ACG 1001 - Financial Accounting I

3 credits
Introduction to basic financial accounting principles and their application to current business practices for sole proprietorships. Major emphasis is placed on the accounting cycle, current assets and liabilities, merchandising and inventory, non-current assets, and payroll. This course is not designed to meet the program requirements for students enrolling in Fall 2014 or later in the AS Accounting Technology degree, the Accounting Technology Management Certificate, the AS Business Administration and Management degree, the Small Business Management Certificate, and/or the Business Development and Entrepreneurship Certificate. Credit is not given for both ACG 1001 and ACG 2021.