ACCT 2751 - Financial Accounting

Marketing, Management & Finance
Fundamental accounting concepts and principles are covered through an understanding of the following topics: accounting as an information system, analyzing a transaction, the accounting cycle, accounting for both service enterprises and merchandising businesses, deferrals and accruals, reversing entries, systems design, accounting for cash, receivables, temporary investments and inventory. The course also includes an examination of plant assets, intangible assets, depreciation, depletion, and amortization. Students apply concepts to the preparation of special journals, subsidiary ledgers, worksheets, and financial statements.
credit(s): 3
Prerequisite(s): MATH 0510, MATH 0710, TECH 1310