ACCT 105 — Principles of Financial Accounting I
; Attribute: BU This course is an introduction to accounting concepts and principles. Topics cover the accounting cycle, recording transactions, adjustments, the worksheet, financial statement preparation, and closing the accounts. Current assets, including cash, receivables, inventories, and methods of depreciation are covered. The emphasis is on the sole proprietorship form of business organization for both service and merchandising firms. Computer applications are integrated. higher, or departmental approval. Pre/ Computerized Business Applications; or departmental approval.