ACC 201 - Intermediate Accounting I

• T-accounts and journal entries
• Financial Statements: Classified Balance Sheet and a Multi-Step Income Statement
• Completing of the Accounting Cycle to include Adjusting Entries and Closing Entries
• Time Value Of Money
• Inventories: FIFO, LIFO, Average, and Lower Of Cost Or Market
• Analysis of Accountings Receivable and Bad Debt Expense
• Depreciation Methods: straight Line, Declining Balance, Units of Production and Sum Of Years
• Amortization of Intangible Assets, Depletion of Natural Resources and Research and Development
• Short Term Liquid Assets: Petty cash and Bank Reconciliation
• Internal Control

• Computer and Internet Access
• Publisher’s Access Code is required for online component

A = 90 - 100
B = 80 - 89
C = 70 - 79
D = 60 - 69
F =   0 - 59

1. Apply basic double-entry accounting procedures.
2. Apply adjusting and closing procedures to complete the accounting cycle.
3. Construct Financial Statements, providing financial disclosure notations.
4. Identify accounting practices for cash, receivables, and internal control.
5. Apply basic principles of revenue recognition.
6. Evaluate and perform the accounting concepts associated with inventories and a merchandising business.
7. Demonstrate the accounting procedures for the acquisition, disposal and depreciation of property, plant and equipment.
8. Calculate the time value of money concepts within accounting topics.

• Identity Verification
• Required materials for all online courses
• Mandatory Attendance Requirement
• Orientation and Support
• Proctored Exams

• Academic Integrity
• Add/Drop period
• Attendance
• Classroom Conduct
• Equal Access
• IT Access
• Online Behavior
• Online Confidentiality
• Services For Students with Disabilities
• Student Concerns
• Student Help Services
• Withdrawals