ACC151 Accounting II

This course is a continuation of Accounting 150 and delves into the transactions between a retailer, his suppliers, and his customers. Buying and selling transactions are studied and well as the preparation of the applicable financial statements and their results. Working with cash and internal control is emphasized and accounts receivables and the appropriate entries are defined. Inventories, the needed entries, and the affects they have on a business are examined in detail.

Prerequisites

ACC150 Accounting I