Honors Accounting 2

BCIT

Curriculum

Course Title: Honors Accounting 2

Department: BCIT

Units of Study:

• Recording Departmental Purchases and Cash Payments

• Recording Departmental Sales and Cash Receipts

• Calculating and Recording Departmental Payroll Data

• Financial Reporting for a Departmentalized Business

• Inventory Planning and Valuation

• Accounting for Uncollectible Accounts

• Accounting for Plant Assets

• Notes Payable, Prepaid Expenses, and Accrued Expenses

• Unearned Revenue, Accrued Revenue and Installment Notes Receivable

• Organizing a Corporation

• Corporate Dividends and Treasury Stock

• Accounting for Bonds

• Simulation for Accounting

Curriculum-Based Assessments:

Standardized Assessments:

Description of Course:

This course provides a review of Accounting 1 principles and introduces partnership and corporate accounting. Specialized topics include departmentalized accounting, inventory planning and valuation, accounting for plant assets, notes payable and receivable, acquiring capital and corporate financial analysis. Google Sheets are utilized for worksheets and journalizing. This course provides a solid foundation for any college business major.