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

Business Organization

Financial Accounting

1. Introduction to Accounting

Business Organization

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Multiple Choice

The form of business ownership that has the ability to raise capital most easily is a:

Partnership

Corporation

Limited liability company (LLC)

Sole proprietorship

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Understand the characteristics of each form of business ownership: Partnership, Corporation, Limited Liability Company (LLC), and Sole Proprietorship.

Analyze the ability of each form to raise capital. Corporations typically have the advantage because they can issue shares of stock to investors, which is a direct method of raising large amounts of capital.

Consider the limitations of other forms of ownership. For example, partnerships and sole proprietorships rely on personal contributions or loans, which may limit their ability to raise substantial capital.

Evaluate the role of limited liability companies (LLCs). While they offer flexibility and limited liability, they do not have the same ability to issue stock as corporations do.

Conclude that corporations are the form of business ownership that can raise capital most easily due to their ability to issue stock and attract a wide range of investors.