BUSN 127 - Accounting I: Financial Accounting

CR: 3
An examination of the accounting cycle; the recording, posting, adjusting, and closing of accounting data for a sole proprietor service and merchandising business, to include internal controls, receivables and payables, inventories, depreciation, and payroll. Emphasis is on the use of accounting data for decision making. Students will be required to master the automation of financial statement and pro forma development using interactive spreadsheets. III.Q