Accounting II is a recommended subject for all students who have satisfactorily completed Accounting I. This course is designed to give the students a brief review of Accounting I concepts and procedures. These concepts include the accounting cycle for a merchandising business, preparation of a payroll, money and banking applications and financial statements. After a review of concepts learned in Accounting I this course will concentrate on (1) the preparation of Federal and State income tax forms, (2) analyzing corporate annual reports, (3) utilizing the computer for weekly corporate news reports and preparation of summary analysis, (4) analyzing problems involving partnership and departmental accounting applications, and (5) analyzing problems using automated accounting software.