Central Arizona College
8470 N. Overfield Road
Coolidge, AZ 85228
Phone: (520) 494-5444
AGB123 Agriculture Accounting
Catalog
Description:
Agriculture accounting principles and practices.
Credit Hours:
3
Effective Term:
Fall 2009
Terms Offered:
Fall and Spring
Teaching Methods:
Lecture
Modalities:
Face to Face Hybrid ITV Online
Prerequisite(s):
None
Corequisite(s):
None
Times for Credit:
1
Grading Option:
A/F
Credit Breakdown:
3 Lectures
Cross Listed:
None
Learning
Outcomes:
1. Identify the purpose and need for agricultural financial
records.
2. Classify agricultural business accounts.
3. Explain accounting principles and rules.
4. Calculate inventory values, cost of feed, and cost of
livestock sold.
5. Set up a computerized agricultural accounting system.
6. Enter financial activity into a computerized accounting
system.
7. Calculate financial ratios.
8. Develop an enterprise analysis system.
Standards:
1. Describe the benefits of agriculture accounting.
2. Categorize agricultural accounts as assets, liabilities,
equity, income, cost of goods sold, and expenses.
3. Demonstrate an understanding of the basic double-
entry
accounting rules through the use of T accounts.
4. Solve feed and cost and net income derived from
livestock problems.
5. Configure Quickbooks for and generalize agriculture
business.
6. Illustrate the ability to classify, enter, and reconcile
financial transactions.
