ACC111 Accounting I with Computer Applications
Introduction to the accounting cycle: recording transactions, posting to ledgers, preparing work sheets and financial statements. Includes: special journals, inventory valuation, receivables, payables and interest on notes. A hands-on introduction to computerized accounting solving selected problems using general ledger software including QuickBooks. This is the first course of a two-course series (ACC111 and ACC112) intended for A.S. Business Administration concentrations covering the topics of Financial Accounting.
Prerequisite: (MAT020 or MAT025) and ENL108 or satisfactory basic skills assessment scores
Offered: Fall, Spring
ACC201 Financial Accounting
Students learn principles of financial accounting with emphasis on service and merchandising businesses. Topics include: the accounting cycle, recording transactions, adjusting accounts and preparing financial statements, inventory valuation, depreciation methods, disposal of assets, receivables, liabilities, investments, and interpreting financial statements of proprietorships, partnerships and corporations. This is a transfer level course in Financial Accounting intended for the Associate in Arts student.
Prerequisite: (BUS100 or HRM140) and GIT110 and (MAT030 or MAT035) and ENL108 or satisfactory basic skills assessment scores
Offered: Fall, Spring, Summer
Students planning on transfer should take either ACC111 and ACC112 or ACC201.