ACCT 115 - Principles of Accounting I

4 credit (4 lecture, 0 lab) 4 contact hours [Reading Level 3 and Math Level 2 ]*

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 for success in this course.
OFFERED: fall semesters