ACCT 1105 - Financial Accounting II

Prerequisite: ACCT 1100
Introduces the intermediate financial accounting concepts that provide the student with the necessary skills to maintain a set of books for a partnership and corporation. Topics include: Fixed and Intangible Assets, Current and Long-Term Liabilities (Notes Payable), Payroll, Accounting for a Partnership, Accounting for a Corporation, Statement of Cash Flows, and Financial Statement Analysis, Laboratory work demonstrates theory presented in class. Contact hours: Class - 3, Lab - 2. Credit hours: 4 (E)

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