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2022-2023 Catalog

AC 161 Principles of Accounting I

This course emphasizes the meaning and purpose of financial accounting as a means of recording, classifying and interpreting accounting data. It includes the use of generally accepted accounting principles and procedures in recording transactions, the accounting cycle, the accrual basis of accounting, the preparation of classified financial statements and internal control procedures as they relate to sole proprietorships. The accounting cycle is completed both manually and by computer.

Credits

3

Prerequisite

ENG 107; or permission of instructor.

Corequisite

concurrent enrollment in ENG 107

Distribution

Letter Grade