ACCT 110 - Introduction to Financial Accounting

Credits 5
Practical accounting is taught with a vocational emphasis on analyzing, classifying, recording, summarizing and interpreting business transactions.
Course Outcomes

Identify a group of basic business transactions and prepare the related journal entries.
Construct an income statement, statement of owner’s equity, and a balance sheet.
Post transactions to the general ledger and special ledgers.
Create a bank reconciliation, petty cash fund and change fund.