Principles of Accounting I

ACC101 (Not Liberal Arts) Principles of Accounting I 4 (2 hours lecture, 2 hours recitation) hrs. 3 crs. Fundamental accounting theory and practice; entry and posting of typical transactions: trial balances and work sheets; cash receivables; inventory; current liabilities; income statements; balance sheets; and introduction to financial analysis concepts. Coreq: Completion of Required Core: Mathematical and Quantitative Reasoning requirement.