May 05, 2025  
2025-2026 College Catalog 
    
2025-2026 College Catalog

ACCT 1200 - Principles of Accounting I

3 credit(s)
This course is designed to provide introductory knowledge of financial accounting principles, concepts, and practices. Included topics are the balance sheet, the income statement, the statement of equity, the statement of cash flows, journals, ledgers, accruals, adjusting and closing entries, internal controls, inventories, fixed and intangible assets, liabilities, equity, and financial statement analysis. This course provides a foundation for more advanced work in the fields of accounting and business.
Contact Hours: Class- 45 Practical Lab- 0 Clinical- 0 Internship- 0