Faculty of
Business Administration

This course completes in more detail some of the topics that were studied in the financial accounting course (1). It first begins with a comprehensive review of the daily and settlement restrictions before starting to study the accounting treatment of operations carried out by commercial establishments, and then reviews many topics related to the accounting treatment of purchase and sale operations. The goods and how to calculate the cost of inventory and then move on to explaining the accounting treatment of customer accounts and notes receivable and how to calculate the provision of doubtful debts and ways to prove them in the books in addition to showing how to prepare a bank account settlement memorandum and finally the course concludes with the accounting treatment of operations related to fixed assets such as buying, selling and replacing It prepares the student to be well qualified to understand more in-depth and detailed topics in the intermediate accounting course (1)