Aug 15, 2022  
College Catalog 2022-2023 
  
College Catalog 2022-2023
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ACC 111 - Principles of Accounting I


Credit(s): 3
This course explores the basic statements of an accounting system: the Balance Sheet, the Income Statement, and the Statement of Retained Earnings.  Students will examine the accounting cycle with an emphasis on the methods of accumulating and summarizing data generated by business transactions.  Students will apply their manual accounting skills to an automated accounting system using a learning management system.  Areas of concentration will include: adjusting entries, closing process, inventory analysis, merchandising transactions, cash control procedures, and receivables.

Prerequisite(s): Eligibility for MTH 013  or MTH 085  


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