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Mar 11, 2025
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ACCT 1060 - Practical Accounting IICredits: 3
This course is a continuation of ACCT 1005 . Students will practice accounting procedures for sole proprietorships, partnerships, and corporations. Topics may include payroll procedures and taxes, accounts receivable/uncollectible, merchandising inventory, notes payable/receivable, and long-term assets. Students will review the accounting cycle and practice interpreting financial statements. A practice set will be completed for a merchandising business.
Prerequisite: ACCT 1005
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