Applied Accounting II
Standard letter grades
Contact hours total
Continuation of Applied Accounting I. Provides a detailed study of the mechanical and theoretical aspects of the bookkeeping and accounting process as it relates to a merchandising business.
1. Identify key accounting terms as they apply to merchandise industry enterprises.
2. Describe the entire accounting cycle process as it applies to merchandising enterprises.
3. Journalize business transactions, post to the general ledger, and create adjusting entries for merchandise industry enterprises.
4. Create and analyze classified financial statements as they apply to merchandising enterprises.
Financial Statements Inventory
Accounts Receivable/Bad Debts
Notes Receivable/Payable Interest
Long-term Assets (Fixed Assets)
Required textbook, online access, and specified calculator.
This course is assessed through homework, midterm exams, comprehensive accounting problem, participation and a final exam.