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Nov 21, 2024
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Catalog 2015-2016 [ARCHIVED CATALOG]
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ACCT 111 Introduction to Accounting I5 credits This is an introductory course emphasizing double entry bookkeeping for a sole proprietor. Students learn how to record business transactions, detect and correct errors, and prepare financial statements. A practice set provides the opportunity to maintain records for a business.
Prerequisites: ENGL 093 (or equivalent placement score for ENGL 099 or higher) and ABED 040 (or equivalent placement score for MATH 087 or higher) Quarters Offered: All
Student Outcomes/Competencies: Upon successful completion of this course students will be able to:
- Demonstrate mastery in the language of accounting
- Properly record business transactions for a sole proprietor
- Prepare financial statements
- Compile data for worksheets, adjusting, and closing.
- Complete a practice set applying accounting principles learned
- Participate in an accounting team to record financial transactions and report results of analysis
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