Principles of Accounting I (ACCT 120)
Term: 2021-2022 Fall
Accounting Program Director
Office Hours
MWF 10:00-11:00
TH 11:00-12:00
Mon-Wed-Fri, 11:00 AM - 12:07 PM (8/23/2021 - 12/17/2021) Location: MAIN W 246
This course is an introduction to fundamental accounting concepts. It focuses on understanding the steps in the accounting cycle, i.e., recording transactions, posting, preparing a trial balance, preparing the work sheet, financial statements, and the adjusting and closing process. Additionally, it includes the study of current and non-current assets, current and long-term liabilities, payroll accounting, and partnership accounting.