Course Course Summary Section 1 Content Section 1 Content Left Section 1 Content Right Credit Type: Course ACE ID: PJAO-0016 Organization's ID: P-A 101 Organization: Prism Career Institute Location: Classroom-based Length: 60 hours Dates Offered: 10/1/1991 - 12/31/2000 Credit Recommendation & Competencies Section 2 Content Section 2 Content Left Section 2 Content Right Level Credits (SH) Subject Lower-Division Baccalaureate 3 Financial Accounting Description Section 3 Content Section 3 Content Left Section 3 Content Right Objective: To provide the student with a brief introduction to the accounting environment, an overview of business organization forms, and the importance of the accounting cycle required for business management and legal recordkeeping. Learning Outcomes: Demonstrate a working knowledge of the accounting environment and define the accounting environment Handle the entire accounting cycle including recording transactions in the proper journals (general, sales, purchases, cash receipts, and cash disbursements) Post ledgers (accounts receivable and accounts payable) Prepare a working trial balance Prepare a post closing trial balance Describe the different areas of accounting and the fundamental principles and concepts of accounting Know the business organizations forms and why one form may be chosen over another Understand the many methods of classifying a business for tax purposes Understand the basic fundamental concepts and principles of accounting Make adjusting entries Summarize the information into financial statements Prepare closing entries Make opening entries Journalize reversing entries Instruction & Assessment Section 4 Content Section 4 Content Left Section 4 Content Right Instructional Strategies: Classroom Exercise Discussion Lectures Supplemental Materials Section 5 Content Section 5 Content Left Section 5 Content Right Section 6 Content Section 6 Content Left Section 6 Content Right Button Content Rail Content 1 Page Content