ACC 101 - Principles of Accounting

Institution:

Carl Sandburg College

Subject:

Description:

This is the first of a two-course sequence designed to prepare students for a major in accounting. This course presents the following topics: concept of double-entry accounting, completing the accounting cycle, preparing financial statements, accounting for cash and charge transactions, accruals and deferrals, depreciation of physical assets, allowing for doubtful accounts, accounting for receivables and payables, inventories, payroll accounting, systems and controls, and concepts and principles. Offered: Fall, Spring, Summer Prerequisites: (1) A "C" or better in ENG 096 or a COMPASS reading score of 83 or higher; (2) A "C" or better in MAT 090 or a COMPASS pre-algebra score of 47 or higher (BOC 100 placement). Concurrent enrollment in ACC 111 is required for all certificate and AAS Accounting majors and is highly recommended for all other students enrolled in ACC 101. Applicable toward graduation where program structure permits: Degree or Certificate - AA, AS, AAS, AGE, All Certificates General Education - Not Applicable, Elective Only

Credits:

3.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.sandburg.edu

Phone Number:

(309) 344-2518

Regional Accreditation:

North Central Association of Colleges and Schools

Calendar System:

Semester

The Course Profile information is provided and updated by third parties including the respective institutions. While the institutions are able to update their information at any time, the information is not independently validated, and no party associated with this website can accept responsibility for its accuracy.