Course Code : MHSB 201

Course Title : General Accounting

Weekly Course and application hours of the course: 3-0

Brief Course Description: Definition and Importance of Accounting, Parties Related to Accounting, Reasons Requiring Accounting, Accounting Types, Generally Accepted Accounting Principles, Commercial Transaction, Account Concept, Basic Accounting Equity, Analysis and Registration of Commercial Transactions, Definition of Financial Statement, Types, Properties and Preparation of Financial Statements, Transactions Related to Receivables, Inventory Transactions and Cost of Goods Sold.

Textbooks and supplementary books:

  1. Accounting Principles, Jerry J. Weygandt | Paul D. Kimmel | Donald E. Kieso, John Wiley High Education
  2. Economics of Money, Banking and Financial Markets, Frederic S. Mishkin, Pearson Education Books
  3. Financial Accounting, Robert Libby, Patricia Libby and Daniel Brief, McGraw Hill.
  4. Managerial Accounting, Tools for Business Decision Making, Jerry J. Weygandt, Paul D. Kimmel, Wiley Education.

Course Evaluation:

Participation / Attendance : 10%,

Mid-Term Exam : 30%,

Homework : 10%,

Final Exam : 50%,

Attendance is at least 95 % mandatory.