ACCT 115 - Principles of Accounting I

4 credit (4 lecture, 0 lab) 4 contact hours [Minimum Reading test score of 82 on Compass or ENGL 051 and 36 on Compass Pre-Algebra test]*

This introduction to accounting fundamentals covers the meaning and purpose of accounting statements; the theory of debits and credits; accounts payable and receivable; the trial balance; adjusting and closing entries; and accounting for notes, deferred and accrued items. Approximately 10-12 hours per week of study time is required.
OFFERED: fall semesters