ACC 121 - Principles of Accounting I

Credit(s) 3.00
Lecture Hours: 3.00
An introduction to accounting terminology and concepts, and accepted accounting practices of analyzing, recording, summarizing, presenting, and interpreting business financial transactions of sole proprietorships and partnerships. Significant emphasis is placed upon practice and application.

SLOs:
Upon successful completion of this course students will be able to:

Analyze and record business transactions.
Prepare the balance sheets, income statements, and capital statements.
Interpret the information presented in the financial statements.
Communicate effectively using accounting terminology.