Units: 4
Prerequisites: ACCT 101.
Acceptable for Credit: CSU
Lecture 4 hours.
Course Typically Offered: Spring

This course continues the introduction to accounting studied in ACCT 101. Topics include bookkeeping for sole proprietorship, partnership and corporate merchandising businesses with an emphasis on bad debts, notes receivable and payable, inventory, property, plant, equipment, and intangible assets, financial statement analysis, and cash flow. The course emphasizes a practical approach to accounting through problem solving.