ACC 111 - Accounting Concepts

Class: 3 Credits: 3
This course is a study of the principles of the basic accounting functions–collecting, recording, analyzing, and reporting information.

Prerequisite(s): Take ENG 032 and MAT 032 or MAT 100 and RDG 032.

Course Topics:

T-accounts and journal entries
Financial Statements
Adjusting Entries
Closing entries
Special Journals
Schedule of Accounts Payable and Accounts Receivable
Payroll
Petty cash and Bank Reconciliation
Internal Control over cash

Textbooks:
Textbook information can be found on the Book Inn Web site

Required Materials:
Computer and Internet Access

Grading System:
An overall grade of C or higher is required for transferability.

A 90 - 100
B 80 - 89
C 70 - 79
D 60 - 69
F 0 - 59

Student Learning Outcomes:

Apply basic double-entry accounting procedures.
Construct Financial Statements.
Apply basic accounting internal control principles over cash.
Apply adjusting procedures and closing procedures.
Demonstrate the accounting procedures for special journals.
Identify and perform accounting practices for payroll activities.

For SCC Online Courses:
If the course you are taking is online, please review the SCC Online Course Policies that include:

Identity Verification
Required materials for all online courses
Mandatory Attendance Requirement
Orientation and Support
Proctored Exams

Standard SCC Course Policies:
Please review the Standard Course Policies on the following topics:

Academic Integrity
Add/Drop period
Attendance
Classroom Conduct
Equal Access
IT Access
Online Behavior
Online Confidentiality
Services For Students with Disabilities
Student Concerns
Student Help Services
Withdrawals

Official Course Syllabus
2022-2023