Honors Accounting 2
Emphasis will be on the responsibility that businesses have to keep control of earnings, manage input and outflow of monies, plus evaluate spending and investments. This is accomplished by reviewing accounting 1 principles and introducing partnership and corporate accounting procedures. Students will learn accounting methods to value inventory, record uncollectible accounts, buy and dispose of plant assets, address notes, bonds and expenses, record unearned and accrued revenue, and report corporate activities.Accounting 2 is also a Dual Enrollment course where students may earn three undergraduate credits from Gwynedd Mercy University. These credits are transferable to other universities. The cost is $400 which is forwarded to Gwynedd Mercy University.