Transfers ToCSUDescription54 hours lecture per term. This course teaches basic accounting as required for a small business. A semester-long practice case gives students the opportunity to input routine transactions and prepares monthly financials for a small business. Topics covered are sales, receivables, uncollectible accounts, payables, inventory, payroll, general ledger, depreciation, cash management, monthly bank reconciliations and financial statement reporting. Students learn how to compute payroll, prepare payroll checks and prepare federal and state payroll reports. Different forms of businesses are reviewed, with emphasis on bookkeeping for a sole proprietorship. (Degree Credit) (CSU)Usually HeldMon Wed 8:35am–10:00am 