ACC 205 Accounts Payable/Receivable
(Contact Hours: 3) This course provides understanding of payables and receivables management which support optimal cash flow and profitability. The use of receivables as a source of cash through factoring, assignment, and transfer will be presented along with required journal entries. The cash flow statement will be analyzed, and options to enhance cash flow will be examined. Recommended prerequisite: ACC 101 and BUS 103. Minimum benchmarks will be enforced.