General Accounting

ACCO 101
4 CR

Students will learn about financial accounting procedures with emphasis on the accounting cycle. Apply internal controls to an accounting system, account for cash, accounts receivable, bad debts, inventories, long lived assets, current liabilities and payroll. Generally Accepted Accounting Principles (GAAP) will be applied. Lab Fee

Prerequisites: ACCUPLACER reading score of 60, or a "C" in TSRE 55