ACC 121 Accounting Principles I

4 Credit hours    60 Contact hours

Introduces the study of accounting principles for understanding the theory and logic that underlie procedures and practices. Major topics include the accounting cycle for service and merchandising companies, special journals, subsidiary ledgers, internal control principles and practices, notes and interest, inventory systems, costing, plant assets, intangible asset accounting, depreciation methods, and practices.

Prerequisite

Successful completion of CCR 092 (grade C or higher) or equivalent assessment scores and successful completion of level MAT 120 or higher (grade C or higher) or qualifying assessment scores (Accuplacer EA 60+, ACT Math 19+, SAT MAT 500+). *Note: MAT 121 is necessary for students in some degrees including the AA Business and AA Economics programs. These students should not take MAT 120. Please see an academic advisor if you have any questions.* **Certificate seeking students who do not meet one of these, please contact the Department Chair.