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.

 
      
 

Financial Services Juniors


GOOGLE CLASSROOM: qhmqi6j

 


 

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 28

Monday 3/22a: We are going to start learning about accounting for merchandising businesses. So, what exactly is a MERCHANDISING business? 

Monday 3/22b: What is the main difference between merchandising businesses and service businesses?

Thursday 3/25a: What are some of the frequent transactions that a merchandising business probably has? (hint: think about cash transactions and ones on account)

Thursday 3/25b: In your own words, what types of transactions are recorded in a: Purchases Journal? Cash Payments Journal?

WEEK 29

Monday 3/29: Last week, we started working with Purchases Journals and Cash Payments Journals … what is one advantage of using these and one challenge?

Thursday 4/1: 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?

WEEK 30

Monday 4/12: New Topic: What are SUBSIDIARY LEDGERS and why do you think that using them to keep track of AR and AP is so important. (don't answer this until we talk about it in class please!)

Thursday 4/15: What do you think is the most difficult part about special journals and subsidiary ledgers for YOU personally?

WEEK 31

Monday 4/19: Today, we’re going to start learning about payroll accounting. What do you already know about paychecks and earning money?

Thursday 4/22: We got started with Payroll Accounting the other day. What did you think? 

WEEK 32

Monday 4/26: 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)

Thursday 4/29: How do you feel about our test today? Are you ready to show me what you know???

WEEK 33

Monday 5/3: What are some of the differences that you think there are between recording equity transactions for a corporation (compared to a sole proprietorship)?

Thursday 5/6: Today we are going to focus on the merchandise inventory account. Why is this topic so important for merchandising businesses? 

WEEK 34

Monday 5/10: Today we’re working on a comprehensive problem including many of the concepts that we’ve been working on this quarter … what part do you struggle most with?

Thursday 5/12: What do you think is mean by “uncollectible accounts”? Why are some accounts uncollectible?

WEEK 35

Monday 5/17: What is the purpose of depreciation? How have we calculated depreciation expense up until now?

Thursday 5/20: It’s your last QOD of the year … so you pick what you want to talk about. 

 


 

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

FS Juniors Syllabus 2020-21 Q3

FS Juniors Course Guide 2020-21

FSJ Week 19

FSJ Week 20

FSJ Week 21

FSJ Week 22

FSJ Week 23

FSJ Week 24

FSJ Week 25

FSJ Week 26

FSJ Week 27

FSJ Week 28

FSJ Week 29

FSJ Week 30

FSJ Week 31

FSJ Week 32

FSJ Week 33

FSJ Week 34

 


  

ASSIGNMENTS

WEEK 28

Monday 3/22a: Merchandising Business Plan

Monday 3/22b: Income Statement for Your Merchandising Business

Thursday 3/25a: PJ CPJ Slim Shady

Thursday 3/25b: Creepy Pete's

WEEK 29

Monday 3/29: Ed's Electronics and Simple Simon

Thursday 4/1: Practice PRA SRA and Handy Hal's

WEEK 30

Monday 4/12: Grover's Grocery and Tippecanoe's Canoes

Thursday 4/15: Colby Jack's Cheese

WEEK 31

Monday 4/19: Preparing Payroll Records

Thursday 4/22: Journalizing Payroll and Group Review of SJ with Payroll

WEEK 32

Monday 4/26: PaperClipZ Comprehensive Problem

Thursday 4/29: Test!

WEEK 33

Monday 5/3: Stockholders' Equity for a Corp. and Muzic Center Worksheet

Thursday 5/6: Merchandise Inventory Adjustments and Inventory Costing Methods

WEEK 34

Monday 5/10: Comprehensive Problem - Jock's Sporting Goods

Thursday 5/12: Uncollectible Accounts/Writing Off Accounts

WEEK 35

Monday 5/17: Accounting for Depreciation and WebXam

Thursday 5/20: Wrap-up Day! 

 

JOURNEY PAPER: Junior Journey Paper (due May 20)