ACCT 110 - Practical Financial Accounting 1

Credits: 5
Elementary course covering the complete accounting cycle for service and merchandising businesses, as well as the basic functions of analyzing, classifying, recording, and summarizing accounting data. Topics may include journals, ledgers, worksheets, adjusting entries and financial statement preparation, receivables, payables and banking procedures. Includes a computerized general ledger application.

Prerequisite: Eligible for READ 104 or instructor’s permission.