PreparED Study Materials
Bus 371: Principles of Management
School: University of South Carolina
Number of Notes and Study Guides Available: 4
Notes
Study Guides
Videos
Contra Revenue Accounts: Adjusting for True Revenue in Accounting
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Discover the unique role of contra revenue accounts in accounting, emphasizing their debit balance nature and their use in adjusting gross revenue. Explore examples like sales discounts, returns, and allowances to grasp their impact on a company's reported income.
Par Value Explained: Stock Market Basics for Investors
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Discover the concept of "par value" in the stock market and its significance in corporate finance. Understand the difference between issue price, selling price, and dividends. Grasp the foundational knowledge essential for savvy investing.
Decoding the Law of Supply: How Prices Drive Production Choices
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Explore the principle of the law of supply and its impact on producers' decisions. Discover how prices, production costs, and the profit motive shape the supply curve. Gain insights into how opportunity costs and collective behavior form the market supply curve.
Longhorn Corp: Net Income Distribution & Retained Earnings Explained
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Explore the financial decisions of Longhorn Corporation in its debut year. Understand how net income distribution affects stockholders and the significance of retained earnings in maintaining company growth.
Underapplied vs. Overapplied Overhead: Aligning Accurate Financial Rep
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Explore the intricacies of overhead costs in business accounting. Understand the differences between underapplied and overapplied overhead and their impacts on the Cost of Goods Sold. Gain insights into enhancing financial report accuracy through overhead adjustments.
Classifying PPE: Understanding Tangible Assets in Business
Want To Learn More? To watch the entire video and ALL of the videos in the series:
Explore the classification of Property, Plant, and Equipment (PPE) in business accounting. Understand the difference between tangible, intangible, and current assets. Grasp the importance of PPE on a company's balance sheet.