ACCT 2010 - Principles of Accounting I

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Students learn the assumptions, principles, and conventions upon which a sound accounting system is based with an emphasis on formation and communication of financial information found on income statements, balance sheets, and statements of cash flow. Students consider use of financial information for decision making purposes and become conversant in the basic language of business. Emphasizes problem solving analysis both manually and on the computer. No prior knowledge of accounting is required. BMIS 2000 is recommended. Prerequisite: Successful completion of at least 15 credit hours. (3 hrs lec, 2 hrs lab)