ACCB 131 Principles of Bookkeeping II*

This course is a continuation of ACCB 130 Principles of Bookkeeping I. This course covers: Corporations-Organizations and Stock; Corporations-Stock Values, Dividends, Treasury Stocks, and Retained Earnings; Corporations and Bonds Payable; Statement of Cash Flows; and Analyzing Financial Statements.

Credits

3

Semester Contact Hours Lecture

48

Semester Contact Hours Lab

0

Semester Contact Hours Clinical

0

General Education Competency

[GE Core type]

ACCB 131Principles of Bookkeeping II*

Please note: This is not a course syllabus. A course syllabus is unique to a particular section of a course by instructor. This curriculum guide provides general information about a course.

I. General Information

Department

Business

II. Course Specification

Course Type

Program Requirement

General Education Competency

[GE Core type]

Credit Hours Narrative

3

Semester Contact Hours Lecture

48

Semester Contact Hours Lab

0

Semester Contact Hours Clinical

0

Grading Method

Letter grade

Repeatable

N

III. Catalog Course Description

This course is a continuation of ACCB 130 Principles of Bookkeeping I. This course covers: Corporations-Organizations and Stock; Corporations-Stock Values, Dividends, Treasury Stocks, and Retained Earnings; Corporations and Bonds Payable; Statement of Cash Flows; and Analyzing Financial Statements.

IV. Student Learning Outcomes

Upon completion of this course, a student will be able to:

  • Understand advantages and disadvantages of the corporate structure and explain retained earnings and stockholders’ equity accounts and be able to journalize stock and dividend transactions.
  • Demonstrate how to calculate redemption, market, and book values; properly calculate and journalize dividends and treasury stock transactions; and prepare a statement of retained earnings.
  • Demonstrate how to properly account for bond transactions including the issuances and interest payments; and understand the straight line and interest method of amortizing bonds.
  • Demonstratehow to prepare a statement of cash flows using both the indirect method and the direct method.
  • Understand how to analyze financial statements using financial ratios and be able to prepare a horizontal and vertical analysis of financial statements.

V. Topical Outline (Course Content)

Corporations: Organizations and Stock Corporations: Stock Values, Dividends, Treasury Stocks, and Retained Earnings Corporations and Bonds Payable Statement of Cash Flows Analyzing Financial Statements

VI. Delivery Methodologies

Required Assignments

Chapter homework associated with each Chapters 18-22

Required Exams

Chapter tests as needed Final Exam-Comprehensive

Required Text

College Accounting: A Practical Approach Slater 13th Edition MyAccountingLab

Required Materials

Required Activities

Specific Course Activity Assignment or Assessment Requirements

Chapter homework associated with each Chapters 18-22 Chapter tests as needed Final Exam-Comprehensive 1. 2.