2016-2017 Undergraduate Catalog

AGRI 03307 Farm Business Records

An application and examination of accounting principles applied to the issues and unique situations that occur in the agricultural industry. Double-entry accounting is emphasized. An accrual-adjusted system based on cash-basis accounting which is the most prevalent accounting system used in agricultural operations is utilized to provide more accurate information to measure profitability. Prerequisites: AGRI 03304 and ACCT 51201 or permission of instructor.