ACC-2010 - Principles of Accounting I* (3)

Prerequisite: Take MTH-0992 or higher; and Reading Placement; or RDG-0800; or take one of the following: IRW-0900A ; IRW-0900B ; IRW-0900C
Basic Accounting principles are applied to the single proprietorship with emphasis on the logic of the accounting cycle. Topics include journals, ledgers, receivables, payables, inventory valuation, deferrals, accruals, internal control, plant assets, and the preparation of financial statements.