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Apr 18, 2024
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2020-2021 Academic Catalog [ARCHIVED CATALOG]
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ACCO 101 - General Accounting 4 CR
Students will learn about financial accounting procedures with emphasis on the accounting cycle. Apply internal controls to an accounting system, account for cash, accounts receivable, bad debts, inventories, long-lived assets, current liabilities and payroll. Generally Accepted Accounting Principles (GAAP) will be applied. Lab Fee
Requisites: Next Gen ACCUPLACER® reading score of 244, or at least a grade of C in TSRE 55 .
Course Learning Outcomes:
- Students will explain the recording process.
- Students will generate adjusting entries and closing entries.
- Students will complete the accounting cycle.
- Students will evaluate current assets and plant assets.
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