CREDITS: 6.00 Introduces the basic concepts of the complete accounting cycle and provides the student with the necessary skills to maintain a set of books for a sole proprietorship. Topics include: accouting vocabulary and concepts, the accouting cycle and accounting for a personal service business, the accounting cycle and acciunting for merchandising enterprise, and cash control. Laboratory work demonstrates theory presented in class.

An introduction to financial accounting concepts and their application in the accounting process for business organizations. Includes financial statement preparation and analysis and communication of financial information. No previous knowledge of accounting required. Lab fee $2.