May be repeated until six units of credit are accrued. The study outline prepared by the student and the instructor must be filed with the department and the dean. Accounting An introduction to accounting principles and procedures and their application to service business, including the basic accounting cycle, financial statements, adjustments, specialized journals and ledgers. Emphasis is placed on learning bookkeeping procedures for both manual and computer assisted accounting systems. This course is designed to prepare students for entry-level office accounting positions.
Emphasis is on practical accounting applications.
An introduction to the calculating, journalizing, paying and reporting of employee earnings, employee withholding and employer payroll tax expenses. The course emphasizes procedures which conform to federal and state legal requirements. Eligible for Mathematics 205, completion of Accounting 101. Income Tax A study of theory, philosophy, and principles of income tax law and procedures for computing the tax liability. It includes practice in solving typical individual tax problems.