GCC Catalog 2025-2026 - Flipbook - Page 85
COURSE DESCRIPTIONS
Course descriptions on the following pages include the
following information:
ACCOUNTING (ACC)
The primary content of ACC courses is directly related to a
Business-Related occupational program.
1
2
4
3
Prerequisite
5
6
ACC 150
ACCOUNTING I
4 (4-0)
A practical accounting course that introduces the concepts of
double entry bookkeeping, special journals, general and subsidiary
ledgers, work sheets, financial statements and year-end closing
procedures. A practice set is included. Students who have
completed one or two years of high school bookkeeping with
above average grades should consult with the accounting
instructor about placement in Principles of Accounting 201 rather
than in Accounting 150.
1. Course abbreviation and Course number.
Courses numbered 100-199 are normally freshmen
courses; they may be elected by sophomores. Courses
numbered 200-299 are sophomore courses; they may be
elected by freshmen with the necessary prerequisites.
Courses numbered below 100 may not be used to fulfill
degree or certificate requirements.
2. Title of the course.
3. Credit hours. Credit hours are listed outside of the
parentheses. Within the parentheses are: total contact
hours of lecture and laboratory experience per week.
The number appearing to the left of the hyphen denotes
lecture hours and the number to the right of the hyphen
denotes lab hours.
Examples:
• 3 (3-0) means the course has a three-credit hour
value and meets three hours a week for lecture, with
no lab.
• 4 (3-2) means the course has a four-credit hour value
and meets three hours a week for lecture, with two
hours a week for lab.
• If a course is listed as having variable (VAR) credits,
contact hours, or lab hours, students must check
with their advisors.
4. Brief description of the content of the course
5. Prerequisites and co-requisites.
Some courses have prerequisites or co-requisites listed.
A prerequisite must be taken prior to entering a course;
a co- requisite may be taken prior to, or must be
taken concurrently with, the course. In individual
cases, prerequisites or co-requisites may be waived upon
approval of the instructor.
6. Denotes when the course is typically offered.
Prerequisite None
F
ACC 151
ACCOUNTING II
4 (4-0)
A practical study of the manner in which the accounting processes
apply to sole proprietorships, partnerships, and corporations. The
topics covered include merchandise operations, inventories, cash
accounting, receivables, notes, depreciation and control
accounting. A computerized practice set is included to give
students practical experience in keeping books for a small
business.
Prerequisite ACC 150
S
ACC 160
PAYROLL TAX ACCOUNTING
2 (2-0)
A study of the methods of computing wages and salaries, keeping
payroll records, and making government reports. Practice in
completion of government forms and filing of periodic reports
included.
Prerequisite
ACC 150
F
ACC 170
INCOME TAX ACCOUNTING - PERSONAL
2 (2-0)
Federal and state (Michigan and Wisconsin) income tax for
personal use. A nontechnical coverage of information needed in
preparing returns for individuals and sole proprietorships.
Practice on completion of federal and state income tax forms
included.
Prerequisite
ACC 151 or Consent of Instructor
S
ACC 171
INCOME TAX ACCOUNTING - BUSINESS
2 (2-0)
Federal income tax theory for small businesses, partnerships, and
corporations including special provisions and requirements.
Practice in the completion of necessary forms will be included.
Prerequisite
ACC 201 or ACC 151
S
ACC 201
PRINCIPLES OF ACCOUNTING I
4 (4-0)
The Principles of Accounting I course is designed as an introduction
to the development of financial accounting principles. This course
fulfills the needs of college students transferring to another college
or university and planning a career in the following disciplines:
Accounting, business administration, liberal arts, marketing,
management, law, computer information technology, & other
F=Fall, S=Spring, F/S=Fall and Spring, OT=Other
FE=Fall Even, FO=Fall Odd, SE=Spring Even, SO=Spring Odd
Note: Course numbers, titles, credit hours, class and lab
hours, and descriptions are subject to change before
expiration of this catalog.
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