BA 112 Practical Accounting II
Continuing Practical Accounting I with explanation of the accounting cycle. Covers special journals, ledgers, business forms, including vouchers. Emphasizes accounting for partnerships.
Prerequisite
Prerequisite: BA 111 Practical Accounting I with a C or better.
Offered
Offered Winter only
Notes
Career Technical Education (CTE) Course
Outcomes
Upon successful completion of this course, students will be able to:
Complete the entire accounting cycle for a merchandising company. Demonstrate an understanding of accounting for bad debts. Demonstrate an understanding of accounting for notes receivable and notes payable. Compute the cost of fixed and intangible assets and natural resources. Prepare basic depreciation, depletion and amortization calculations. Describe the characteristics of partnerships and basic partnership accounting.