1972-1973 Academic Catalog

56 CEDARVILLE COLLEGE DIVISIONAL COURSES 340 INDEPENDENT STUDY IN BUSINESS ADMINISTRATION Research in problems of Accounting, General Business, Economics, Man- agement, or Marketing. One to four credit hours 341 TOPICS IN BUSINESS A variety of courses is offered under this heading on an experimental basis. This allows the division to meet the changing needs of the students without formally adding and dropping courses on a quarterly basis. One to five credit hours 347 MATERIALS IN TEACHING BUSINESS SUBJECTS-Sp A study of the materials used in teaching business subjects in high school. Two credit hours 442 BUSINESS SEMINAR-W Discussion of current business topics. Open to seniors only in Business Administration. Two credit hours A. ACCOUNTING 101-102 PRINCIPLES OF 1 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 AccoUNTING--A, w PrereqtJisite: Accounting 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 (Alternate, odd 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 (Alternate, even years) Prerequisite: Accounting 102 Proper preparation of federal income tax returns for individuals, partner– ships, and corporations. Ability to do research in this area will be stressed. Four credit hours 303 COST ACCOUNTING--A (Alternate, odd years) Prerequisite: Accounting 102 Principles of industrial and distribution cost accounting; job order and process cost systems; standard costs. Five credit hours 304 AUDITING--Sp (Alternate, even years) Prerequisite: Accounting 202 Purpose and adv~ntages of the different types of audits; duties and respon– sibilities of an auditor; audit practice, procedure, and reports. Five cred# hours