Principles of Accounting I

Course Description

This course introduces students to the accounting cycle. The course reviews the fundamental concepts and techniques of recording transactions in journals, summarizing the transactions, using adjusting and closing procedures, and preparing financial statements and reports. It also introduces the student to valuation accounting relating to inventory and fixed assets, internal control concepts with an emphasis on cash control, procedures for notes payable and receivable, and payroll accounting.

Textbook: Principles of Accounting 1, 11th edition

Author: Weygandt, Kieso & Kimmel

Publisher: John Wiley & Sons