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Aug 16, 2024
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ACC 200 Principles of Accounting I-Financial (3 credits)Hours: 3 classroom + 0 lab/studio Prerequisite(s): Sophomore standing; completion of one college level mathematics course; completion of computer competence requirement as determined by student’s major, or completion of BIS 101 or INF 101. Co-requisite(s): ACC 200L . Measurement of business transactions through the accounting cycle and communication of results to external parties through the preparation of the income statement, statement of shareholders’ equity, balance sheet, and the statement of cash flows. Financial statement analysis as well as GAAP based measurement (valuation) of cash, receivables, inventory, long-term assets, current and long-term liabilities, stockholders’ equity. Repeatable: No ♦
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