1974-1975 Academic Catalog

Business Administration A. ACCOUNTING 101-102 Principles of Accounting - W, Sp 5 hours each quarter An introduction to accounting. Statements, accounts, journals, adjusting and closing entries, the worksheet, the voucher system, payroll accounting, accounting for proprietor– ship, partnership, and corporation are treated. 201, 202 Intermediate Accounting - A, W 4 hours each quarter Review of fundamentals. Accounting for cash, receivables, inventories, fixed assets, intangibles, investments, liabilities, net worth, and sales. Prerequisite: BA 102 301 Advanced Accounting - Sp hours A study of consolidated financial statements, foreign exchange, insurance, estates and trusts, branch accounting, and problems. Prerequisite: BA 202 (Alternate, odd years) 302 federal Income Taxes - A 4 hours Proper preparation of federal income tax returns for individuals, partnerships, and corpo– rations. Ability to do research in this area will be stressed. Prerequisite: BA 102 (Alternate, even years) 303 Cost Accounting A 5 hours Principles of industrial and distribution cost accounting; job order and process cost systems; standard costs. Prerequisite: BA 102 (Alternate, odd years) 304 Auditing - Sp 5 hours Purpose and advantages of the different types of audits; duties and responsibilities of an auditor; audit practice, procedure, and reports. Prerequisite: BA 202 (Alternate, even years) B. GENERAL BUSINESS 111 Introduction to Data Processing - W 3 hours Basic principles and procedures of manual, mechanical, and electronic data processing systems. Prerequisite: SM 120 Introduction to Computer Programming