This course concentrates on accounting for merchandise operations, proprietorships, partnerships, negotiable instruments, specialized books of original entry, and the voucher system, including emphasis on the financial aspects of accounting. (3 lecture and 1 laboratory hours per week). [ CB5203015104]

Accounting concepts and their application in transaction analysis and financial statement preparation; analysis of financial statements; and asset and equity accounting in proprietorships, partnerships, and corporations. Prerequisite: Pass TSI Arithmetic with score of 55 or MATH 0302, and TSI Reading with a score of 78 or RDNG 0363 with grade of C or achieving an 11th grade level on the Nelson Denny test.