Principles of Accounting I

Introduces basic accounting principles and practices, including the accounting cycle, use of the general and special journals, general ledgers, financial statements, banking transactions, payroll accounting, and adjusting and closing entries for merchandise inventory.

Prereq: ENG 19 with grade C or better or placement at least ENG 22 or 55, and MATH 1 or 18 either with grade C or better or placement at least MATH 22 or 82; or consent.

3 credit, 3 hour lecture