BACC201-PRINCIPLES OF ACCOUNTING I (3Cr.:3Lec)

BACC201-PRINCIPLES OF ACCOUNTING I (3Cr.:3Lec):

This is an introductory accounting course with a focus on financial accounting. It introduces the accounting cycle that includes the double entry system for recording transactions, adjusting and closing entries, and preparation of financial statements. The accounting topics for merchandising activities, assets valuation, and current liabilities are discussed.