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

Which type of accounting is primarily concerned with analyzing and reporting a company's capital structure, such as Microsoft's mix of debt and equity financing?

Tax Accounting

Financial Accounting

Cost Accounting

Managerial Accounting

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Verified step by step guidance

Understand the question: The problem is asking which type of accounting focuses on analyzing and reporting a company's capital structure, including its mix of debt and equity financing.

Review the definitions of the accounting types provided: Tax Accounting deals with compliance and preparation of tax returns; Cost Accounting focuses on tracking and analyzing costs; Managerial Accounting is concerned with internal decision-making; Financial Accounting is focused on external reporting, including the company's financial position and capital structure.

Identify the key concept: Capital structure analysis, such as Microsoft's mix of debt and equity financing, is part of external reporting and is primarily concerned with Financial Accounting.

Eliminate incorrect options: Tax Accounting, Cost Accounting, and Managerial Accounting do not primarily deal with analyzing and reporting capital structure.

Conclude that the correct answer is Financial Accounting, as it is the branch of accounting that deals with reporting a company's financial position, including its capital structure, to external stakeholders.