ACBO 9207 Basic Accounting Concepts II
45 hrs
Noncredit
ADVISE: ACBO 9206 or equivalent, ESL Level 6+
Basic accounting concepts and procedures introduce to students recording business transactions into special journals and subsidiary ledgers for accounts receivables and accounts payables, cash payments and payroll using a manual accounting system; students learn about banking procedures, bank reconciliations, accruals and deferrals and preparing classified financial statements.