Financial Accounting I ACCT 1100

Prerequisites: MATH 1011, MATH 1012, MATH 1101, MATH 1103, MATH 1111

4 Credits

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.

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