Instruction is facilitated by an instructor who guides students through each lesson and is available to answer questions and provide feedback on assignments. Each week, students receive an assignment over the Internet that includes reading assigned chapter(s) from the textbook. Students complete a short assignment that is forwarded electronically to instructors or posted it to the electronic class Discussion Board while also taking a self-check test. Additionally, students collaborate with other students on some assignments using electronic discussion boards, chat rooms, and e-mail. The 11-week course requires a mid-term examination and final examination which are delivered electronically. Overall grades for the class are based on student performance on the weekly assignments, mid-term examination and the final examination. Major topics include: Accounting: Analyzing Business Transactions; Analyzing Business Transactions using T Accounts; the General Journal and the General Ledger; Adjustments and the Worksheet; Closing Entries and the Post closing; Trial Balance; Accounting for Sales and Accounts Receivables; Accounting for Purchases and Accounts Payable; Cash Receipts, Cash Payments, and Banking Procedures; Records and Payments; Payroll Taxes; Deposits and Reports; Accruals, Deferrals, and the Worksheet; Financial Statements and Closing Procedures.