ACCT 1100 FINANCIAL ACCOUNTING I
Introduces the basic financial accounting concepts of the complete accounting cycle and provides the student with the necessary skills to maintain a set of books for a sole proprietorship. Topics include: accounting vocabulary and concepts, the accounting cycle for a personal service business, the accounting cycle for a merchandising business, inventory, cash control and receivables. Laboratory work demonstrates theory presented in class.
Lecture Hours
45
Lab Hours
30
Prerequisite
Advisor Approval or Program admission
Corequisite
None