Principles of Accounting I

Course Number: 
Course Credits: 
Course Description: 
A foundational course for accounting program students and students planning to transfer to a four-year institution. The theory and practice of financial accounting are introduced and developed. Involves the measuring of business income and expenses, the accounting cycle, merchandising transactions, the relationship and preparation of the accounting statements. Includes emphasis on the accounting for current assets, property, plant and equipment. Satisfies specified elective requirement for the AA degree.
Course Prerequisites: 
Recommended Preparation: BTECH 102. Prerequisites: MATH 098 or placement in MATH& 107 or higher. Completion of ENGL 095 or placement in ENGL& 101 or instructor permiss ion.
Course Outcomes: 
  • Learn the basic accounting equation and it components
  • Explain the importance of business transactions and accounting measurement
  • Demonstrate the ability to record common business transactions
  • Understand the steps in the accounting cycle and identify and use the typical elements in a manual accounting system
  • Produce and interpret basic financial reports