ACC 111 - Financial Accounting

Min Credits: 3

The course includes a study of the accounting cycle beginning with the business transaction and ending with the preparation of financial statements along with other period end procedures for both sole proprietors as well as corporations. Other topics include: receivables, inventory, depreciation, liabilities, investments, and stock. Transfer Assurance Guide (TAG) approved effective spring 2017 (OBU010 - Introduction to Financial Accounting).

Lecture: 3 Lab: 0