ACC - 121 Principles of Accounting I

(3 s.h.)

Prerequisite: ACC - 111 Introduction to Accounting or one year of high school accounting with a grade of B or higher.
Principles of Accounting I is a financial accounting course that introduces students to the steps of the accounting cycle and GAAP (generally accepted accounting principles). Students are also taught accounting for inventory, liabilities, stock transactions, and depreciation of fixed assets, as well as implementation of cash controls.

Lecture Hours: 45
Lab Hours: 0
Clinical Hours: 0
Work Experience Hours: 0

Equivalent to 15-150, ACCT-120.