Master Course Outline Practical Accounting Course Number: OT 161 Credits: 5 Hours per Quarter: 50 Lecture Hours:50 Description Studies accounting principles and applies bookkeeping procedures that can be applied to a variety of business operations. Emphasis placed on the analysis, journalization and posting of transactions typical of a small office. Students also formulate and interpret financial statements; record adjusting, closing, and reversing entries; reconcile bank statements; manage petty cash; account for bad debt; and perform payroll calculations and entries. Intended Skills and Attitude Outcomes A. Student will be able to complete accounting simulations that demonstrate their ability to maintain office books, manage cash, carry out payroll functions, and perform all steps in the accounting cycle including: B. Student will analyze, journal, and post transactions typical of a small business. C. Student will complete the adjust entries. D. Student will perform closing entries and the post-closing trial balance. E. Student will produce financial statements: income, owner's equity and balance sheet. Syllabi Listing Course Year Quarter Item Instructor   OT 161 Spring 2009 6645 Linda Lane View Syllabus OT 161 Spring 2008 6645 Linda Lane View Syllabus OT 161 Spring 2007 6645 Linda Lane View Syllabus OT 161 Spring 2004 6645 Linda Lane View Syllabus OT 161 Winter 2003 1725 Krista Mahan Two Year Projected Schedule Year One* Year Two** Fall Winter Spring Summer Mini  Fall Winter Spring Summer Mini   X         X       *Year one is all odd years (2003-2004) **Year two is all even years (2004-2005)