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

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Multiple Choice

If you have accepted more loan money than you need for your college expenses, whom should you contact to adjust your loan amount?

The Internal Revenue Service (IRS)

The campus bookstore

Your academic advisor

The financial aid office at your college or university

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Verified step by step guidance

Understand the context of the problem: The question is about adjusting the loan amount for college expenses, which is a financial matter related to student loans.

Identify the relevant party responsible for managing student loans and financial aid. This is typically the financial aid office at your college or university, as they handle loan disbursements and adjustments.

Eliminate incorrect options: The IRS deals with tax-related matters, not student loans. The campus bookstore is unrelated to financial aid, and your academic advisor focuses on academic guidance rather than financial matters.

Recognize that the financial aid office is the correct contact point for adjusting loan amounts, as they have access to your loan records and can process changes.

If you need to adjust your loan amount, contact the financial aid office directly and provide them with the necessary information about your loan and expenses.