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