ACC-110

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Principles of Accounting I

Accounting Undergraduate Humanities, Business, & Social Sciences

Subject code

ACC

Course Number

110

Credits

Course Long Title

Principles of Accounting I

Academic Level

Undergraduate

Description

This course introduces accrual accounting theory and practice. It emphasizes the accounting cycle, merchandising accounting, income measurement, valuation of assets, internal controls, accounting for current and fixed assets, accounting for current and long term liabilities, accounting for sole proprietorships, partnerships, and corporate business forms, and financial statement presentation and interpretation. It includes instruction in electronic spreadsheet applications. 3/0/0