| | Searching Current Courses For Spring 2015 |
| |
Course: |
ACC 101
|
|
| |
Title: | Fundamentals of Accounting |
|
| |
Long Title: | Fundamentals of Accounting |
|
| |
Course Description: | Presents the basic elements and concepts of accounting, with emphasis on the procedures used for maintaining journals, ledgers, and other related records, and for the completion of end-of-period reports for small service and merchandising businesses. |
|
| |
Min Credit: | 3 |
|
| |
Max Credit: | |
| |
Course Notes: | Revised fall 2000 |
|
| |
Origin Notes: | ACC |
|
STANDARD COMPETENCIES:
1. Define and identify assets, liabilities, owner's equity, revenues, expenses, debit, credit and the accrual basis of accounting. (I)
2. Analyze transactions in relationship to the accounting equation. (II)
3. Record transactions for service businesses in an accounting system. (II)
4. Complete end-of-period work including preparing adjusting entries, financial statements, and closing entries. (II)
5. Identify advantages and disadvantages of using both computerized and manual systems. (II)
6. Account for cash transactions and prepare bank reconciliations. (III)
7. Record transactions for a merchandising business in an accounting system using special journals. (IV)
TOPICAL OUTLINE:
I. Accounting Terminology
II. Accounting Cycle
III. Accounting for Cash
IV. The Accounting Cycle for a Merchandising Business using Special Journals
| |
Arapahoe Community College |
ACC |
| |
Colorado Community College Sys |
CCCS |
| |
Community College of Denver |
CCD |
| |
Colorado Northwestern CC |
CNCC |
| |
Front Range Community College |
FRCC |
| |
Lamar Community College |
LCC |
| |
Morgan Community College |
MCC |
| |
Northeastern Junior College |
NJC |
| |
Otero College |
OJC |
| |
Pueblo Community College |
PCC |
| |
Pikes Peak State College |
PPCC |
| |
Red Rocks Community College |
RRCC |
| |
Trinidad State College |
TSJC |
Skip to top of page
