Breadcrumb Home Courses ACC-101 ACC-101: Accounting Principles I Download as PDF Lecture Hours 3 Lab Hours 0 Credit Hours 3 This course introduces basic accounting procedures for analyzing, recording and summarizing financial transactions, adjusting and closing the financial records at the end of the accounting cycle and preparing financial statements. Prerequisites RDG-032 or RWR-032, C or better. MAT-032, C or better.