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ACC100

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Fundamentals of Accounting

Business & Computer Technology Division
GeneralMSLOsCourse Requisites

Measurable Student Learning Outcomes

  1. (Synthesis Level) Accurately maintain accounting records and prepare financial statements for a sole-proprietorship in accordance with Generally Accepted Accounting Principles.(CSLO 2)

  2. (Analysis Level) Analyze and record inventory transactions when a periodic inventory system is employed. (CSLO 2)

  3. (Analysis Level) Analyze and record inventory transactions when a perpetual inventory system is employed. (CSLO 2)

  4. (Application Level) Accurately compute ending inventory utilizing common valuation methods (weighted-average, FIFO, LIFO). (CSLO 2)

  5. (Synthesis Level) Account for cash funds and prepare a bank reconciliation in good form. (CSLO 2)

  6. (Evaluation Level) Determine effective internal controls for cash. (CSLO 4)

  7. (Application Level) Account for bad debts using the allowance method and the direct write-off method. (CSLO 2)

  8. (Synthesis Level) Compile the payroll information and correctly prepare the payroll entry and the employer's payroll tax entry. (CSLO 2)

  9. (Application Level) Correctly compute depreciation for a plant asset using the straight-line method. (CSLO 2)

  10. (Evaluation Level) Determine the cost of property, plant, and equipment. (CSLO 2)