AC-161 Principles of Accounting I

This course emphasizes the nature and purpose of financial accounting as a means of recording, classifying, and interpreting accounting data. It includes the use of generally accepted accounting principles and procedures in recording transactions, the accounting cycle, the accrual basis of accounting, the preparation of classified financial statements, and internal control procedures as they relate to sole proprietorships. The accounting cycle is completed both manually and by computer.

Credits

3

Prerequisite

None