An introductory course which provides a computerized learning environment to reinforce the basic principles, procedures, and methods of financial accounting. Provides accounting theory and practice as applied to proprietorships and partnerships. Stresses use of accounting data in business decisions. With ACCT 170, ACCT 180 and ACCT 181 is designed for two-year career program students desiring to enter business occupations.
Completion of ACCT 170 "C" or better or concurrent enrollment in ACCT 170
Textbook information is available at http://www.bhc.edu/on-campus/bookstore/ You will need to know the BHC course number: ACCT 171 and the section number.
Upon successful completion of this course, the student shall be able to demonstrate the following skills: A. Prepare, analyze and record merchandising business transactions B. Prepare and interpret financial statements using ratios and analysis methods C. Prepare, analyze, and record adjusting and closing entries D. Calculate, report and record inventory information using a perpetual inventory system E. Describe and apply the principles of internal control to cash
Black Hawk College: 6600 34th Ave Moline, IL 61265 Phone: 3097965000