First Year Description Hours Accounting 1,2,3 Elementary Accounting 12 Accounting 9 (or approved equivalent) Business Mathematics 5 Secretarial Training 21 Business Machines 2 19 Second Year Economics 50, 51 Elementary Statistics 6 Economics 1,2,3 Principles of Economics 9 Accounting 110 Managerial Accounting 4 19 Third Year Marketing 170 Principles of Marketing 5 Management 140 Principles of Organization and Management 5 Economics 170 or 171 Macro- or Micro-Economics 4 14 Fourth Year Management 160 Business Law 5 Economics 130 Business and Government Or or Banking and Finance 110 Money and Banking 5 Or or Economics 10 U. S. Economic History 10 Department of Accounting Associate Professor Clarence G. Wilson; Assistant Professors Talmage Y. DeLange, Head; Daniel Favero, Paul M. Hansen Accounting MajorIn addition to the general requirements for all students in the Division, requirements for a major in Accounting include Accounting 111, 112, 120, 121, plus 9-17 additional quarter hours in upper division accounting. Also required are an additional 6 quarter hours in upper division non-accounting courses offered by the Division of Business and Economics. Accounting MinorA baccalaureate degree student may obtain a minor in accounting by completing Accounting 1, 2, 3, 110, 111, and 112. A non-Business and Economics Division major, in addition, will present Economics 50 and 51. Courses of Instruction 1. Elementary AccountingFundamentals of debit and credit, statements, work sheets, cycle, journals and ledgers. A W S (4). DeLange, Favero, Hansen, Wilson 2. Elementary AccountingContinuation of Accounting 1. Accrued and deferred items, voucher systems, payrolls, partnerships. W S (4). DeLange, Favero, Hansen, Wilson 3. Elementary AccountingContinuation of Accounting 2. Corporation, department and branch accounting. Manufacturing and cost operations. S (4). DeLange, Favero, Hansen, Wilson 9. Business MathematicsShort-cut methods, fractions, decimals, interest, percentages, inventories, averages, with a review of simple algebra and logarithms. A W S (5). DeLange 110 Managerial AccountingDevelopment, analysis, and interpretation of accounting records and financial statements, with emphasis on the decision-making process, internal control, and budgets. Prerequisites: Accounting 3 and Economics 3. A W S (4). DeLange, Hansen 111. Intermediate AccountingCorporations, corrections of prior years' earnings, cash, receivables, inventories, investments, and fixed assets. Prerequisite: Accounting 110. W (4). DeLange, Hansen 112. Intermediate AccountingContinuation of Accounting 111. Liabilities, reserves, problems of reorganizations, income tax allocations, price levels and single entry. Prerequisite: Accounting 111. S (4). DeLange, Hansen 120. Advanced Accounting Special partnership problems, joint ventures, consignments, installment sales, insurance, and statement of affairs. Prerequisite: Accounting 112. A (4). DeLange, Hansen 121. Advanced AccountingContinuation of Accounting 120. Receiverships, realization and liquidation reports, estates and trusts, home office and branch, parent and subsidiary. Prerequisite: Accounting 120. W (4). DeLange, Hansen