Introduction to financial accounting as an information system, double-entry, business income, accounting cycle, assets, liabilities, capital, and retained earnings. Prerequisite: second semester freshman standing. Technological prerequisite: Basic knowledge of Windows operating systems and the Microsoft Office suite. (F, Sp, SS)

This course provides a thorough study of basic accounting principles. The accounting cycle is introduced using an appropriate mix of conceptual and procedural problems. A real-world problem using computer applications is also covered. This is a basic course, which aids in building a foundation for financial analysis and decision-making. (Fall, Spring, Summer) [Graded (Standard Letter)] Registration Restriction(s): Intensive English Program majors may not enroll