7370    Accounting 1

Accounting is the language of the business world.  Accounting will help students understand the financial activities of a business and will better prepare them to make wise financial decisions and maintain personal financial records.  Students will learn the basic principles of the accounting cycle from analyzing and recording everyday transactions to preparing and interpreting financial statements and supporting data.  Accounting for sole proprietorships is emphasized, including special journal accounting procedures. Activities from both a service and merchandising business, including payroll and related taxes are covered.

1.0 Credit