Accounting
PRINCIPLES OF ACCOUNTING I
ACCT&201
5 Credits
55 hours of lecture
Accounting theory and practice including the entire accounting cycle and accounting for merchandising operations, receivables, current liabilities, and payroll. Formerly BUS 231. Credit not allowed for both BUS 231 and ACCT& 201. Prerequisite: Eligibility for ENGL& 101 and MATH 095 or consent of Instructional Unit. [SE]
PRINCIPLES OF ACCOUNTING II
ACCT&202
5 Credits
55 hours of lecture
Continuation of ACCT& 201 with emphasis on payroll, partnership and corporation accounting, statement of cash flow, analysis and interpretation of financial statements, plant assets, depreciation, time value of money, long-term liabilities, and investments. Formerly BUS 232. Credit not allowed for both BUS 232 and ACCT& 202. Prerequisite: A grade of "C" or better in ACCT& 201. [SE]
PRIN OF ACCOUNTING III
ACCT&203
5 Credits
55 hours of lecture
Continuation of ACCT& 201 with emphasis on responsibility and departmental accounting, manufacturing operations, cost accounting, budgeting and standard costs, cost-volume-profit analysis, incremental analysis and capital budgeting. Prerequisite: A grade of "C" or better in ACCT& 202. Formerly BUS 233. [SE]