ACCB 129 Introduction to Financial Bookkeeping

This course is an introduction to accounting procedures for individual proprietorship businesses. Emphasis is on the accounting cycle, double-entry accounting, payroll, and procedures for handling transactions associated with both service and merchandising businesses. Students will practice proper accounting procedures manually and/or on spreadsheet software. It is also helpful to those who want to upgrade business skills for improved employability.

Credits

3 Credits

Semester Contact Hours Lecture

45

Semester Contact Hours Lab

0

Corequisite

ACCB 129L

ACCB 129Introduction to Financial Bookkeeping

Please note: This is not a course syllabus. A course syllabus is unique to a particular section of a course by instructor. This curriculum guide provides general information about a course.

I. General Information

Department

II. Course Specification

Course Type

{D7A8FC71-978F-4003-9933-512C476323B2}

Credit Hours Narrative

3 Credits

Semester Contact Hours Lecture

45

Semester Contact Hours Lab

0

Corequisite Narrative

ACCB 129L

Repeatable

N

III. Catalog Course Description

This course is an introduction to accounting procedures for individual proprietorship businesses. Emphasis is on the accounting cycle, double-entry accounting, payroll, and procedures for handling transactions associated with both service and merchandising businesses. Students will practice proper accounting procedures manually and/or on spreadsheet software. It is also helpful to those who want to upgrade business skills for improved employability.

IV. Student Learning Outcomes

Upon completion of this course, a student will be able to:

  • Demonstrate how to record business transactions.
  • Demonstrate how to record adjustments in an accural basis accounting system.
  • Demonstrate how to prepare basic financial statements.
  • Demonstrate the complete the accounting cycle for both service companies and merchandising operations companies.
  • Demonstrate accounting for merchandise and inventory systems.
  • Demonstrate internal control procedures related to cash.

V. Topical Outline (Course Content)

VI. Delivery Methodologies