Common Contracts

Curriculum Articulation Agreement For

February 14th, 2019

• Filed
  February 14th, 2019

Competencies Comments 1. The Recording Process Prepare a trial balance and explain itspurposes. 2. Adjusting the Accounts Describe the nature and purpose of an adjusted trial balance. Define debits andcredits and explain double-entry accounting. 3. Completing the Accounting Cycle State the required steps in the accounting cycle. 4. Accounting for Merchandising Operations Explain the recording of purchases under a perpetual inventory system. 5. Accounting Information Systems Identify the basic concepts of an accountinginformation system. 6. Fraud, Internal Control, and Cash & Financial Statements Explain the reporting of cash. Prepare financial statements from an adjusted trialbalance. 7. Accounting for Receivables & Closing Entries Explain the statement presentation andanalysis of receivables. Describe and prepare closing entries.