BA 113 Practical Accounting III
Third course in Practical Accounting series. Includes entries requiring analysis and interpretation, unearned and accrued items, depreciation of assets, manufacturing accounting and other managerial accounting procedures.
Prerequisite
Prerequisite: BA 112 Practical Accounting II with a C or better.
Offered
Offered Spring only
Notes
Career Technical Education (CTE) Course
Outcomes
Upon successful completion of this course, students will be able to:
Describe the characteristics of a corporation. Demonstrate an understanding of the accounting processes specific to stock, dividends, treasury stock and retained earnings.
Prepare the accounting for basic bond transactions. Demonstrate an understanding the cash flows statement preparation process for both the indirect and the direct method.
Interpret and analyze financial statements. Explain how to handle transactions in a voucher system. Demonstrate an understanding of departmental accounting.