Course Descriptions

ACCT 2101 - Accounting Principles I



Upon successful completion of the course students will be able to:

  1. Analyze effects of basic transactions on the accounting equation
  2. Journalize basic transactions and adjusting entries
  3. Describe the steps of the accounting cycle
  4. Describe the content and purpose of each of the four basic financial statements
  5. Prepare a basic balance sheet, income statement, retained earnings statement, and statement of cash flows (indirect method)
  6. Calculate basic business ratios and explain their significance

Credit Hours

Business Administration


  • (MATH 1111 Minimum Grade: C or MATH 1111H Minimum Grade: C or MTH 110 Minimum Grade: C) or (MTH 108 Minimum Grade: C and MTH 109 Minimum Grade: C) or (MATH 1113 Minimum Grade: C or MTH 113 Minimum Grade: C or MATH 1113H Minimum Grade: C) or (MATH 1101 Minimum Grade: C) or MATH 1120 Minimum Grade: C
