Accounting 221 - Principles/Financial Accountg

Preparation and uses of financial statements of business enterprises; the accounting process of recording, classifying, and interpreting business transactions. Conceptual problems analyzed include accounting for inventories, depreciation, and capital stock.

Open to sophomore, junior and senior majors in the School of Management, Contracting Departments-3, Resource Economics majors, Managerial Economics majors, and Stockbridge School of Agriculture students only. Enrollment Note: 30 seats are allotted for Actuarial Math majors.