Description
ACTG 201 Financial Accounting
3 Credits
This course is designed for students in Business Management and Accounting. Students receive a through introduction to fundamental accounting concepts and principles. Course content includes introduction to accounting; analyzing transactions; double-entry framework; journalizing and posting; adjusting entries; financial statements and the closing process; cash, payroll accounting, sales and receipts; purchases and cash payments;
special journals; merchandise inventory; adjustments and the worksheet; and yearend financial statements.
Offered fall semester.