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College Accounting Level 1 – Focus College

College Accounting Lvl 1

College Accounting Level 1-Focus College

The College Accounting Level 1 course covers solid coverage of accounting concepts and principles.  It establishes a foundation of accounting procedures within the traditional framework of a proprietorship accounting cycle, then builds on the framework as it examines additional methods of accounting for asset, liability and equity accounts.

Upon completion of this course the successful student will develop and demonstrate ability to:

  • Understand Accounting Principles and Functions
  • Identify groups of Accounts
  • Understand Assets, Liabilities, and Owner’s Equity
  • Learn subdivisions of Owner’s Equity Accounts
  • Comprehend the Rules of Debit and Credit
  • Analyze transactions
  • Record Transactions in a General Journal
  • Post Transactions into the Ledger
  • Comprehend the use of Ledgers
  • Create Trial Balance
  • Locate Common Errors
  • Prepare a Worksheet
  • Prepare Financial statements
  • Prepare Income Statement, Statement of Owner’s Equity, and Balance Sheet
  • Complete The Accounting Cycle
  • Make Adjusting Entries
  • Prepare Closing Entries
  • Prepare Post-Closing Trial Balance
  • Work with special journals

College Accounting: A Practical Approach, Twelfth Canadian Edition Plus MyAccountingLab with Pearson eText — Access Card Package, 12/E

SLATER, North Shore Community College

Brian Zwicker, Grant MacEwan University

ISBN-10: 013374714X • ISBN-13: 9780133747140

Publisher: Pearson Education Canada

This course is based on continuous intake and students are able to start as soon as they are ready.

For more information please call 250-861-5808 or email info@focuscollege.com

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