Prior or concurrent enrollment in BUS 105 recommended. This course and ACC 111 are designed for students who wish to take Accounting 120 over two semesters instead of one, at a slower but more thorough pace. This is a sequel to ACC 110.
Emphasis is placed on depreciation and disposal of fixed assets and payroll.
Accounting for current and long-term liabilities, partnership, and corporate transactions will be covered. Prior or concurrent enrollment in BUS 105 recommended. Presents accounting as an information system that produces summary financial statements primarily for users external to a business or other enterprise . The course emphasizes the identification, accumulation, and interpretation of information. . Quickbooks software is used.