$79
Plus membership
3 Credits
All courses include:
eTextbooks
2 to 3-day turnaround for grading
Multiple chances to improve your grade
On-demand tutoring & writing center
Student support 7 days a week
$79
Plus membership
3 Credits
All courses include:
eTextbooks
2 to 3-day turnaround for grading
Multiple chances to improve your grade
On-demand tutoring & writing center
Student support 7 days a week
Accounting I
$79
Plus membership
3 Credits
About This Course
ACE Approved 2021
Accounting I focuses on the basic accounting principles and function for a business. Learn to identify and use Generally Accepted Accounting Principles (GAAP), ledgers and journals, and the steps of the accounting cycle.
What You'll Learn
Identify and apply Generally Accepted Accounting Principles (GAAP).
Apply the steps of the accounting cycle.
Post and analyze transactions using ledgers and journals.
Record adjusting entries for prepaid expenses and unearned revenue.
Complete an adjusted trial balance.
Perform a bank reconciliation.
Explain the purpose of the sales journal and the Accounts Receivable ledger and post entries to both.
Record the costs associated with the acquisition of property, plant, and equipment.
Identify the fundamental principles of an accounting information system.
Your Life, Your Schedule, Your Education
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This online college credit course introduces you to bank reconciliation methods, balance sheets, financial statements, assets and liabilities, and equity. You will also learn about business ethics.
There are no prerequisites to take Accounting I.
Topic | Subtopics |
---|---|
Accounting for Business Today |
|
Recording Business Information |
|
Financial Statements |
|
Journalizing and Posting Transactions |
|
Preparing Adjusting Entries |
|
The Accounting Cycle |
|
Assets: Cash and Controls |
|
Assets: Sales and Receivables |
|
Assets: Inventory Valuation |
|
Acquisition of Property, Plant and Equipment |
|
Liabilities: Purchasing and Payables |
|
Liabilities: Notes Payable and Other Current Liabilities |
|
Liabilities: Employee and Payroll Accounting |
|
Accounting Information Systems |
|
Your score provides a percentage score and letter grade for each course. A passing percentage is 70% or higher.
Assignments for this course include 4 graded exams.
The required eTextbook for this course is included with your course purchase at no additional cost.
Wild, John J., and Ken Shaw. Fundamental Accounting Principles, 24th edition. McGraw-Hill/Irwin, 2019. ISBN 9781259916960
Accounting I students also take:
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