May 18, 2025  
2025-2026 Catalog 
    
2025-2026 Catalog

ACCTG 151 - Accounting Principles


Credit Hours: 4
Billable Contact Hours: 4
Prerequisites: RDG 090  and ENGL 090  or qualifying scores on accepted placement tests
Session Cycle: FWSU

The study of accounting theory and principles is applied to service and merchandising enterprises, including special journals and ledgers, adjusting and closing procedures, preparation of financial statements, promissory notes, inventory control and valuation, depreciation, payroll and an introduction to cash control and partnership accounting.