ACCT 6280 – M.S.A. Intermediate Accounting I
CO1. Determine when ownership of goods in transit changes hands and what circumstances require shipped
inventory to be kept on the books.
CO2. Apply the productive-output method to the depletion of natural resources.
CO3. Apply present value concepts to the accounting for long-term debts such as mortgages.
CO4. Explain the types of contractual provisions typically included in lease agreements.