Course Descriptions for ACCT 2401
ACCT 2401 is a 4 credit hour lecture course and laboratory. ACCT 2301 is a 3 credit hour lecture course. Either course will meet degree requirements. A student may receive credit for ACCT 2401 or ACCT 2301 but not for both.
ACCT 2401 (4 Credit Hours)
Offered at BHC, CVC, ECC, MVC
Principles of Accounting I
This is a Texas Common Course Number.
Course Description: This course covers the theory and practice of measuring and interpreting financial data for business units. Basic concepts, principles, and procedures are applied to the following topics: operating cycle, accruals and deferrals, financial statements, internal controls, receivables, inventory, fixed assets, and liabilities. This course is cross-listed as Accounting 2301. The student may register for either Accounting 2401 or Accounting 2301 but may receive credit for only one of the two. (3 Lec., 2 Lab.)
Coordinating Board Academic Approval Number 5203015104
Designated by the Texas Higher Education Coordinating Board for transfer among community colleges and state public four year colleges and universities as freshman and sophomore general education courses.
Designated by the Texas Higher Education Coordinating Board as workforce education (technical) courses offered for credit and CEUs (Continuing Education Units). While these courses are designed to transfer among state community colleges, they are not designed to automatically transfer to public four-year colleges and universities.