Elementary course covering the complete accounting cycle for service and merchandising businesses. The basic functions of analyzing, classifying, recording, and summarizing accounting data are studied. Topics include journals, ledgers, worksheets, adjusting entries and financial statement preparation. Includes a computerized general ledger application. PREREQUISITE: Eligible for READ 104 or instructor's permission. Formerly B A 110.

A continuation of ACCT 110. Topics include special journals, receivables, payables, bad debts, interest, recording and discounting of notes, inventories, short-term investments, cash handling procedures, internal accounting controls, intangible assets, all done with an emphasis on generally-accepted accounting principles. Includes computerized accounting applications. PREREQUISITE: ACCT 110 with 2.0 grade or higher, or instructor's permission. Formerly B A 111.

Multiple different courses may qualify as transferable. Check with the institution for definitive transfer information.

This course is a survey of uses of accounting information by investors and creditors for decision making. Emphasis is placed on basic accounting principles used to prepare, analyze, and interpret financial statements.