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Jun 17, 2024
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2023 - 2024 College Catalog
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ACCT 245 - Computerized Accounting Credit Hours: 3 Lecture Hours: 3 Laboratory (or Other) Hours: 0
Prerequisite(s): ACCT 125 and CITA 110 Restriction(s): None
Corequisite(s): None
Students will be taken through the complete accounting cycle from the beginning (purchases, sales, and other basic transactions, recording invoices, payments, etc.) to the final work product (a complete set of financial statements) using computerized accounting package. Students will gain an understanding of the patterns of flow of computerized accounting data and information in a business to include computerized general ledger, subsidiary ledgers and payroll applications.
Student Learning Outcomes of the Course:
In a computerized accounting software program:
- Set up service and retail companies
- Produce financial statements .
- Analyze accounts, journalize transactions, prepare adjusting and closing entries
- Prepare accounting transactions relevant to accounts receivables and payables, inventory, payroll, cash receipts and disbursements
Repeatable: No
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