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.

Credits

Prerequisite

BA 112 Practical Accounting II with a C or better.

Notes

Career Technical Education (CTE) Course

Outcomes

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.