Milaca Public Schools
500 Highway 23 West
Milaca, MN 56353

This course is designed to provide students with an understanding of accounting concepts, principles, and procedures. Accounting 1 covers accounting theories and practices. The main objective of this course is to introduce students to the double-entry system of accounting for both sole proprietorships and corporations by using real-world applications and connections. Other important objectives include the following: To help students develop an understanding of the economic activities affecting businesses. To help students learn to analyze and interpret financial data. To help students develop personal and professional skills. To help students understand the relationship between the manual system of accounting and computerization.