INTRODUCTION TO ACCOUNTING
- Program: Accounting Careers
- Course: Introduction to Accounting
- Course #: ACCT1000
- Total Credits: 3
Course DescriptionThis course is designed to provide an introduction to basic accounting procedures including analyzing business transactions, recording transactions in a variety of journals, preparing financial statements and completing the accounting cycle.
Refer to Course Syllabus for detailed information regarding the requirements and evaluation standards for this course. The Course Syllabus will be distributed the first week of the course.
Hennepin Technical College offers reasonable accommodations to qualified students with disabilities. If you have a documented disability that may require accommodations, contact the college’s Disability Services Director: Sara Laviolette at Brooklyn Park (763-488-2477) or Jean Kreutter at Eden Prairie (952-995-1544).
The following goals will be addressed in the course:
Prepare journal entries to record business transactions in the general journal
Post amounts from the general journal to the general ledger
Prepare journal entries to close temporary accounts at the end of a fiscal year
Record routine business transactions in a special journal and in subsidiary ledgers
Prepare work sheets and closing entries
Prepare a bank reconciliation and journalize any necessary journal entries
Prepare a payroll register and all necessary journal entries to record the payroll
Prepare the following financial statements: balance sheet, income statement and statement of owner's equity
Prepare adjusting entries and post to the general ledger at the end of an accounting period
- Lecture: 3
MnTC Goal: 0
- Campus: Brooklyn Park/Eden Prairie
Apply Now Search Awards Search Courses