ACCB 131 Principles of Bookkeeping II

This course is a continuation of ACCB 130: Principles of Bookkeeping I. This course covers accounting for partnerships and corporations, analysis of financial statements, cash flow, departmental accounting, and manufacturing accounting.

Credits

3 Credits

Semester Contact Hours Lecture

45

Semester Contact Hours Lab

0

Semester Contact Hours Clinical

0

Prerequisite

ACCB 130

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

II. Course Specification

Course Type

Program Requirement

Credit Hours Narrative

3 Credits

Semester Contact Hours Lecture

45

Semester Contact Hours Lab

0

Semester Contact Hours Clinical

0

Prerequisite Narrative

ACCB 130

Repeatable

N

III. Catalog Course Description

This course is a continuation of ACCB 130: Principles of Bookkeeping I. This course covers accounting for partnerships and corporations, analysis of financial statements, cash flow, departmental accounting, and manufacturing accounting.

IV. Student Learning Outcomes

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

• Prepare a statement of cash flows.
• Demonstrate proper accounting for partnerships including journalizing entries to form a partnership and entries to record division of net income or net loss.
• Recognize how financial statements are analyzed and know common financial statement ratios.
• Understand and demonstrate proper accounting of corporate bonds.
• Understand corporate stock values, dividends, treasury stocks, and retained earnings and demonstrate the knowledge using the appropriate journal entries and completing the corporate financial statements.
• Understand the corporate organization and what corporate stock is.

V. Topical Outline (Course Content)

VI. Delivery Methodologies