Course

Course Summary
Credit Type:
Course
ACE ID:
ECHA-0001
Organization's ID:
C114; C114 day; C114A; C114B
Organization:
Eastwick College-Hackensack
Location:
Classroom-based
Length:
12 weeks (48 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 3 Basic Accounting
Description

Objective:

To provide an introduction to accounting functions, including how to prepare and maintain journals, general ledgers, income statements, equity statements and balance sheets. Students learn how to post ledgers with an emphasis on payroll, accounts payable, and accounts receivable.

Learning Outcomes:

  • Understand accounting fundamentals, concepts, and practical application
  • Understand the double-entry framework
  • Analyze accounting transactions
  • Apply accounting concepts

General Topics:

  • Analyzing transactions, double-entry framework, adjusting entries, financial statements and the closing process, accounting for cash, payroll accounting (employee earnings and deductions, employer taxes and reports), accounts payable, and accounts receivable
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Classroom Exercise
  • Lectures

Methods of Assessment:

  • Examinations
Supplemental Materials