NEW MEXICO JUNIOR COLLEGE
Principles of Accounting I
|A.||Course Title:||Principles of Accounting I|
|B.||Course Number:||AC 114 - 30189|
|D.||Days/Time:||M W F 11:00:00 AM - 12:15:00 PM|
|G.||Office:||C.M. Burke University Center (UC) 231|
|I.||Office Phone:||(575) 492-2657|
|J.||Office Hours:|| Monday: 8:00:00 AM-8:45:00 AM (MST); 10:00:00 AM-10:45:00 AM (MST); 12:15:00 PM-1:00:00 PM (MST); 5:00:00 PM-5:45:00 PM (MST);
Wednesday: 8:00:00 AM-8:45:00 AM (MST); 10:00:00 AM-10:45:00 AM (MST); 12:15:00 PM-1:00:00 PM (MST); 5:00:00 PM-5:45:00 PM (MST);
Friday: 8:00:00 AM-8:45:00 AM (MST); 10:00:00 AM-10:45:00 AM (MST); 12:15:00 PM-1:00:00 PM (MST);
Other hours available by request.
|K.||Time Zone:||Mountain Time|
This course is designed to introduce double-entry accounting applicable to a sole proprietorship business. Included in the course content will be theory, analysis of business transactions, financial statements, the accounting cycle, and systems. This is a four credit hour course.
Principles of Accounting I is the first college level accounting a student will take. We will be covering Financial Accounting concepts. Principles of Accounting I has been articulated in New Mexico and should transfer to all New Mexico schools. There is no guarantee of transferability and the student is advised to check with the receiving institution if they intend to transfer to another institution.
Either Cengage unlimited or the two textbooks below:
Accounting 27th Edition, Warren/Reeve/Duchac bundle including CNOWv2 ISBN 9780357271803
Lawn Ranger Practice Set ISBN 9781305581470
You can buy your books online at the NMJC Bookstore.
Students attending New Mexico Junior College will be evaluated according to the following grading scale:
90 - 100% = A 80 - 89% = B 70 - 79% = C 60 - 69% = D 0 - 59% = F
The final grades will be calculated as follows:
Chapter Quizzes 15%
Module Exams 25%
Practice Set 20%
Weekly In-class 5%
Module zero 5%
No late work accepted.
The lowest grade from each of the Homework, Quizzes, Exam, and Spreadsheet groups will be dropped.
New Mexico Junior Collegeís institutional student learning outcomes represent the knowledge and abilities developed by students attending New Mexico Junior College. Upon completion students should achieve the following learning outcomes along with specific curriculum outcomes for respective areas of study:
Students in the Business/Computer Science Departments should be able to:
1) Demonstrate an understanding of industry specific ethics (self & community),
2) Prepare and interpret documents,
3) Interpret and characterize data appropriate to the course (critical thinking),
4) Demonstrate computer skills appropriate to the course, and
5) Demonstrate the value of professionalism in the workplace.
By the end of this course, students should be able to:
1. Analyze business transactions, their effects on the financial statements and the interrelationships of the
financial statements involving the following:
a. Cash transactions
b. Receivables and Net Realizable Value
c. Operational Assets and Depreciation
e. Current Liabilities
f. Long-term Liabilities
2. Define, identify and demonstrate the impact of adjusting entries on financial statements.
3. Explain and demonstrate the differences between cash and accrual basis accounting.
4. Define and identify generally accepted accounting principles.
5. Analyze equity ownership transactions and their effect on the financial statements.
I. New Student Orientation Video Transcript
II. Basic Computer Skills: How to use an email account, how to attach, upload, and download files. How to view, save, rename, and print files. Have basic word processing skills and are familiar with using different web browsers
III. Canvas Technical Requirements
IV. Technology Requirements for Students: A Desktop or Laptop that is no more than five years old, has at least Windows 7 or MAC OSX 10.6 with 1 GB of memory, 2.4 GHz Processor, has a webcam and a microphone. The Internet speed is between 5 to 10 Mbps per second.
V. Technical and Academic Support
Call the 24/7 Canvas Help Desk at (575) 399-2199 for assistance and have your course CRN (ex. 10023) and your Username available.
If you have not already received login information for Canvas/T-BirdWeb Portal/E-mail, you will need to contact the Enrollment Management office at (575) 492-2546.
Students will be held responsible for the information on these pages.
Each student is expected to maintain the highest standards of honesty and integrity in online academic and professional matters. The College reserves the right to take disciplinary action, up to and including dismissal, against any student who is found guilty of academic dishonesty or otherwise fails to meet these standards. Academic dishonesty includes, but is not limited to, dishonesty in quizzes, tests, or assignments; claiming credit for work not done or done by others; and nondisclosure or misrepresentation in filling out applications or other College records. Cheating or gaining illegal information for any type of graded work is considered dishonest and will be dealt with accordingly.
Americans with Disabilities Act (ADA) Information
Any student requiring special accommodations should contact the Special Needs Student Services Coordinator at (575) 492-2576 or by e-mail at firstname.lastname@example.org.
Attendance is required at every session of each course for which the student is enrolled. When unavoidable circumstances make attendance impossible, students must provide a satisfactory explanation of their absences to their professors. College-sponsored activities are considered excused absences and the appropriate sponsor of those students who will be absent from class will notify professors. Students having absences due to college-sponsored activities will need to make arrangements with the affected classes / professor to take care of required work; however, arrangements for make-ups should be made within a reasonable time frame, usually within one week of the absence. Regarding make-up work, absences due to late registration are considered the same as regular absences.
All cell phones and pagers must be turned off when the student is participating in any lecture, laboratory, or other learning activity.
The professor is responsible for maintaining a class environment best suited for effective learning. By registering for this class, the student is assumed to have entered into an agreement with New Mexico Junior College and the professor to attend the class regularly and to behave in an appropriate manner at all times. Disruptive behavior may result in the student being removed from the class.
Food and Drink Policy
Food items and soft drinks may not be consumed in NMJC classrooms. Students are also discouraged from bringing food and drink items into the classroom even though these items remain in sealed packaging. Bottled water is permissible.
No Children in the Classroom
In order to adhere to instructional procedures as well as maintain the safety of children, NMJC’s policy of no children in the classrooms (lecture, lab, etc.) will be followed.
Offering the work of another as one’s own, without proper acknowledgment, is plagiarism; therefore, any student who fails to give credit for quotations or essentially identical expression of material taken from books, encyclopedias, magazines and other reference works, or from the themes, reports, or other writings of a fellow student, is guilty of plagiarism. Plagiarism violates the academic honesty policy and is considered cheating.
Smoking/Use of Tobacco
New Mexico Junior College is cognizant of the health hazards associated with smoking / use of tobacco for the smoker, as well as the non-smoker. In an effort to provide a healthy environment for students, employees, and others who may frequent the campus, NMJC prohibits smoking / use of tobacco inside any campus building or facility.
Free tutoring services are available to all NMJC students through Brainfuse and the Academic Success Center located at the Pannell Library on the 1st floor.
Regular, punctual attendance is required for all classes at NMJC. Although the professor has the right to drop any student who has missed the equivalent of 2 weeks of instruction (based on a 16 week semester) whether itís a face to face, online, or a hybrid course, it is not guaranteed that the professor will drop the student. If the student chooses to stop attending a class, he/she should withdraw from the class by accessing your student account in the T-Bird Web Portal at www.nmjc.edu, or submitting the required paperwork to the Registrar’s Office by 5:00 p.m. on Tuesday, November 19, 2019. All students are encouraged to discuss their class status with the professor prior to withdrawing from the class.