4116 Principles of Accounting (1)

Course Description

The aim of this course is to provide the students with the basic idea of accounting, which consist of scope and purpose of accounting: its branches: purpose of business entity; principles and assumptions of financial accounting.  This course also covers financial statement adjusting and closingand finally the preparation of the worksheet and accounting for a merchandise business.

Learning Objective

  • To provide the students with the basic idea of accounting, which consist of scope and purpose of accounting: its branches.
  • To make students understand the purpose of business entity; principles and assumptions of financial accounting.
  • To make students understand the financial statement adjusting and closing and finally the preparation of the worksheet and accounting for a merchandise business.

Credits

    3

Books for this Course

  • "SCHAUM’S OUTLINE OF PRINCIPLES OF ACCOUNTING I 5th Edition By Joel Lerner, Sullivan County Community College and James Cashin 2010 (September 2009) / 408 pages ISBN: 9780071635387 "

Times Offered

  • September 2015
  • January 2016

Faculty

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