Intermediate Accounting I (ACC 210)

Term: 2023-2024 AY Fall

Faculty

Nancy A CowettShow MyInfo popup for Nancy A Cowett

ncowett@nmcc.edu

Description

This is the first semester of a two-semester course designed to give the student an in-depth overview of generally accepted accounting principles and financial reporting. Topics include preparation of the balance sheet, income statement, and statement of cash flows; inventory costing; accounts and notes receivables; the allowance method of accounting for bad debts; plant and equipment; investments; and other issues. Practical application will be by using a computerized homework system and case studies. Prerequisite(s): ACC120 Corequisite(s): None