ACC-1000 Fundamentals of Accounting

Credits 3
Preparation for ACC-2001 (formerly ACC-1010) for students lacking background in accounting. Enroll in Accounting 1000 directly or transfer from ACC-2001 during the first five weeks of a semester.

Note: Does not satisfy program concentration requirements in business related curicula; may not be taken for credit if credit has previously been received for ACC-2001 or higher.

(Not offered summer.)

Course Outcomes

Analyze the effect of the basic business transactions as it pertains to the accounting equation.
Construct journal entries for basic business transactions.
Construct financial statements from relevant information.
Interpret the impact on he financial statements.