Learn basic accounting concepts and methodology as applied to either a service or a merchandising business. Study the accounting equation, balance sheets, income statements and the end-of-period process.

Note(s):

This course is equivalent to the CIB 112 (Bookkeeping I) course offered by the Canadian Institute of Bookkeeping (CIB), the CIE 102 (Accounting) course offered by the Canadian Institute of Entrepreneurship (CIE), the Introduction to Accounting course offered by the Canadian Payroll Association (CPA) and (when paired with ACCT 1035) the Financial Accounting I course offered by the Certified General Accountants (CGA) of Ontario.