Unit Plan

Class: Accounting I

UNIT: Chapters 4: Posting to a General Ledger & Chapter 5: Cash Control Systems

TIME FRAME: 4 Weeks (10 days of class with A day - B day schedule)

TEACHER: Miss Knopp

Objectives: (Outlines the components of the unit and the reasoning for their inclusion):

Chapter 4 - Students will be able to..

1. Construct a chart of accounts
2. Demonstrate proper numbering of accounts
3. Develop the ability to open General Ledger accounts and post amounts to them
4. Discover incorrect journal entries and correct them

Chapter 5 - Students will be able to.

1. Record deposits
2. Endorse checks using various endorsements
3. Prepare checks
4. Complete a bank statement reconciliation
5. Establish, prepare, and replenish a petty cash fund

Content Standards:

1.3.1 - Apply analytical and critical decision-making skills

2.1.3 - Prepare a chart of accounts
2.1.6 - Record transactions in a general journal
2.1.7 - Post journal entries to general ledger accounts
2.1.9 - Calculate, journalize, and post adjusting entries
2.1.14 - Classify items as assets, liabilities, and owners equity
2.5.1 - Explain cash control procedures, e.g., internal and external controls and cash
clearing
2.5.3 - Journalize and post entries to establish and replenish petty cash
2.5.4 - Journalize and post entries related to banking activities
2.5.5 - Prepare and endorse checks
2.5.6 - Prepare a deposit slip and compute the checkbook balance
Essential Questions:

Chart of Accounts:
1. Can you recall how we journalized transactions in the General Journal?
2. State the main accounts we have talked about thus far in the semester.
3. How would you keep track of all these accounts in your own business?
a. Would you remember them all or create a list?
4. How can you categorize these accounts into a functioning list?
a. Why would you choose this method?
b. Can you list any problems that may occur with this method?
5. What would happen if you left open numbers for new future accounts?
a. How do you think accounts should be listed then?
6. Can you invent a chart of accounts for the following accounts.?

General Ledger:
1. Define a general ledger.
2. Why is it significant to have a ledger for each account?
3. What are the parts of each general ledger?
4. If a company had only a few accounts would we still need to have ledgers for each account?
5. How could we find errors in our entries?
a. What would you do to correct these errors or would you just leave them?
6. What would happen if someone never corrected mistakes?
a. What if they did it on purpose?
7. Can you create general ledgers for the following accounts.?

Cash Control:
1. Define cash, check, and bank account.
2. Explain what is happening when you endorse/sign the back of a check.
3. Can you distinguish between a special endorsement and a restrictive endorsement?
4. If there is a difference between what your checkbook shows for a balance and the bank shows,
how would you justify the difference?
a. What happens if some deposits havent been cleared by the bank, but you show them
on your checkbook?
b. What happens if the bank shows a withdraw that you havent accounted for?
c. What would you do in order to get the two to balance?
5. Why do you think controls of cash in a company are important?
6. Define petty cash.
7. What is the function of a petty cash account?
Day Lecture Assignments Assessment
1 Chapter 4 Sections 4-1 & 4-2 On Your Own 4-1 & 4-2; Formative assessment will
PowerPoints and discussion of Application Problem occur as I circle the class
material. Collaboratively work on 4-1 & 4-2 observing problems and
Work Together 4-1 & 4-2. successes, and altering where
needed.
2 Chapter 4 Section 4-3 PowerPoint On Your Own 4-3; Verbal assessment of sections
and class discussion. Complete Application Problem 1 & 2 will occur prior to new
section examples as a walk 4-3 information. Formative
through, then collaboratively work assessment will occur as I
on Work Together 4-3. circle the class observing
problems and successes, and
altering where needed.
3 Recap of each section verbally Source Documents 4-S; Quiz over opening ledgers for
with class. 4-C Challenge Problem; each account, posting to them,
4-M Mastery Problem and creating correcting entries.
4 Chapter 5 Section 5-1 PowerPoint. On Your Own 5-1; Formative assessment will
Work Together 5-1 completed Application Problem occur as I circle the class
together before individual work. 5-1 observing problems and
successes, and altering where
needed.
5 Chapter 5 Section 5-2 PowerPoint. On Your Own 5-2; Verbal assessment of section 1
Work Together 5-2 completed Application Problem will occur prior to new
together before individual work. 5-2 information. Formative
assessment will occur as I
circle the class observing
problems and successes, and
altering where needed.
6 Chapter 5 Section 5-3 PowerPoint. On Your Own 5-3; Verbal assessment of previous
Work Together 5-3 completed Application Problem two sections prior to new
together before individual work. 5-3 information. Formative
assessment will occur as I
circle the class observing
problems and successes, and
altering where needed.
7 Chapter 5 Section 5-4 PowerPoint. On Your Own 5-4; Verbal assessment of previous
Work Together 5-4 completed Application Problem sections prior to new
together before individual work. 5-4 information. Formative
assessment will occur as I
circle the class observing
problems and successes, and
 altering where needed.
8 Recap of each section verbally 5-C Challenge Problem; Quiz over deposits,
with class. 5-M Mastery Problem endorsements, and bank
reconciliations.

9 Questions will come first and we Chapter 4 and 5 Study Kahoot Review Quiz towards
can work through any problems Guides the end of class.
students are worried about.
10 Review any questions students Test over Chapters 4 & 5 -
have about Chapters 4 & 5 Includes chart of accounts
creation; General Ledger
account creation, posting, and
corrections; Bank
reconciliation; and multiple
choice questions over other
material

Resources/Materials:

Century 21 General Journal Accounting 10e (Provided)

Century 21 General Journal Accounting 10e Work Papers (Provided)
Loose leaf paper or notebook for note taking
Pencil or pen, and eraser
Ruler (or other straight edges)