ACC 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 organization. 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
ACC 150. Formerly BUS 151.

(Cr: 3)