ACC 1010 — Corporate Accounting Principles
Credit Hours: 4.00 Total Contact Hours: 4.00 Lecture Hours: 4.00
Introduces students to fundamental accounting principles for corporations. The students will learn the analysis of business transactions (external and internal) and their effect on the accounting equation; the processing and flow of data from the recording of source documents to the closing of the books (accounting cycle); accounting for assets; cash, receivables, plant and intangible assets; inventories. In addition it covers both short-term and long- term liabilities (bonds); as well as the corporate structure including the nature, type and issuance of stock transactions.
Transfer: TAG.