Jun 14, 2024  
2021-2022 Catalog 
2021-2022 Catalog [ARCHIVED CATALOG]

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ACCT 113 - Introduction to Accounting I

5 credits

READ 090 , completion of or current enrollment in MATH 070  or instructor permission.

Theory and practice of double-entry bookkeeping and accounting for professional, service and business organizations. Coverage of both cash and accrual systems with preparation of worksheets, adjusting and closing entries, and financial statements.

Theory Hours
5 theory hours.

Vocational Program Course
Vocational program course.

AA General Elective
May be used as a general elective in the AA degree.

Course Outcomes
  • Memorize the basic accounting equation and it components
  • Explain the importance of business transactions and accounting measurement
  • Demonstrate the ability to record common business transactions
  • Explain and implement the steps in the accounting cycle and identify and use the typical elements in a manual accounting system
  • Execute and interpret basic financial reports

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