ACCT 1100 – Financial Accounting I
Pre-requisite(s): Program Admission or Advisor Approval
NOTE: Students enrolled in this course are required to complete the WKET 1000 course during the same term .
Introduces the basic financial accounting concepts of the complete accounting cycle and provides the student with the necessary skills to maintain a set of books for a sole proprietorship. Topics include: accounting vocabulary and concepts, the accounting cycle for a personal service business, the accounting cycle for a merchandising business, inventory, cash control and receivables. Laboratory work demonstrates theory presented in class.