Principles of Financial Accounting I

Catalog description

An introduction to financial accounting designed to give the student basic accounting tools for business and decision-making. Emphasis is on the corporate form of business organization and includes the analysis and recording of transactions for a merchandising operation. Covers basic accounting for assets, liabilities, and stockholders’ equity, income determination, and the preparation of periodic financial statements. Emphasis is also placed on the analysis and use of financial statements. Either ACCT 2101 OR ACCT 2103 may be used to fulfill degree plan requirements, but not both. Pre-requisite(s): None Concurrency: None Co-requisite(s): None