2021-2022 Pierce College Catalog 
    
    Dec 05, 2021  
2021-2022 Pierce College Catalog
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ACCT 150 Introduction to Accounting and Bookkeeping I (5 credits)



Prerequisite MATH 096  or MATH 098  with a grade of at least 2.0.

Course Description
Introduction to basic accounting concepts and procedures. Recording transactions and applying the accounting cycle to prepare financial statements for the sole proprietor for service enterprises.

Student Outcomes
1. Demonstrate an understanding of accounting and bookkeeping career opportunities.
2. Define accounting terminology and concepts for sole proprietorships.
3. Make use of accounting procedures used by sole proprietorships when recording business transactions.
4. Classify and record transactions in accordance with standard accounting procedures and / or GAAP.
5. Perform basic accounting tasks such as adjusting and closing entries in accordance with prevalent accounting practice and GAAP (Generally Accepted Accounting Principles).
6. Prepare basic financial statements.
7. Interpret elements of basic financial statements for sole proprietorships and partnerships.
8. Define professional ethics in accounting and demonstrate ethical behavior as accounting and bookkeeping tasks are performed.



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