ACTG 201 - Principles of Financial Accounting

Credit(s): 4

An introduction to the theory and application of accounting, this course covers double entry accounting, the accounting cycle, merchandising operations, control accounts and subsidiary ledgers, internal control, cash, short-term investments, accounts receivable, merchandise inventory, plant assets, current liabilities, long-term liabilities, payroll, financial statement disclosures and partnership accounting. (Fall and Spring Semesters)