This course is intended primarily as the first of a sequence of courses for accounting majors. Through the study of accounting you will learn the language of business, or the language of financial decisions. The better you comprehend the language, the better you can manage the financial aspects of living. Personal financial planning, investments, loan, house mortgage payments, income payments, and many other aspects of daily life are based on accounting. Some recent survey indicates that business managers believe it is more important for college students to learn accounting than any other business subject. Other survey shows that persons trained in accounting and finance make it to the top of their organizations in greater numbers than persons trained in any other fields.