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 University of South Carolina-Salkehatchie.
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4 Credits, 4 Hours Students will be introduced to the field of financial accounting. Emphasis will be placed on learning Generally Accepted Accounting Principles (GAAP), which will allow students to record and present financial information in a meaningful way. In addition, to learning how to properly record a business transaction and prepare the financial statement according to GAAP, student will gain an understanding of how worksheets are prepared, prepare adjusting and closing entries, be introduced to special purpose journals, and the posting process, learn how to account for a merchandising business, learn the importance of internal controls and ethics, learn the proper accounting for short-term investments, notes and accounts receivable, learn various inventory costing methods and how to properly handle long-term assets (with particular emphasis on depreciation).
- Credits
- 4.00
View more information about Rockland Community College
- Location
- Suffern, New York
- Phone
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(845) 574-4000
Call Rockland Community College
Rockland Community College is regionally accredited by the Middle States Commission on Higher Education (MSCHE)
Rockland Community College is on a Semester calendar system
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User-oriented approach to the study of financial accounting and reporting topics related to business decisions. FS: 12/02/2015. CL: 2020.
- Credits
- 3.00
View more information about University of South Carolina-Salkehatchie
- Location
- Allendale, South Carolina
- Phone
-
(800) 922-5500
Call University of South Carolina-Salkehatchie
- Email
- CDBrown@mailbox.sc.edu
University of South Carolina-Salkehatchie is regionally accredited by the Southern Association of Colleges and Schools (SACS), Commission on Colleges
University of South Carolina-Salkehatchie is on a Semester calendar system
Minimum Grade
You need a minimum grade of C- to transfer these courses from Rockland Community College to University of South Carolina-Salkehatchie.
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