NEW MEXICO JUNIOR COLLEGE

Principles of Accounting II

SYLLABUS

  1. GENERAL COURSE INFORMATION
  2. A. Course Title: Principles of Accounting II
    B. Course Number: AC 124 - 10271
    C. Semester: Spring 2019
    D. Days/Time: Online
    E. Credit Hours: 4
    F. Instructor: Brister, Luke
    G. Office: C.M. Burke University Center (UC) 231
    H. Email Address: LBrister@nmjc.edu
    I. Office Phone: (575) 492-2657
    J. Office Hours: Monday: 8:00:00 AM-10:00:00 AM (MST);11:15:00 AM-12:00:00 PM (MST);5:00:00 PM-6:00:00 PM (MST);
    Wednesday: 8:00:00 AM-10:00:00 AM (MST);11:15:00 AM-12:00:00 PM (MST);5:00:00 PM-6:00:00 PM (MST);
    Friday: 8:00:00 AM-10:00:00 AM (MST);11:15:00 AM-12:00:00 PM (MST);
    Other hours available by request.
    K. Time Zone: Mountain Time
    L. Prerequisite(s): AC 114.
    M. Corequisite(s):
    N. Class Location: Virtual
  3. COURSE DESCRIPTION

    This course covers the principles of accounting for partnerships and corporations with emphasis upon the corporate form of business organization. Manufacturing job order, process cost, and decision-making are introduced. This is a four credit hour course. Prerequisite: AC 114.

  4. COURSE RATIONALE / TRANSFERABILITY

    Principles of Accounting II 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.

  5. REQUIRED / SUGGESTED COURSE MATERIALS

    Required:

    Accounting 27th Edition, Warren/Reeve/Duchac Loose-leaf bundle including CNOWv2 ISBN 9781305617063
    Warren/Reeve/Duchac - Fit and Fashionable Practice Set with Cengage Learning General Ledger Software, 2 terms (12 months) Printed Access Card
    9781337272575

    Suggested:
    None.

    You can buy your books online at the NMJC Bookstore.

  6. GRADING POLICY

    The final grades will be calculated as follows:
    Homework 25%
    Quizzes 15%
    Exams 25%
    Practice Set 20%
    Spreadsheet 10%.
    Module zero 5%

    The lowest grade from each of the Homework, Quizzes, Exam, and Spreadsheet groups will be dropped.

    No late work will be accepted without prior instructor approval.

    Retrieving Grades from T-BirdWeb Portal
    Go to the New Mexico Junior College T-BirdWeb Portal login page. Please enter your User Identification Number (ID), which is your Banner ID, and your Personal Identification Number (PIN). When finished, click Login.

    Tips for Success in Online Courses:
    1. Log in to class regularly.
    2. Pay attention.
    3. Take notes.
    4. Keep up with readings and assignments.
    5. Ask questions when you do not understand something.
    6. Utilize your professor’s office hours and e-mail.
    7. Read the text.
    8. Adhere to the deadlines posted in the course outline.

  7. INSTITUTIONAL STUDENT LEARNING OUTCOMES

    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:

  8. DEPARTMENTAL STUDENT LEARNING OUTCOMES

    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.

  9. SPECIFIC COURSE STUDENT LEARNING OUTCOMES

    a. Describe the nature of the corporate form of organization, journalize entries for issuing stock and treasury
    b. Journalize entries for corporate income taxes, including deferred income taxes.
    c. Compute Present Value of Bonds.
    d. Prepare a Statement of Cash Flows, using the indirect method.
    e. Describe how managerial accounting supports managementís planning, directing, controlling, improving, and decision making.
    f. Describe and prepare journal entries for a job order cost accounting system.
    g. Develop a cost-volume-profit chart and profit-volume chart, and determine the break-even point and volume necessary to achieve a target profit.
    h. Prepare the basic income statement budget for a manufacturing business.
    i. Prepare a responsibility accounting report for a cost center, profit center, and an investment center.
    j. Determine the selling price of a product, using the total cost, product cost, and variable cost concepts.
    k. Evaluate and calculate various capital investment proposals.
    l. Perform Financial Ratio analysis on financial statements.

  10. REQUIRED TECHNICAL COMPETENCIES AND EQUIPMENT

    Student Requirements
    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.

    Check first-time login page for instructions at www.nmjc.edu/distancelearning/coursescourseschedules/canvasinstructions.aspx.

    Canvas Assistance

    You must have access, on a regular basis, to a computer that supports the Canvas minimum specifications and has an active connection to the Internet. See the minimum computer specification requirements at www.nmjc.edu/distancelearning/coursescourseschedules/Canvasinstructions.aspx.

  11. GENERAL/MISCELLANEOUS

    Students will be held responsible for the information on these pages.

    Academic Honesty
    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 krueda@nmjc.edu.

    Attendance Policy and Participation Expectations
    It is expected that you regularly log into class at least three times weekly and check your Canvas mail to ensure you have not missed any changes/updates. Students are expected to complete discussions/quizzes/tests/ assignments before deadlines expire.

    Canvas Help
    If you experience difficulty with Canvas you may reach the Canvas Helpdesk at canvashelpdesk@nmjc.edu, or by calling the 24 hour helpdesk phone at (575) 399-2199.

    Netiquette
    The professor is responsible for monitoring and evaluating student conduct and student behavior within the Canvas course. By registering for this class, the student is assumed to have entered into an agreement with New Mexico Junior College and the professor to log into 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 and dropped for the semester. For comprehensive information on the common rules of netiquette and other online issues, please review the NMJC Online Student Handbook.

    Online Learning Environment
    By participating in an online class, you undertake responsibility for your own progress and time management.

    Plagiarism
    Offering the work of another as oneís 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.

    Tutoring Assistance
    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.

    Withdrawal Policy
    The instructor has the right to drop any student who has failed to log on to Canvas for two weeks or more, but it is not guaranteed that the instructor will drop you. 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 Thursday, April 18, 2019. Failure to withdraw yourself from a course by this date may result in your receiving an “F” in the course. All students are encouraged to discuss their class status with the professor prior to withdrawing from the class.

  12. ACADEMIC CALENDAR
  13. FINALS SCHEDULE
  14. COURSE OUTLINE
    Date Details Due
    Thu Jan 17, 2019   due by 11:55pm
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    Sun Mar 17, 2019   due by 11:59pm
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    Sun Apr 7, 2019   due by 11:59pm
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    Sun Apr 21, 2019   due by 11:59pm
    Sun Apr 28, 2019   due by 11:59pm
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    Sun May 5, 2019   due by 11:59pm
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