ACCT 1100Accounting I

Catalog

Students learn the fundamental principles of accounting in this course, the first of three accounting courses covering principles of accounting. Students explore financial topics through real-world illustrations reflecting current business practices. Topics include the basic accounting cycle, recording transactions and posting to ledger accounts, adjusting and closing processes, inventory, internal control, and financial reporting. NOTE: Students should attempt to take ACCT 1100, ACCT 1110, and ACCT 1120 immediately after one another to facilitate understanding and learning. It is helpful to complete the math requirements early in the program of study. Basic arithmetic and reading skills are necessary.