My Finance Class

Welcome to My Finance Class, the official website for Financial Services and BPA at Northwest High School.

FSJ

  

Your first step toward a successful future in business & finance starts right here ...

  

FS

       

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FSJ

Strategic Entrepreneurship & Financial Accounting
   

  "Financial Services Juniors" consists of two courses: Strategic Entrepreneurship and Financial Accounting. Throughout the first year of the program, FSJ students discover what makes a company successful ... and learn how to start, manage, and grow their own successful businesses.

  
 
  
BPA CLASS REPS
Karlee Behymer 
Karlee Behymer
 Ashley Shelton
Ashley Shelton
ChrisalynTurner 
Chrisalyn Turner
      
 

Financial Services Juniors


GOOGLE CLASSROOM: h5yzygl

 


 

QUESTION OF THE DAY

At the beginning of class, there will be a “Question of the Day” on the screen (also available right here on the class website). You should do your best to write a complete response (25 word minimum) to the question and EMAIL it to me. If you aren’t sure about what to write, please ask! No credit will be given for late QODs, unless you were absent that day. My email address is clarkpv@butlertech.org.

WEEK 29

Monday 3/11 

We are going to start learning about accounting for merchandising businesses. So, what exactly is a MERCHANDISING business?

What are some of the frequent transactions that a merchandising business probably has? (hint: think about cash transactions and ones on account)

Wednesday 3/13 

In your own words, what types of transactions are recorded in a: (1) Purchases Journal and (2) Cash Payments Journal? 

Friday 3/15 

So far this week, we started working with Purchases Journals and Cash Payments Journals … what is one advantage of using these and one challenge?

WEEK 30 

Monday 3/18 

Today we’re going to continue practicing with the Sales Journal and the Cash Receipts Journal. In your own words, what types of transactions do these two special journals record?

Wednesday 3/20 

What are SUBSIDIARY LEDGERS and why do you think that using them to keep track of AR and AP is so important?

Friday 3/22 

The other day, we got some practice with posting to the AP Subsidiary Ledger. Did the process make sense? Are you ready to give this a shot with the AR Subsidiary Ledger today? 

WEEK 31

Monday 3/25 

Walk through the process of recording transactions for a merchandising business.

Tuesday 3/26 

We are going to start on a comprehensive problem today covering everything we’ve learned so far this quarter. What do YOU think this problem will cover? (be specific)

Wednesday 3/27 

No QOD - WebXam

WEEK 32 

Tuesday 4/9 

Review Day! What do you think is the most difficult part about special journals and subsidiary ledgers for YOU personally?

Wednesday 4/10 (EOC)

Today, we’re going to start learning about payroll accounting. What do you already know about paychecks and earning money?

Friday 4/12 

No QOD - Free Day

WEEK 33

Monday 4/15 

We got started with Payroll Accounting the other day. What did you think?

Tuesday 4/16 

Today we are going to focus on the merchandise inventory account. Why is this topic so important for merchandising businesses?

Wednesday 4/17 

What are some of the differences that you think there are between recording equity transactions for a corporation (compared to a sole proprietorship)?

Friday 4/19 

What are some of the differences that you think there are between recording equity transactions for a corporation (compared to a sole proprietorship)?

 


 

CURRENT EVENT

Every week, you will be responsible for finding a recent news article which relates to a relevant business, finance, or entrepreneurship topic. The criteria include:

  • A 250-word paragraph that (1) summarizes your article, (2) explains how it relates to class, and (3) provides your own personal reflections on the topic.
  • Typed in MS Word or Google Docs and attached to an email.
  • Use MLA format for the paper and cite your source.
  • No credit will be given if your current event does not meet all of these criteria.

Sample of Current Event in MLA Format

MyFinanceClass Flipboard

 


 

SYLLABUS AND WEEKLY SHEETS

2023-24 FSJ Syllabus

2023-24 FSJ Student Guide and Forms

FSJ Week 29 

FSJ Week 30 

FSJ Week 31 

FSJ Week 32 

FSJ Week 33 

   


  

ASSIGNMENTS

WEEK 29

Monday 3/11 

Explore SJ: PJ CPJ, Slim Shady 

Wednesday 3/13 

Creepy Pete, Ed's Electronics 

Friday 3/15 

Explore SJ: SJ CRJ, Simple Simon, Practice PRA SRA 

WEEK 30 

Monday 3/18 

Handy Hal - PJ CPJ SJ CRJ GJ

Wednesday 3/20 

Explore AP Sub Ledger, Grover's Grocery 

Friday 3/22 

Explore AR Sub Ledger, Tippecanoe's Canoes 

WEEK 31

Monday 3/25 

Posting Special Journal Totals, Jewel's Jewelry 

Tuesday 3/26 

PaperClipZ Comprehensive Problem 

Wednesday 3/27 

WebXam

WEEK 32 

Tuesday 4/9 

Colby Jack's Cheese Emporium

Wednesday 4/10 (EOC)

Payroll Time Card, Withholding Tax 

Friday 4/12 

Free Day

WEEK 33

Monday 4/15 

Journalizing Payroll, Group Review of SJ w/Payroll 

Tuesday 4/16 

Merchandise Inventory Adjustments, Inventory Costing Methods 

Wednesday 4/17 

WebXam

Friday 4/19 

Stockholder's Equity, FSJ Stock Market Challenge 

     


 

TEXTBOOK

We will be using the GREEN Accounting text on your desk.