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Nov 05, 2024
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TCC Catalog 2021-22 [ARCHIVED CATALOG]
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ACG2021 Financial Accounting3 credit hour(s)
Prerequisite(s): documented exemption, appropriate placement scores, or completion of developmental education reading, writing and mathematics.
An introduction to financial accounting concepts and procedures. Generally accepted accounting principles and the accounting cycle are emphasized. Topics include merchandising activities, inventories, receivables, long-lived assets, liabilities, ownership equity and internal control for corporations and other business entities. Emphasis will also be placed on the use of financial statements as a basis for business decisions. Contact: 3 hours.
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