ACC102 Basic Accounting 2
A continuation of ACC101 applying communicative, quantitative, and critical thinking skills to Generally Accepted Accounting Principles. Topics include: accounting for receivables, plant assets, natural resources, intangible assets, investments, payroll, accounting for various types of equity, introductory current and long term liabilities, partnerships, corporations, and preparation of the Cash Flow Statement. General ledger software and other appropriate computer applications may be included. Fulfills open and business electives. (3 hours of lecture per week)