ACCT 201Intermediate Accounting I

Catalog

PREREQUISITES: ACCT 101 - Financial Accounting and OTEC 118 - Microsoft Excel CATALOG DESCRIPTION: Studies accounting principles and applications at an intermediate level pertaining to the income statement and balance sheet, cash and cash equivalents, receivables, inventories, plant assets and intangible assets, current and contingent liabilities, corrections of errors, and statement of cash flows. Included are analysis of bad debts, inventory valuation, repairs and maintenance, depreciation of plant assets and present value applications.