web based.

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