Mar 28, 2025  
2025-2026 Catalog 
  
2025-2026 Catalog

ACCT 1005 - Practical Accounting I

Credits: 3

This is a basic course in accounting focusing on the accounting cycle and financial statements. Students will learn to use double-entry accounting procedures in a scenario of a service business as a sole proprietorship. Specific areas covered include analyzing transactions and financial statements, using the general journal and general ledger, adjustments, worksheets, closing entries, special journals, and payroll.