May 15, 2026  
2026 University Catalog Summer Version 
    
2026 University Catalog Summer Version
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ACC 361 - Intermediate Accounting I

3 credits
BUS 361  

Financial accounting and its basic theory.  Analysis and preparation of financial statements, statements of income and retained earnings, balance sheet and statement of cash flows.  Accounting treatment of current assets, valuation of inventories, accounting for property, plant and equipment, and depreciation.
When Offered: Fall

Prerequisite(s): BUS 150  
Co-requisite(s): None



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