ACCT 114 - Introduction to Accounting II

5 credits

Recommended Preparation
BTECH 102

Prerequisites
ACCT 113 .

Introduction to accounting for businesses. Assigning cost to inventory. Coverage of both periodic and perpetual inventory systems.

Theory Hours
5 theory hours.

Vocational Program Course
Vocational program course.

AA General Elective
May be used as a general elective in the AA degree.

Course Outcomes

Evaluate the impact of bad debts on receivables.
Handle the merchadise inventory account under either of the two predominate inventory systems.
Keep good records for a business with multiple departments.
Prepare journal entries and financial statements for a manufacturing business.