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ACC 115 - Computerized Accounting
This course provides students with an understanding of computer applications of the accounting cycle using an accounting computer software program. In addition students will utilize a spreadsheet program to perform a bank reconciliation inventory costing depreciation methods and payroll.
Upon successful completion of this course students should be able to:
- Develop on a computer a chart of accounts record representative journal entries and prepare a trial balance and financial statements for a service proprietorship.
- Record on a computer representative business transactions for a merchandising business utilizing the appropriate special journals.
- Complete a worksheet and a multiple step income statement for a merchandising business on a computer.
- Maintain and reconcile accounts receivable and accounts payable ledgers on a computer with appropriate control accounts.
- Prepare all documents necessary for the maintenance of a checking account and prepare a bank reconciliation.
- Maintain a payroll system using spreadsheet software.
- Compute depreciation expense and merchandise inventory values on a computer using various methods.
- Compute basic analytic measures and ratios.
Prerequisites: Applied Accounting (ACC 100) or Financial Accounting (ACC 111) and Introduction to Computers (DPR100).
3 hours lecture 2 hours laboratory each week 4 credits