ACCT 161 — Principles of Accounting I
This course begins by discussing the accounting cycle of a service business and continues with topics concerning merchandising operations. Students will learn to record journal entries, post transactions to a ledger, prepare various financial statements, and close accounts. This course details various transactions related to assets, such as inventory management, cash handling, accounts receivable, sale of assets, intangible assets, and depreciation. It is highly recommended that students enrolling in this course have taken high school algebra. Code 3 course fee.
Part of
- Paralegal Studies, Certificate of Proficiency
- Accounting, Certificate of Proficiency
- Accounting Concentration
- Business, Associate in Applied Science
- Business Administration Concentration
- Business Administration, Associate in Science
- Business Analytics Concentration
- Business Studies, Certificate of Completion
- Advanced Accounting, Certificate of Proficiency
- Finance Concentration
- Financial Market Analysis, Certificate of Completion
- Health Administration Concentration
- Management Concentration
- Marketing Concentration
- Small Business Management, Certificate of Proficiency
- Sports Management Concentration
- Supply Chain Management Concentration
- Computer Science/Information Technology, Associate in Applied Science