ACC 1101: PRINCIPLES OR ELEMENTS OF ACCOUNTING
This course covers the fundamental concepts of the accounting cycle, including journalizing, posting, and preparing trial balances, worksheets, adjusting entries, and financial statements. It also includes closing entries and post-closing trial balances. Students explore the use of special journals, subsidiary ledgers, and key accounting principles, with a focus on topics such as cash management, accounts receivable, notes, inventory, plant assets, and internal controls.
