Principles of Accounting 2

About This Course

Course Name/Code: Principles of Accounting 2, BUAC 242

Catalog Description: A study of the fundamental accounting procedures using journals, ledgers, and financial statements to complete the accounting cycle. Emphasis is on the sole proprietorship form of business organization in both service and merchandising enterprises. Accounting concepts are examined for presentation of financial statements in accordance with generally accepted accounting principles. The second semester involves corporate organizations and managerial accounting concepts.

Credits: 4

Prerequisite: BUAC 241

Required Text(s): Please use the online campus bookstore to locate required textbooks for the course. Make sure that you search using the correct course code and look for the course with the “OL” suffix in the drop-down list. (See Textbook Ordering Help.)