BU-101: Principles of Accounting I

Course Information

Course, prefix, number, & title: BU-101 Principles of Accounting I

Hours (Class, recitation, Laboratory, studio): 5 class hours

Credits: 4

Course Description in college catalog:

Accounting concepts and conventions; accounting tools and techniques, including records and statements; general and special journals; general and subsidiary ledgers; controlling accounts, adjusting and closing entries; worksheets and financial statements; systems and controls (including payroll system).

Academic programs for which this course serves as a requirement or an elective:

A.A.S. Accounting

A.A.S. Computer Information Systems

A.A.S. Management

A.A.S. Office Administration and Technology

A.S. Business Administration

A.S. QCC/John Jay Dual/Joint Accounting for Forensic Accounting

Certificate Program – Office Administration Assistant 

General Education Outcomes: Below is a listing of General Education Outcome(s) that this course supports.

  1. Use analytical reasoning to identify issues or problems and evaluate evidence in order to make informed decisions

  2. Reason quantitatively as required in various fields of interest and in everyday life

Course-specific student learning outcomes:

The material is covered through lectures, discussions, exercises, problem solving, workbook assignments, Wiley Plus assignments, use of worksheets and financial statement preparation.

Students will achieve the following course objectives:

  1. Understand accounting, analysis of transactions, and summarization of transactions for service and merchandise business.

  2. Understand Generally Accepted Accounting Principles (GAAP), and the use of general journal, general ledger and trial balance.

  3. Understand end of period adjusting entries and closing entries.

  4. Analysis and preparation of financial statements which include Balance Sheet, Income Statement and Owner’s Equity Statement.

  5. Understand the internal control for cash accounts and bank reconciliation.

  6. Understand the payroll accounting system and the related journal entries.

Program-specific outcomes

Use foundational business principles to evaluate and solve problems for accounting.

Methods by which student learning will be assessed and evaluated; describe the types of methods to be employed; note whether certain methods are required for all sections:

  1. Participation              

  2. Case Studies

  3. Exams

  4. Homework

  5. Project

Academic Integrity policy (department or College):
Academic honesty is expected of all students. Any violation of academic integrity is taken extremely seriously. All assignments and projects must be the original work of the student or teammates. Plagiarism will not be tolerated. Any questions regarding academic integrity should be brought to the attention of the instructor. The following is the Queensborough Community College Policy on Academic Integrity: "It is the official policy of the College that all acts or attempted acts that are violations of Academic Integrity be reported to the Office of Student Affairs. At the faculty member's discretion and with the concurrence of the student or students involved, some cases though reported to the Office of Student Affairs may be resolved within the confines of the course and department. The instructor has the authority to adjust the offender's grade as deemed appropriate, including assigning an F to the assignment or exercise or, in more serious cases, an F to the student for the entire course." Read the University's policy on Academic Integrity opens in a new window(PDF).

Disabilities
Any student who feels that he or she may need an accommodation based upon the impact of a disability should contact the office of Services for Students with Disabilities in Science Building, Room S-132, 718-631-6257, to coordinate reasonable accommodations for students with documented disabilities. You can visit the Services for Students with Disabilities website.

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Kupferberg Holocaust Center Opens in a new window

The KHC uses the lessons of the Holocaust to educate current and future generations about the ramifications of unbridled prejudice, racism and stereotyping.

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QPAC is an invaluable entertainment company in this region with a growing national reputation. The arts at QPAC continues to play a vital role in transforming lives and building stronger communities.

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The QCC Art Gallery of the City University of New York is a vital educational and cultural resource for Queensborough Community College, the Borough of Queens and the surrounding communities.