Principles of Accounting I

Prerequisite: A grade of C- or better in any WCIL1 course of HON 1000 or a score of 630+ in SAT Evidence Based Reading & Writing or a score of 28+ in ACT English; and MATH 1105 or higher or a score of 510+ in SAT Mathematics or a score of 21+ in ACT Mathematics or an appropriate score on the placement test.

An introduction to fundamental accounting principles that include: the accounting cycle, records, classification of accounts, financial statements, accounting aids to internal control; current assets and liabilities; depreciation accounting; payroll accounting; accounting principles; and partnerships.

Credit: 3