May 25, 2025  
2024-2025 Undergraduate Catalog 
    
2024-2025 Undergraduate Catalog

ACCT 2101 - Principles of Accounting I

3 hours
Prerequisites: A grade of “C-” or better in MATH 1101  . 
An introduction to the fundamental principles and practices of financial accounting. Beginning with the accounting cycle, particular emphasis is given to the preparation of financial statements, plant and intangible assets, depreciation, merchandise inventory evaluations, payrolls, and concluding with the formation and operation of partnerships.