ACG 2021C - Principles of Financial Accounting Add to Catalog Portfolio ACG 2021C - Principles of Financial Accounting The course is designed to familiarize the student with the theory, logic and concepts used in financial accounting. Course content includes journalizing, posting, preparing a trial balance, adjustments, corrections and closing; preparation of the income statement, balance sheet, changes in owner’s equity and cash flow statement; current assets, inventory, long-term assets and liabilities; corporate capital structure, retained earnings and financial statement analysis. Emphasis is placed on comprehension of accounting principles and concepts in addition to the mastery of accounting skills. Terms all, Spring, Summer Classification: A.A. Transferable Hours: 4
Prerequisites: MTB1103, MAT1033, MGF1106, MGF1107, MAC1105, STA2023, MGF1130, MGF1131