Table of contents

1. Introduction to Accounting1h 21m
2. Transaction Analysis1h 13m
3. Accrual Accounting Concepts2h 38m
4. Merchandising Operations2h 30m
5. Inventory1h 55m
6. Internal Controls and Reporting Cash1h 16m
7. Receivables and Investments3h 8m
8. Long Lived Assets5h 1m
9. Current Liabilities2h 19m
10. Time Value of Money1h 23m
- Time Value of Money Equations
  35m
- Using Time Value of Money Tables
  47m
11. Long Term Liabilities2h 45m
12. Stockholders' Equity2h 15m
13. Statement of Cash Flows2h 24m
14. Financial Statement Analysis5h 25m
15. GAAP vs IFRS56m

1. Introduction to Accounting

Types of Accounting

Financial Accounting

1. Introduction to Accounting

Types of Accounting

Previous problemNext problem

Struggling with Financial Accounting?

Join thousands of students who trust us to help them ace their exams!Watch the first video

Multiple Choice

Which of the following types of institutions does NOT typically borrow from investors by issuing bonds?

Sole proprietorships

Federal governments

Municipal governments

Corporations

Previous problemNext problem

Verified step by step guidance

Understand the nature of bonds: Bonds are a form of debt financing where an institution borrows money from investors and agrees to pay it back with interest over time. Typically, larger entities like governments and corporations issue bonds.

Analyze the entities listed: Federal governments, municipal governments, and corporations are all large entities that often require significant funding for operations or projects. They commonly issue bonds to raise this capital.

Consider the characteristics of a sole proprietorship: A sole proprietorship is a business owned and operated by one individual. It is typically smaller in scale and does not have the same access to capital markets as larger entities.

Evaluate the borrowing methods of sole proprietorships: Sole proprietorships usually rely on personal savings, bank loans, or private investors for funding rather than issuing bonds, as they lack the structure and scale to access bond markets.

Conclude which entity does NOT typically issue bonds: Based on the analysis, sole proprietorships do not typically borrow from investors by issuing bonds, unlike the other entities listed.