Accounting II
Course # 713
Credit 0.5
Prerequisite: Accounting I
Accounting 2 builds upon the introductory course of Accounting I. Students will learn how to keep the financial records of a merchandising business that has two or more partners. Students will learn how to use journals, how to handle payroll, how to file/complete taxes, and how to complete the end of fiscal year adjustments.
Unit 1: Journalizing Using Special Journals
The unit will begin with a discussion about a merchandising company versus a service business fro...
Unit 2: Posting Using General and Special Journals
This unit reinforces the concept of posting to a general ledger but with 2 major differences. Pos...
Unit 3: Payroll
This unit focuses on preparing payroll records, journalizing payroll, taxes and reports. Students...
Unit 4: End of Fiscal Period Wok
This unit focuses on preparing documents at the end of a fiscal period for a merchandising compan...