BA 111 : Applied Accounting I

Transcript title

Applied Accounting I



Grade mode

Standard letter grades

Contact hours total


Lecture hours


Prerequisites with concurrency

MTH 060 (or higher) or minimum placement Math Level 10.


Designed to acquaint students with the basic functions of the bookkeeping and accounting process--journalizing transactions into the journal, posting to the general ledger, analyzing and adjusting the ledger, preparing simple financial statements for a service business and gaining an understanding and working knowledge of the overall payroll function. No previous accounting is required.

Learning outcomes

1. Identify key accounting terms as they apply to sole proprietorships and service industry organizations.
2. Describe the basic accounting cycle process.
3. Journalize business transactions, post to the general ledger, and create adjusting entries.
4. Create and analyze basic financial statements.

Content outline

Intro to Accounting
Accounting Equation
Accounting Equation
Double-Entry Accounting
Closing Process
Cash – Appendix Internal Controls
Appendix Internal Controls Review
Payroll Employee
Payroll Employer

Required materials

Required textbook, online access, and specified calculator.

Grading methods

This course is assessed through homework, midterm exams, comprehensive accounting problem, participation and a final exam.

Outside of

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