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A smiling young woman holding a book in a college classroom library in front of shelves full of books.

ACCT205 - Accounting Principles II

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Semester Credit Hour(s): 3

Accounting concepts, principles and practices from Accounting Principles I are applied to a merchandising business. This course includes specific inventory methods, receivables and payables, bad debt, and valuation of plant and equipment. An overview of basic partnership and corporate transactions is provided. Ethics is applied throughout the course.

Prerequisite(s): ACCT110

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