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ACC 222(3-0-3) Intermediate Accounting I Intensive consideration is given to financial accounting theory and the current application of generally accepted accounting principles. A significant amount of time is devoted to financial statement preparation and presentation. Emphasis is placed on the balance sheet. Each of the principal asset accounts shown on the face of the balance sheet is studied in detail. The accounting cycle, measurement of income, acquisition and disposal of assets, and the time value of money are some of the specific topics covered. PR: ACC 122 F |