Intermediate Accounting I

Catalog description

This course is a continuation of ACCT 1211 that reinforces the mechanical phase of theoretical concepts enabling the accounting majors to apply double entry accounting methods toward the daily maintenance of accounting resources and the preparation of basic financial statements. Additional topics explored in an in-depth study of the accounting processes, valuation, and statement presentation will be conducted on the following accounts; cash, receivables, inventories, property, plant, & equipment, and intangibles. Recommend: To be successful in this course it is recommended that students have a "C" or better in ACCT 1211.