Wilkes University 3 credits Accounting
A study of the accounting inFormation system and the accounting standards applicable to corporate balance sheet accounts and their related counterparts that result in revenue and expense recognition on the income statement and statement of retained earnings. Course topics include the financial accounting standards, financial statement preparation, cash and receivables, inventories and cost of goods sold, and plant and depreciation. Pre-Requisites: ACC 161 with a minimum grade of 2.0.
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