BOOK 151 — Fundamental Accounting Concepts (3 Credits, Fall/Spring)
Introduction of fundamental double-entry accounting concepts and terminology. Emphasis on analyzing and recording business transactions and completing, adjusting, and closing entries for the accounting cycle of a business. Includes procedures for banking, cash funds, calculating and recording payroll, accrual accounting, and financial statements. PREREQ: Placement into FINA 109 . (3 lecture hours, 0 lab hours, 3 credits)