1.
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Describe business accounting as it applies to profit-seeking
enterprises. (I)
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2.
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Perform the journalizing and posting process. (II)
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3.
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Prepare the trial balance, the income statement, anfd the balance
sheet. (II)
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4.
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Explain and prepare the closing journal entries. (III)
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5.
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Describe "internal control" as it relates to the handling of cash.
(IV)
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6.
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Maintain a record of receipts and payments of cash. (IV)
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7.
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Maintain accurate checking and petty cash records. (IV)
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8.
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Prepare a bank reconciliation. (V)
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9.
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Prepare and maintain individual payroll records. (VI)
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10.
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Prepare a payroll register. (VI)
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11.
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Calculate withholding and other taxes applied to payroll. (VI)
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12.
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Calculate and journalize employer payroll taxes and tax payments.
(VII)
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13.
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Describe and demonstrate the accounting procedures for a service
enterprise on the cash basis. (VIII)
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14.
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List and describe the parts of the accounting cycle. (IX)
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15.
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Record purchases and sales of a merchandising operation. (X)
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16.
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Explain and prepare adjusting journal entries. (XI)
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17.
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Apply accrual accounting and the record-keeping phases of the
accounting cycle to a small retail business. (XI)
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18.
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Apply end-of-period procedures for a merchandising enterprise. (XI)
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