MSU Billings Course Descriptions

ACTG - Accounting (City College)

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ACTG 101 Accounting Procedures I

[formerly CTBU 108 Applied Accounting I]

3 cr.  (3 lec/wk) (F, Sp)

Introduces fundamental double-entry accounting concepts and terminology.  Emphasis on analyzing and recording business transactions and completing, adjusting, and closing entries for the accounting cycle of a service business.  Includes procedures for banking, cash funds, and calculating and recording payroll.

ACTG 102 Accounting Procedures II

[formerly CTBU 109 Applied Accounting II]

3 cr.  (3 lec/wk)  Prerequisite:  ACTG 101. (F, Sp)

Studies accounting for a merchandising concern through the use of special journals including adjusting and closing entries and financial statements.  Introduces accounting for notes payable and receivable as well as valuation for receivables, inventories, and plant assets.


ACTG 103 Accounting Procedures III

[formerly CTBU 201 Applied Accounting III]

3 cr.  (3 lec/wk)  Prerequisite:  ACTG 102. (F, Sp)

Introduces advanced accounting topics.  Includes voucher systems, accounting procedures for partnerships and corporations, statement of cash flows, analysis of financial statements, and an overview of departmental and manufacturing accounting.

ACTG 125 QuickBooks

[formerly CTBU 106 QuickBooks]

3 cr.  (3 lec/wk)  Prerequisite:  ACTG 101, ACTG 102.

Studies QuickBooks, an accounting system for small-business owners and bookkeepers.  Topics of this course include creating a company, setting up company lists, editing a preset chart of accounts, entering opening balances, entering sales and invoices, receiving payments and making deposits, handling expenses and bills, working with bank accounts, analyzing financial data, tracking and paying sales tax, managing inventory, and preparing payroll.


ACTG 180 Payroll Accounting

[formerly CTBU 103 Payroll Accounting]

3 cr.  (3 lec/wk)  Prerequisite:  ACTG 101. (F, Sp)

Introduces the various aspects of the Fair Labor Standards Act and other laws that affect payroll operations and employment practices.  Emphasizes the methods of computing wages and salaries, the methods of keeping records, and the preparation of government reports.  Includes a project requiring students to record all of the payroll information for a business.