$79
Plus membership
3 Credits
All courses include:
eTextbooks
2 to 3-day turnaround for grading
Multiple chances to improve your grade
On-demand tutoring & writing center
Student support 7 days a week
$79
Plus membership
3 Credits
All courses include:
eTextbooks
2 to 3-day turnaround for grading
Multiple chances to improve your grade
On-demand tutoring & writing center
Student support 7 days a week
$79
Plus membership
3 Credits
About This Course
ACE Approved 2021
Financial Accounting explores basic accounting concepts and procedures, in addition to the interpretation of financial statements. The principles of accrual and deferral accounting are presented, including proper use of debits, credits, and fiscal year-end procedures. You will spend time examining merchandising transactions, inventory costing and valuation, cash management, and accounts receivable. The reporting of long-term assets, liabilities, and bonds are also covered in our online Financial Accounting course.
Course Outcomes
Understand and use the four basic financial statements.
Define and apply the accounting equation.
Review and employ the principles of accrual and deferral accounting.
Record debits and credits, and close a fiscal year's books.
Make merchandising entries and handle inventory.
Practice cash accounting and internal control.
Account for receivables.
Understand and handle long-term assets and liabilities.
Course Text
Prefer the hard copy? Simply purchase from your favorite textbook reseller; you will still get the eTextbook for free. The required eTextbook for this course is included with your course purchase at no additional cost.
Financial and Managerial Accounting: The Basis for Business Decisions
Williams, Jan R., Susan F. Haka, Mark S. Bettner, and Joseph V. Carcello. Financial and Managerial Accounting: The Basis for Business Decisions, 18th edition, McGraw-Hill/Irwin, 2018, ISBN: 9781259692406
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