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Applied Accounting II (OST 1520)

Term: 2020 Fall Semester

Description

Prerequisites: OST1500 with a minimum grade of C.
Continuation of OST1500. Includes the following topics: accounting for sales and cash receipts, accounting for purchases and cash payments, accounting for merchandise inventory, the accounting cycle for merchandising business, accounting for bad debts, notes receivable and notes payable, long-term assets, and partnerships.