ACT 221* - Intermediate Accounting I

This course covers accounting theory, preparation of basic financial statements, future and present value concepts, receivables, inventory valuation, acquisition, disposal and depreciation of plant assets, intangible assets.

PREREQUISITES: ACT 202 with a C or better.
Vocational/Career Program Designation: *Designated primarily for vocational/career programs This course may be accepted as transfer credit by some colleges and universities, but that decision is made by the receiving institution. This course is collegiate level work, but has been developed with a purpose other than being a university parallel course.

Credits: (3)

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