Equivalency Details

The information presented is an unofficial guide to how courses may transfer. Other factors to consider are grades received in the courses, the year in which the course was taken, and the major pursued after transfer. In all instances, final decisions about acceptance of course credit will be made by Wilmington University.

If you complete the following at Northern Maine Community College:

  • 4 class hours This introductory course covers fundamental principles of accounting as related to service and merchandising sole proprietorships. Emphasis is on developing technical procedures of the accounting cycle including journalizing, posting, adjusting entries, closing books and preparing financial statements. Exposes the specific areas of deferrals and accruals, inventories, payroll, receivables, payables and accounting systems. Practical application will be through the use of sets and projects.
    Credits
    4.00

You may receive up to 4.00 credits at Wilmington University:

  • 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.
    Credits
    3.00
  • A description for this course has not been provided
    Credits
    1.00

Additional Information

Notes

Credits awarded for incoming transfer courses will be determined when an official transfer evaluation is completed upon the receipt of official transcripts. Credits taken on a quarter system are adjusted for semester credit hour conversion. Total number of transfer credits awarded is dependent on the Wilmington University program of study and up to the 90 credit maximum.

Minimum Grade

You need a minimum grade of D- to transfer these courses from Northern Maine Community College to Wilmington University.
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