Students develop the ability to record business transactions and prepare financial statements for a small business enterprise. Topics include the accounting and the business environment; recording business transactions; adjusting entries; closing entries and completing the accounting cycle; merchandising accounting and inventory; accounting information systems; internal control and cash; receivables; property, plant and equipment; intangible assets and goodwill. Prerequisite: Provincial Grade 12 diploma or equivalent is recommended. Note: Students cannot get credit for more than one of ACCT 1000, ACCT 1210, ACCT 1211, ACCT 2210, ACCT 2211, ACCT 1030, BBUS 2210 or BBUS 2211
Students develop the ability to record business transactions and prepare financial statements for a small business enterprise. Topics include the accounting and the business environment; recording business transactions; adjusting entries; closing entries and completing the accounting cycle; merchandising accounting and inventory; accounting information systems; internal control and cash; receivables; property, plant and equipment; intangible assets and goodwill. Prerequisite: Provincial Grade 12 diploma or equivalent is recommended. Note: Students cannot get credit for more than one of ACCT 1000, ACCT 1210, ACCT 1211, ACCT 2210, ACCT 2211, ACCT 1030, BBUS 2210 or BBUS 2211
