Fundamentals of accounting as applied to actual business situations. Introduction to the accounting cycle for service and merchandising firms controlling to purchases and sales with business papers, special journals, and subsidiary ledgers. (Previously BA 251.) 8002 DII 5 MALONE, C ARR ARR This course is conducted primarily through the Internet. Students may also be required to make occasional visits to campus. There is a $34.55 fee. WebCT Orientations are available for students who have not previously taken an online class at CBC. In additiion, instructor orientation: Tuesday, 4/7/09, 5:00 p.m., room S336.

This course studies the double-entry accounting system, including: the accounting cycle, books of original entry, preparation of journal entries, worksheets, the trial balance, and statements of financial position and income. Emphasis is on the proper recording and reporting of assets, liabilities, equity, revenue, and expenses.