Study Guide & Working Papers for College Accounting

Jeff Slater has taught at North Shore Community College for 47 years. He has published 12 different texts selling over 2 million copies. Slater has worked as a consultant for the federal government. His teaching philosophy is to keep it simple. Over the years he has been known for his innovative ideas. Slater received the Nisod teaching award. He resides in Lexington, MA with his wife Shelley and their two goldendoodles, Bernie and Fejjie.     Mike Deschamps received a Bachelor of Science degree in accounting, graduating from the University of San Diego (USD), where he served as the chapter president for Beta Alpha Psi, the national accounting honor society. He transferred to USD after completing several years at San Diego City Community College, where he really found his direction as a student -- which was a significant factor in his desire to become a community college instructor.   After working in public accounting and obtaining his CPA license, Deschamps returned to San Diego State University, where he earned a master’s degree in accounting and a certificate in financial planning. In addition, he earned his Enrolled Agent certification in 2004. He is currently pursuing a master’s degree in online teaching and learning in the School of Education at California State University, East Bay. He believes that the delivery of meaningful accounting instruction for students must keep up with the changing technology environment in which accounting operates.   He is currently in his tenth year at Mira Costa Community College and previously was a tenured professor of accounting and financial services at Chaffey Community College, where he also served as the program coordinator for six years. He is an active member of Teachers of Accounting at Two Year Colleges (TACTYC) and has presented at the National Convention a number of times, including the 2017 convention, where he presented on developing tax curriculum for community colleges. He is also a member of the American Institute of Professional Bookkeepers and was instrumental in redesigning the bookkeeping curriculum at MiraCosta to better reflect the skills needed in today’s bookkeeping environment. Having a curriculum that not only prepares students for the workplace but also assists them in preparing for a professional bookkeeping certification exam, such as the AIPB’s Certified Bookkeeper Designation, was a key goal of that effort.    

1. Accounting Concepts and Procedures

2. Debits and Credits: Analyzing and Recording Business Transactions

3. Beginning the Accounting Cycle

4. The Accounting Cycle Continued

5. The Accounting Cycle Completed

6. Banking Procedures and Control of Cash

7. Calculating Pay and Recording Payroll Taxes

8. Paying the Payroll, Depositing Payroll Taxes, and Filing the Required Quarterly and Annual Tax Forms: The Conclusion      

    of the Payroll Process

9. Sales and Cash Receipts in a Perpetual Inventory System

10. Purchases and Cash Payments in a Perpetual Inventory System

11. Preparing a Worksheet for a Merchandise Company Using the Perpetual Method

12. Completion of the Accounting Cycle for a Merchandise Company Using the Perpetual Inventory Method

13. Accounting for Bad Debts

14. Notes Receivable and Notes Payable

15. Accounting for Merchandise Inventory

16. Accounting for Property, Plant, Equipment, and Intangible Assets

17. Partnership

18. Organizations and Stock

19. Stock Values, Dividends, Treasury Stocks, and Retained Earnings

20. Corporations and Bonds Payable

21. Statement of Cash Flows

22. Analyzing Financial Statements

23. The Voucher System

24. Departmental Accounting

25. Manufacturing Accounting