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Course Description

Accounting - ACCT 103

Introduction to Accounting (4-0) 4 Cr. Hrs.

Course Description

In this course you will learn about the basic accounting cycle for a sole proprietorship in the service or merchandising industry. You will account for cash, sales, purchases, payroll and payroll taxes.


(A requirement that must be completed before taking this course.)

  • None.

Course Competencies

Upon successful completion of the course, the student should be able to:

  • Explain the role of accounting in a business.
  • Analyze business transactions using the accounting equation.
  • Apply the rules of debits and credits to business transactions.
  • Prepare journal entries.
  • Prepare an income statement.
  • Prepare a statement of owner's equity.
  • Prepare a balance sheet.
  • Complete the accounting cycle for a service company.
  • Prepare bank reconciliations.
  • Calculate payroll and related payroll taxes.
  • Process payroll transactions.
  • Process transactions using special journals and subsidiary ledgers.
  • Complete the accounting cycle for a merchandising company.

Course Schedule

 CourseSectionCourse TitleModeCredit HoursInstructorsFeeSeats Available ⁄Capacity ⁄WaitlistStatusDays-Time-Room

Fall; 2017; ACCOUNTING; No of Weeks : 12; Begins : 9/19/2017

 103142355Intro ACCTOnline4Mellnick G$12.0022/31/0Open 

Fall; 2017; ACCOUNTING; No of Weeks : 15; Begins : 8/28/2017

 103142354Intro ACCTOnline4Mellnick G$12.0017/31/0Open 
 103142500Intro ACCT 4Urso R$12.0028/30/0OpenT R  08:00 AM-09:54 AM AS820
 103142571Intro ACCT 4Hill M$12.0020/30/0OpenW  05:00 PM-08:54 PM BTC370

Spring; 2017; ACCOUNTING; No of Weeks : 12; Begins : 5/8/2017

 103122353Intro ACCTOnline4Hill M$12.0024/31/0Open