This course continues Practical Accounting I with more detailed explanations of the accounting cycle. Covers special journals, ledgers, business forms, including vouchers. Emphasizes accounting for partnerships.
Demonstrate how to use special journals.
Demonstrate accounting for a merchandising company.
Demonstrate accounting for bad debts, property, plant, and equipment.
Demonstrate depreciation methods.
Demonstrate how to apply different values to inventory by the use of different methods of inventory valuation.
Demonstrate accounting for partnerships.
Course Citations (Google Doc)