Oct 13, 2024  
Reynolds Community College Catalog 2021-2022 
    
Reynolds Community College Catalog 2021-2022 [ARCHIVED CATALOG]

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ACC 221 - Intermediate Accounting I

Credit Hours: 3
Covers accounting principles and theory, including a review of the accounting cycle and accounting for current assets, current liabilities, and investments. Also addresses wholesaler transactions and inventory, fixed assets, natural resources, and intangible assets. Introduces various accounting approaches and demonstrates the effect of these approaches on the financial statement users.

Lecture Hours: Lecture 3 hours per week.
Semester(s) Offered: Fall Only
Prerequisites: ACC 211  with a grade of “B” or higher.



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