BUS 151 - Accounting II

Continues to develop the foundations for a thorough understanding of basic accounting principles. The emphasis is on accounting issues that are relevant to the corporate form of business organizations. In particular, dividends, retained earnings, long-term liabilities and investments are examined. Introduces cash flow statements and cost/profit relationships. Ends with the comparison of financial and managerial accounting.

Prerequisites & Notes
Prerequisite: BUS 150. (Formerly ACC 102).

(Cr 3)