ACCT& 202 Principles of Accounting II
Continuation of ACCT& 201. Focus on issues and choices involved in asset valuation, income determination, and financial statement preparation. Topics covered include treatment of long-term assets, current and long-term liabilities, short- and long-term investments, and transactions affecting stockholder equity. Also covers preparation of cash flow statements as well as calculation and interpretation of financial performance ratios and comparative and common-size financial statements.
Prerequisite
ACCT& 201 with a grade of C or higher