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ACC 221 — Intermediate Accounting I. (3 Credits)

Covers accounting principles and theory, including a review of the accounting cycle and accounting for current assets, current liabilities and investments. Introduces various accounting approaches and demonstrates the effect of these approaches on the financial statement users. Lecture 3 hours per week. Total 3 hours per week. Prerequisite: ACC 212 or divisional approval.

Prerequisites: ACC 212

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