Accounting I
(ACCT_I)

In Accounting I we learn the accounting procedures for a sole proprietorship service business.  We will go through an entire accounting cycle and learn to analyze transactions in the debit and credit parts of their respective accounts, journalize transactions, post to the ledgers, prepare a work sheet, do adjusting and closing entries, prepare a post-closing trial balance and financial statements.  Throughout the class we integrate the use of Excel spreadsheets, on-line activities, and the accounting software.   We will do a business simulation using the accounting software.