ACCT 1100 - Financial Accounting I



4 Credits

4.00 Credits

Pre-requisite(s): Program Admission or Advisor Approval

NOTE: Students enrolled in this course are required to complete the entry level occupational work ethics 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.