R. Birney ver. This course is an introduction to accounting concepts and principles. Topics cover the accounting cycle including recording transactions, adjustments, the worksheet, financial statement preparation and closing the accounts. Accounting systems and methods to include assets, liabilities and owners equity and revenues and expenses are covered in depth.
Emphasis is on the corporate form of business organization for both service and merchandise firms.
Computer application for quizzes and selected assignments will be integrated. Audio-visual materials such as chalkboard, overhead transparencies and computer aided instruction will be used. Assignments for each class meeting are detailed in a separate schedule below. Quizzes as detailed in the schedule accompanying this syllabus will be completed outside of class and turned in on an Evaluation Report as scheduled. Chapters Study-Prepare Assignments 1.