ACTG 115 Bookkeeping II
Introduces continued principles of full cycle, double-entry accounting. Covers specialty issues, such as uncollectible accounts, depreciation, inventory notes, interest accruals, and end-of-period work for corporations. Also covers basics of payroll accounting and payroll tax reports. Students will maintain journals and ledgers to prepare basic financial statements for a retail business organized as a corporation and identify the concepts and terminology required to perform specific accounting functions accurately.
Prerequisite
None
Corequisite
Concurrently enrolled in
ACTG 110 - Bookkeeping I or instructor approval