ACCT& 201 Principles of Accounting I

5 CR

Starting Winter Quarter 2025 - Introduction to the theory and principles of the accounting cycle and accounting concepts of a corporation. Includes general journal transactions, posting transactions to the ledgers, adjusting and closing entries, inventory valuation methods, and the process of preparing and interpreting financial statements.  
Prerequisite(s): Placement into MATH 099  or completion of MATH 098  with a C or higher.