ACC121 - Accounting I
(Acctg I)

This is a dual enrollment college level course, extra work will be required. The first semester of accounting includes the process of recording business transactions in an orderly fashion and preparing financial statements for a service business.  During the second semester, concepts are practiced for a merchandising business. The Accounting Cycle includes analysis of business transactions, journalizing, posting, worksheets, financial statements, banking activities, accounts payable, accounts receivable, and payroll. This course provides the learner with an entry-level job skill. Successful completion of this course with a “C” or better will earn 4 credit hours at Trinidad State Junior College.