AC 111 - Principles of Accounting I

Institution:

Bramson ORT College (Closed)

Subject:

Description:

This course provides the student with an understanding of the fundamental principles, methods, procedures of accounting and the accounting cycle. Topics will include: general and subsidiary ledgers, preparation of nancial statements, reports and analysis of data of the general ledger, accounts receivable/payable, inventory, payroll, accounting for merchandise transactions and asset management. Journalizing, posting, preparing a trial balance and worksheet, adjusting and closing entries, and preparing a postclosing trial balance are also discussed.

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.facebook.com/BramsonORTCollege/

Phone Number:

(718) 261-5800

Calendar System:

Semester

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