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Course Catalog Information (24-25)

ACCT 105
Basic Financial Accounting Procedures


Course Description

This course focuses on the procedural aspects of accounting; including the accounting equation, analysis of business transactions, debit and credit rules, and aspects of the accounting cycle.

Student Learning Outcomes

  • Analyze basic business transactions and record them using double-entry accounting by journalizing, posting entries to the general ledger and preparing relevant internal and external financial statements to include the evaluation of merchandising transactions using perpetual and periodic inventory systems and incorporating various cost flow methods.

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Course Details

Units
1 Units
Hours
  • Weekly Lecture Hours: 1
  • Weekly Lab Hours: 0
Gen Ed
Non-GE Class
Program Status
Program Applicable
Credit
Credit - Degree Applicable
Transferability
Not transferable
Grading Method
Letter Grading

Requisite and Advisory

Advisory(ies)
ESL 261 and ESL 265, or ESL 461 and ESL 465, or eligibility for EWRT 1A or EWRT 1AH or ESL 5 ACCT 1A or ACCT 1AH
Prerequisite(s)
Corequisite(s)

Limitations on Enrollment and Entrance Skills

Limitation(s) on Enrollment
.