1970-1971 Academic Catalog

BUSINESS ADMINISTRATION 59 A. ACCOUNTING 101, 102 PRINCIPLES OF ACCOUNTING---W, Sp An introduction to accounting. Statements, accounts, journals, adjusting and closing entries, the worksheet, the voucher system, payroll accounting, accounting for proprietorship, partnership, and corporation are treated. Five credit hours each quarter 201, 202 INTERMEDIATE AccouNTINc;.:-A, w Prerequisite: Accottnting 102 Review of fundamentals. Accounting for cash, receivables, inventories, fixed assets, intangibles, investments, liabilities, net worth, and sales. Four credit hours each quarter 301 ADVANCED ACCOUNTING-Sp ( 1970-71 and alternate years) Prerequisite: Accounting 202 A study of consolidated financial statements, foreign exchange, insurance, estates and trusts, branch accounting, and problems. Four credit hours 302 FEDERAL INCOME TAXES-A ( 1970-71 and alternate years) Prereq1;,isite: Accounting 102 Proper preparation of federal income tax returns for individuals, partner– ships, and incorporations. Ability to do research in this area will be stressed. Four credit hours 303 COST ACCOUNTING-A ( 1971-72 and alternate years) Prerequisite: Accounting 102 Principles of industrial and distribution cost accounting; job order and process cost systems; standard costs. Five credit hottrs 304 AUDITING-Sp ( 1971-72 and alternate years) Prerequisite: Accounting 202 Purpose and advantages of the different types of audits; duties and respon– sibilities of an auditor; audit practice, procedure, and reports. B. BUSINESS ORGANIZATION 111 INTRODUCTION TO BUSINESS ORGANIZATION-A Five credit hours An orientation in business administration. Provides guidance in field spe– cialization and familiarizes the student with business terms. Four credit hours 211 PRINCIPLES OF MARKETING-A Prerequisite: Business Organization 111 A survey of distribution functions, middlemen and channels of trade, com– petition, price policies, market planning, market research, and consumer problems. Four credit hours 212 PRINCIPLES OF ORGANIZATION AND MANAGEMENT-A Prerequisite: Business Organization 111 An examination of the policies, principles, practices, and problems involved in the management and organization of business concerns. Four credit hourJ