ACC 121 – PRINCIPLES OF ACCOUNTS

Goal:

This course is designed to enable the student understand the application of accounting principles to specific business
transactions.

GENERAL OBJECTIVES:
On completion of this module the students should be able to:
1.0 Understand Control Accounts.
2.0 Know the different methods for the collection of data for Final Accounts from incomplete records.
3.0 Understand manufacturing accounts.
4.0 Understand the accounts of non-trading organization.
5.0 Understand Partnership Accounts.
6.0 Understand the preparation of simple Company’s Final Accounts.