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ACCT 215 General Accounting

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ACCT 215 General Accounting - A short introduction:

The ACCT 215 General Accounting course mainly comprises the basic theory and principles of elementary accounting pertinent to a single-proprietorship business. The course mainly helps students in understanding the practical application of accounting theory to the accounting cycles of service and merchandising business enterprises: bookkeeping practice; books of original entry; ledgers, working papers, adjusting and closing entries; debit and credit practice; income statement, balance sheet, statement of owner's equity, special journals, cash, payroll, and merchandising firms.

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