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ACNT 1303 - INTRODUCTION TO ACCOUNTING I

A study of analyzing, classifying, and recording business transactions in a manual and computerized environment. Emphasis on understanding the complete accounting cycle and preparing financial statements, bank reconciliations and payroll. 32 lecture hours + 32 laboratory hours

Upon completion, students will be able to:

  • Define accounting terminology
  • Analyze and record business transactions in a manual and computerized environment
  • Complete the accounting cycle
  • Prepare financial statements
  • Apply accounting concepts related to cash and payroll
  • Prepare bank reconciliations
  • Correct accounting errors

Grade Basis: L
Credit Hours: 3