Mar 28, 2024  
Spring 2014 Course Catalog 
    
Spring 2014 Course Catalog [ARCHIVED CATALOG]

ACC 118 - Fundamental Accounting Principles

4 credits

Fundamental Accounting Principles is the foundation course in the preparation, communication, analysis and use of accounting information for making business decisions. In this course the student will learn how to maintain a basic set of account records, prepare financial statements and gain an understanding of merchandising operations accounting, accounts receivables, and in inventory, and plant asset accounting. Student mastery will be enhanced through the use of a large scale accounting practice set.

Class Hours: 5
Prerequisites:

Math placement test score of 55, or completion of course MATH 93 Prealgebra; AND Reading placement test core of 80, or completion of course READ 93 Foundations of College Reading.