ACCT 2101 - Principles of Accounting I

Credits: 3 hours
Prerequisites: A grade of “C-” or better in MATH 1101 .
When Offered: Every fall

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.