Basic Accounting
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Level: Undergraduate
Division: The New School for Public Engagement
School: School of Undergraduate Studies
Department: Management and Business
Course Number: NMGT 2110
Course Format: Lecture
Location: Online
Permission Required: No
Description:
This course introduces basic concepts and practices of accounting and double-entry bookkeeping. Journals, ledgers, and various types of accounts are described and discussed. Real-world business transactions are analyzed, and their proper entry into financial records is demonstrated. Students learn how to determine profit or loss on a cash or accrual basis and related skills, such as preparing budgets and reading basic financial statements.
Course Open to: Degree Students