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Sep 07, 2024
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ARCHIVED 2023-24 Undergraduate Catalog [ARCHIVED CATALOG]
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ACC 103 - Financial Accounting (3) An introduction to accounting, the language of business, for service and merchandising corporations. Upon completion of this course, students will be able to:
- Understand and use the accounting equation;
- Prepare and understand basic financial statements;
- Complete all steps of the accounting cycle;
- Account for merchandising transactions; and
- Account for inventory, cash, receivables, plant assets & intangibles, current liabilities, payroll and corporate equity.
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