ACC121 — Principles of Accounting I
Previous accounting knowledge is not required. The course covers the entire accounting cycle from analysis of transactions, journalizing, posting, worksheets, preparation of financial statements, closing entries, post-closing trail balance and reversing entries. Also introduced are the accounting principles as applied in the United States (GAAP). Emphasis is placed on practical applications of accounting procedures as well as conceptual comprehension of accounting principles used in both service- and product-related businesses. Led by faculty, lab hours are used to reinforce topics covered in lecture. Students also participate in group work and complete projects.
Prerequisites: MAT-071, MAT-073, MAT-100
Part of
- Accounting A.S.
- Accounting, Certificate
- Accounting - Fully Online A.S.
- Accounting Fully Online Certificate
- Business Administration A.S.
- Business Administration-Cannabis Studies Opt Fully Online As
- Business Administration - Cannabis Studies Option, AS
- Business Administration - Fully Online A.S.
- Culinary Business Innovation, Certificate
- Business (Liberal Arts) A.A.
- Business (Liberal Arts) Fully Online A.A.
- Cannabis Business Management, Certificate
- Cannabis Business Management Fully Online Certificate
- Early Childhood Education (Liberal Arts) Fully Online A.A.
- Hospitality Management A.A.S.
- Hospitality Management (Entrepreneurship) A.A.S.
- Hospitality Management (Hotel Restaurant Management) A.A.S
- Hospitality Management (Travel and Tourism) A.A.S.
- Technical Studies A.A.S.