ACC 125: Principles of Accounting II

Credits 3 Class Hours3 lecture

This course continues the study of financial accounting procedures. Areas include: long-term assets, long-term liabilities, accounting for corporations and/or partnerships. The statement of cash flows and financial statement analysis may be covered.


“C” or higher in ACC 124.

Semester Offered Fall, Spring
Course Student Learning Outcomes (CSLOs)
  1. Determine and explain the value of assets, liabilities, and owner's equity according to generally accepted accounting principles.
  2. Prepare financial statements for a merchandising business.
  3. Apply appropriate accounting principles to various forms of ownership.
  4. Apply financial accounting procedures with an emphasis on long-term assets, long-term liabilities, and equity to include corporations and/or partnerships.