Principles of Accounting I
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Overview
Subject area
ACC
Catalog Number
1101
Course Title
Principles of Accounting I
Description
The accounting cycle, including journalizing, posting, preparation of trial balance, worksheet, adjusting entries, financial statements, closing entries and preparation of a post-closing trial balance. Special journals, subsidiary ledgers and accounting principles. Special emphasis given to cash, accounts receivable, notes, inventories and plant assets, internal control. For all students in Business Department majors, a grade of "C" is required to progress into subsequent accounting courses.
Pre- or Corequisite
034928
Liberal Arts
No
Department(s)
Credits
Minimum
4
Max
4
Components
Name
Laboratory
Contact Hours
3
Name
Lecture
Contact Hours
3