Accounting 20

This course will expand your understanding of accounting principles, with a particular focus on those used by retail companies. You will learn how to record various journal entries, such as sales and purchases.

Prerequisite

None
Recommend completing Accounting 10

Delivered

Online Asynchronous

Credits

PAA 20 or Elective 20

What Will I Learn?

Accounting 20 is designed to reinforce and enhance accounting principles and concepts of a retail business. You will learn how to calculate payroll remittances, such as taxes, CPP and EI, and how journal entries are posted to the general ledger, trial balance and sub-ledgers.

Units of Study

Accounting for Retail Companies

Purchases and Cash Payments

Sales and Cash Receipts

General Journal

Canadian Payroll

Accounting Cycle Project

Bad Bets and Promissory Notes

Adjusting Entries and the Trial Balance

Financial Statements and Closing Journal Entries

Exams

This course requires a final exam to be supervised by a proctor

What is a proctor?

Course Materials

You Will Need

Reliable internet connection and device to submit course work, including speakers or headphones.

Supplied by Sask DLC

Online course materials and course timeline.

Aplia Online Accounting Software

E-Text Century 21 Accounting Multicolumn Journal 11

Saskatchewan Distance Learning Centre provides Kindergarten to Grade 12 courses to Saskatchewan students who choose to study online. We empower students and families to choose the learning environment that works best for them, while supporting their graduation plan.

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