ACC 111 26 - Principles Accounting I

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Course Information

Principles Accounting I (ACC 111)

Term: 2018-2019 AY Spring

Schedule

Mon-Wed-Fri, 10:00 AM - 10:50 AM (1/9/2019 - 5/6/2019) Location: NMCC CHR 208-1

Description

This introductory course covers fundamental principles of accounting as related to service and merchandising sole proprietorships. Emphasis is on developing technical procedures of the accounting cycle including journalizing, posting, adjusting entries, closing books and preparing financial statements. The course exposes the specific areas of deferrals and accruals, inventory, payroll, receivables, payables, and accounting systems. Practical application will be through the use of a computerized homework system and projects. Prerequisite(s): None Corequisite(s): None