Accounting Procedures I

Important Notice

This course is not active. Please contact Department Chair for more information.

Commerce & Business Administration
Office Administration
Course Code
OADM 1238
Semester Length
15 weeks X 4 hours per week = 60 hours
Max Class Size
Method(s) Of Instruction
Typically Offered


Course Description
This course will introduce students to the concepts and practices of financial accounting for service and merchandising businesses. Students will complete the accounting cycle for a service business and complete the accounting cycle to trial balance for a merchandising business. Students will be introduced to special journals, subsidiary ledgers, sales taxes, and payroll activities. Students will also be introduced to bank reconciliations and petty cash systems.
Course Content
  1. Introduction to Accounting Concepts and Procedures.
  2. The Accounting Equation.
  3. Analyzing business transactions.
  4. Journalizing, posting and preparing a trial balance for a service business.
  5. Preparing financial statements for a service business.
  6. Preparing bank reconciliation statements.
  7. Journalizing transactions related to petty cash.
  8. Preparing a payroll register.
  9. Journalizing transactions for purchases and sales of merchandise using periodic and perpetual inventory systems.
  10. Special Journals – Sales, Cash Receipts, Purchases, and Cash Payments.
  11. Journalizing transactions involving GST and PST.
  12. Posting special journals and the general journal to a General Ledger, Accounts Receivable Ledger and Accounts Payable Ledger.
Learning Activities

Material will be presented primarily in a lecture format with time allocated for class discussion and the correction of assigned exercises/problems.

Means of Assessment

Assignments (3-5)




Test 1


Test 2


Final Exam


Employability Skills (criterion based)




Learning Outcomes

The learner has reliably demonstrated the ability to:


  1. complete the accounting cycle for a service business.
  2. complete the accounting cycle to trial balance for a merchandising business.
  3. plan, complete and record all payroll-related transactions for a pay period.
  4. prepare bank reconciliation statements and record transactions related to petty cash.
  5. record transactions in special journals and post to general, accounts payable, and accounts receivable ledgers.
  6. demonstrate needed employability skills for career success.
Textbook Materials

Textbooks and Materials to be Purchased by Students


Slater, Jeffrey and Brian Zwicker, College Accounting, Latest Edition.  Pearson Education.


Slater, Jeffrey and Brian Zwicker, College Accounting-Study Guide and Working Papers, Latest Edition.  Pearson Education


Materials also used for OADM 1338—Accounting Procedures II



No prerequisite courses.


No corequisite courses.


No equivalent courses.

Course Guidelines

Course Guidelines for previous years are viewable by selecting the version desired. If you took this course and do not see a listing for the starting semester / year of the course, consider the previous version as the applicable version.

Course Transfers

These are for current course guidelines only. For a full list of archived courses please see

Institution Transfer Details for OADM 1238
There are no applicable transfer credits for this course.

Course Offerings

Fall 2023