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ACCT 1105 - Financial Accounting II (3-2-4)

Introduces the intermediate financial accounting concepts that provides the student with the necessary skills to maintain a set of books for a partnership ad corporation. Topics include: Fixed and Intangible Assets, Current and Long-Term Liabilities(Notes Payable), Payroll, Accounting for a Partnership, Accounting for a Corporation, Statement of Cash Flows, and Financial Statement Analysis, Laboratory work demonstrates theory presented in class. Must pass with a C or better.

Prerequisite: ACC 1101 with a grade of "C" or better

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