This course introduces the accounting cycle for a service enterprise, followed by special journals and subsidiary ledgers. Accounting procedures for merchandising firms are examined, including inventory, cost of goods sold, bad debts adjustments, and depreciation. Major topics covered include banking procedures, payroll, voucher system and notes. In addition, students learn how to apply the principles in the accounting cycle to a current Windows-based accounting programme. Pre-requisite: MTH099 Basic Mathematics

• Teacher: Sandray Williams