ACNT 1304 - INTRODUCTION TO ACCOUNTING II
A study of accounting for merchandising, notes payable, notes receivable, valuation of receivables and equipment, and valuation of inventories in a manual and computerized environment.
Upon completion, students will be able to:
Define accounting terminology.
Analyze and record business transactions for a merchandising operation in a manual and computerized environment.
Calculate interest.
Apply valuation methods for receivables and payables.
Utilize various inventory and depreciation methods.
Identify internal control procedures for inventory, receivables, and payables.
Grade Basis: L
Credit Hours: 3
Lecture hours: 32.0
Lab hours: 32.0