TransfermaticACCTG at Los Angeles Valley College

    ACCTG 001 - Introductory Accounting I

    Recent Professors
    Raymond Mathieu, Yongliang Tan, Ali Naddafpour, James Powder, Siu Chung, Suren Sahakyan, Louis Wolff, Fredrick Ho and 2 more
    Recent Semesters
    Winter 2027, Fall 2026, Summer 2026
    Class Size
    Not published
    Difficulty
    6.1Demandingout of 10
    Credits
    5
    Prerequisite
    None.
    Winter 2027 Sections
    View Winter 2027 sections of ACCTG 001
    Transfers To
    CSU
    Description
    This course introduces fundamental accounting principles and procedures used in corporations, for both service and merchandising businesses. The student will journalize basic entries, post to ledger, record adjusting and closing entries, and prepare financial statements. Internal controls, inventory valuation, bad debts, receivables and payable, depreciation, and payroll are also covered.
    Usually Held
    Mon Wed 8:15am–10:45am, Tue Thu 1:00pm–3:30pm, Tue Thu 8:15am–10:45am, Tue Thu 9:40am–12:10pm