ACCT 224 - Financial Applications

Credits 3
Models intended to provide a simulation of selected projects or responsibilities that an accounting staff may experience in the workplace. Models may include such subjects as preparing a payroll; calculating and adjusting entries; entering invoices; paying invoices; preparing a budget proposal; collecting past due accounts; preparing tax reports for state; and other varieties of projects.
Prerequisite(s): Placement into ACCT 224 or completion of ACCT& 201 with a 2.0 or higher.
Course Outcomes

Use computerized general ledger software to enter purchases, sales, various transactions and payroll to record a variety of transactions including adjusting, closing and reversing entries. 99% accuracy required.
Prepare financial statements and other applicable accounting reports.
Download general ledger data to Excel and Word to prepare reports.