ACC 222 — Intermediate Accounting II
Prerequisite: ACC 221 or consent of department Acquiring and disposing of property, plant, and equipment and the related cost allocation process involved in recognizing depreciation and depletion. Intangible assets will be analyzed. Liability recognition and measurement for both current and long-term liabilities will be reviewed. Debt restructure, bond amortization, and bond redemption will be included. Stockholders’ equity is analyzed as to contributed capital and retained earnings. The effect of dilutive securities and their impact on earnings-per-share of stock is also examined.