PreparED Study Materials
BUS 201: Principles Accounting I
School: Indiana State University
Number of Notes and Study Guides Available: 7
Notes
Study Guides
Videos
Master Bond Valuation: Calculate Present Value of $1300 Discount Bond
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Unlock the secrets of bond investments! Discover how to compute the current value of a discount bond with a face value of $1300, maturing in seven years at an 8% yield. Master the financial math behind it all.
How Enhancing Qualities Strengthen the Conceptual Framework
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Explore the importance of the conceptual framework in identifying significant variables and making informed decisions. Learn about the enhancing qualities of qualitative characteristics that enhance transparency and credibility in financial reporting.
Silver Futures Margin Call: Price Trigger Explained
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Explore a real-world investor scenario in this video, where Jerry Harris engages in silver futures trading. Learn how initial and maintenance margins work, and discover the price threshold that could trigger a margin call. Gain insights into risk management in futures trading and the implications for investors.
Decoding the Law of Supply: How Prices Drive Production Choices
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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.
Contra Revenue Accounts: Adjusting for True Revenue in Accounting
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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.
Accounting Essentials: Making Information Relevant & Reliable
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Explore the pillars of accounting information: Relevance and Reliability. Understand sub-components like predictive value, timeliness, and verifiability. Discover how these qualities enhance decision-making in finance