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.

A conceptual course designed to provide the student with a basic understanding of fi nancial and managerial accounting and the business environment. Emphasis will be on the communication of results of business operations to users of fi nancial information and the interpretation of those results. F, S, Su