Business Education

Texas Essential Knowledge and Skills for
Business Education

  Recordkeeping       (1 Credit)

This course develops understanding of and skill in maintaining accurate records; includes skills used in everyday business activities both for personal and professional use; provides an opportunity to develop skills related to personal financial management as well as budgeting, financial planning, cashier’s records, handling of money, and tasks common to simple office practices.

Grade level: 9-12

Prerequisites: None
Textbook: Financial Management and Recordkeeping.  Glencoe/McGraw-Hill

Accounting I            (1 Credit)       Œ�

This course introduces general accounting concepts, principles, and procedures; emphasizes the need for financial records; provides the fundamental equation and its application to accounting procedures, including the basic steps of the accounting cycle, special journals and ledgers, work sheets, adjusting and closing entries, special problems in the purchase and sale of merchandise, notes and interest, depreciation, accruals and prepaid items, payroll records, and personal income taxes. Develops the skills, knowledge, and attitudes necessary for individuals to conduct personal business or to further an education in the field of accounting. Students complete practice sets or simulations, use calculators, and process some data electronically. Students may earn Tech-Prep credit that can be applied at Collin County Community College or Paris Junior College.

Grade level: 9-12

Prerequisites: Algebra I
Textbook: Accounting: Concepts/Procedures/Applications.  Glencoe/McGraw-Hill

 Advanced Accounting I & II         (1 Credit)       Œ�

This course examines characteristics of corporate organization and ownership, including investments and distribution of earnings; includes adjustments of bad debts, depreciation, depletion of fixed assets, adjusted and accrued income, various methods of inventory control, preparation of business budgets and notes receivable and payable; provides experience in initiating and maintaining an accounting system and in analyzing, interpreting, and synthesizing managerial problems using accounting information as a tool; and develops skill in applying principles used in accounting systems and methods commonly found in business. Accounting II is designed for students interested in studying accounting at the postsecondary level or entering the workforce.

 Grade level: 11-12

Prerequisites:  Teacher Permission, Accounting I
Textbook: Accounting: Concepts/Procedures/Applications, Advanced.  Glencoe/McGraw-Hill