Apr 23, 2024  
2023-2024 Southern Academic Catalog 
    
2023-2024 Southern Academic Catalog
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AC 111 - Principles of Accounting I

3 Credit Hours
Lecture Hrs. 3

This principles course covers the theory of debits and credits; accounting theory and methods will be used to record and report financial
information for services and merchandising businesses. Topics include steps in the accounting cycle, preparation and use of basic financial
statements, inventory methods and depreciation methods. Accounting for both single proprietorships and partnerships is introduced.
Offered As Scheduled
Grading Basis Normal Grading Mode



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