ACCOUNTING 1 (10101111)
Introduces accounting concepts and financial statements for sole proprietorships. Learners analyze and record routine transactions, adjusting entries, and closing entries. Learners prepare the Income Statement, Statement of Owner's Equity, and the Balance Sheet from the financial records they create for service and merchandising businesses. Covers accounting for sales, inventory, cash, and receivables.
Pre/Corequisite: 10-804-123 MATH WITH BUSINESS APPLICATIONS or 10-804-107 COLLEGE MATH.
- CLEP® Financial Accounting