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ACCT 120 01 DD - Principles of Accounting I

Principles of Accounting I (ACCT 120)

Term: 2024-2025 Fall

Faculty

Mr. Duane Paul Martenson

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Accounting Program Director

Office Hours

MWF 10:00-11:00

TH 10:30-11:30

Schedule

Mon-Wed-Fri, 11:00 AM - 12:07 PM (8/19/2024 - 12/13/2024) Location: MAIN W 246

Description

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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.