ACC-101 - Accounting 1

4 credits

An introductory course designed to present to the student the concepts and principles of financial accounting. The fundamental techniques of the basic accounting system and the accounting cycle for service and merchandise concerns are examined. Additionally, topics such as specialized journals, cash controls, Sarbanes-Oxley Act, accounts and notes receivable, inventory, property, plant and equipment are discussed.

Prerequisite(s): DRG-092 or DWT 099 (minimum grade of C-) and MAT 073 or MAT 074 or higher level on placement tests.

Course previously known as: ACCT-110