Students use columnar journals, posting, subsidiary ledgers, and worksheets to complete the accounting cycle and prepare financial statements. Emphasis is on the balance sheet and income statement. Use of a computerized practice set is also required. Lake Superior College converted to semesters starting with the 1998-99 academic school year.
All credits are semester-based.
To convert semester credits into quarter credits, multiply the semester credits by 1.5. This course is 3 semester credits. Before you are allowed to take this course, certain prerequisites may need to be met. Ensure that you meet these requirements before registering for the course. This course has no prerequisites.