|
The learner will be able to demonstrate accounting procedures
used in an accounting system for a merchandising business organized as a
corporation.
The
learner will be able to analyze and record transactions in special
journals.
The
learner will be able to post from special journals to general and subsidiary
ledgers.
The
learner will be able to calculate, journalize, and post estimated
uncollectible accounts expense.
The
learner will be able to journalize and post entries related to writing off
and collecting uncollectible accounts receivable.
The
learner will be able to journalize and post entries related to the purchase
of assets, the depreciation of assets, and the disposing of assets.
The
learner will be able to calculate depreciation using various methods.
The
learner will be able to determine the cost of merchandise inventory using
various methods.
The
learner will be able to estimate the cost of merchandise inventory using
the gross profit methods of estimating inventory.
The
learner will be able to calculate interest and maturity dates for notes.
The
learner will be able to journalize and post transactions for notes payable
and notes receivable.
The
learner will be able to record adjusting, closing, and reversing entries
for accrued revenue and accrued expenses.
The
learner will be able to journalize and post entries related to dividends
for a merchandising business organized as a corporation.
The
learner will be able to prepare a worksheet for a merchandising business
organized as a corporation at the end of the fiscal period.
The
learner will be able to prepare financial statements for a merchandising
business organized as a corporation.
The
learner will be able to complete adjusting, closing, and reversing entries
for a merchandising business organized as a corporation and prepare a
post-closing trial balance
|
