Covers the accounting cycles for merchandising and service-oriented business organizations. Primary emphasis is on generally accepted accounting principles applicable to measuring assets, liabilities, capital, revenues, expenses, and drawing. The owner's equity section is demonstrated by using either the sole proprietorship or corporation business entity. Students journalize and post transactions and prepare financial statements. 08/19/2024-12/18/2024 Cvn Monday, Wednesday 09:30AM - 10:45AM, Math Complex, Room 110