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Patrick Bray CPA
United States
เข้าร่วมเมื่อ 27 พ.ค. 2022
Here to help you get better with Accounting & Finance.
Video Topics: Accounting, Finance, Economics, Tax and more.
Daily Quizzes: I post daily accounting and finance quizzes to my community page.
Please consider subscribing to support the channel.
My background is in corporate accounting specifically in the investment management and insurance industries. I started off as a staff accountant and I am now the CFO of a mid-size company.
Disclosure Disclaimer: The information on this channel is provided for general educational purposes only and may not reflect changes in federal or state laws. Please consult with a professional advisor about your facts and circumstances.
Video Topics: Accounting, Finance, Economics, Tax and more.
Daily Quizzes: I post daily accounting and finance quizzes to my community page.
Please consider subscribing to support the channel.
My background is in corporate accounting specifically in the investment management and insurance industries. I started off as a staff accountant and I am now the CFO of a mid-size company.
Disclosure Disclaimer: The information on this channel is provided for general educational purposes only and may not reflect changes in federal or state laws. Please consult with a professional advisor about your facts and circumstances.
Accounting for Investments Quiz - 10 Questions and Answers (CPA Exam and Intermediate Accounting)
Investment Accounting multiple choice quiz with questions covering Trading Securities, Available-for-Sale Securities, Held-to-Maturity Securities and Equity Method Investments. Take the Balance Sheet Quiz Next ➡️ th-cam.com/video/l9FARObQU3k/w-d-xo.html
If you are studying for the CPA exam or taking Intermediate Accounting, this is a great quiz to test your knowledge on how to account for investments before your exams.
Investment Classifications and GAAP codifications covered:
1) Trading Securities (ASC 825-10 and ASU 2016-01)
2) Available for Sale (ASC 825-10 and ASU 2016-01)
3) Held to Maturity Securities (ASC 320-10-25-1)
4) Equity Method (ASC 323-10)
More Accounting and Finance Quizzes ➡️ th-cam.com/play/PL9KeWPnGOpg6ThckCoEpemRPk47t7yXyR.html&si=fR-bPoiE8nnGnWC2
Accounting for Investment Course:
th-cam.com/play/PL9KeWPnGOpg78_g1guOEqBsFXYK8mMyS5.html&si=njJBRBJnXkTurtvP
====================================
I post daily accounting and finance quizzes here: www.youtube.com/@patrickbrayCPA/community
====================================
#cpaexam #accountingquiz #investments #patrickbraycpa
If you are studying for the CPA exam or taking Intermediate Accounting, this is a great quiz to test your knowledge on how to account for investments before your exams.
Investment Classifications and GAAP codifications covered:
1) Trading Securities (ASC 825-10 and ASU 2016-01)
2) Available for Sale (ASC 825-10 and ASU 2016-01)
3) Held to Maturity Securities (ASC 320-10-25-1)
4) Equity Method (ASC 323-10)
More Accounting and Finance Quizzes ➡️ th-cam.com/play/PL9KeWPnGOpg6ThckCoEpemRPk47t7yXyR.html&si=fR-bPoiE8nnGnWC2
Accounting for Investment Course:
th-cam.com/play/PL9KeWPnGOpg78_g1guOEqBsFXYK8mMyS5.html&si=njJBRBJnXkTurtvP
====================================
I post daily accounting and finance quizzes here: www.youtube.com/@patrickbrayCPA/community
====================================
#cpaexam #accountingquiz #investments #patrickbraycpa
มุมมอง: 155
วีดีโอ
Business Entity Explained: C-Corporations (C-Corp)
มุมมอง 103หลายเดือนก่อน
This video breaks down C-Corporations. We will cover the setup, the tax structure and ultimately the pros and cons of setting up a C-Corporation. Watch this Video Next ➡️th-cam.com/video/kmvbZM1-th4/w-d-xo.html We will cover: ✅ Basic Structure and Setup of Partnerships ✅ Tax Structure of Partnerships ✅ 3 Pros and 3 Cons of Partnerships Watch more Videos on Tax Accounting: th-cam.com/play/PL9KeW...
Business Entity Explained: S-Corporations (S-Corp)
มุมมอง 107หลายเดือนก่อน
Business Entity Explained: S-Corporations (S-Corp)
Business Entity Explained: Partnerships
มุมมอง 72หลายเดือนก่อน
Business Entity Explained: Partnerships
Business Entity Explained: Limited Liability Company (LLC)
มุมมอง 83หลายเดือนก่อน
Business Entity Explained: Limited Liability Company (LLC)
Take this Economics 101 Quiz - 10 Questions and Answers in 10 Minutes!
มุมมอง 214หลายเดือนก่อน
Take this Economics 101 Quiz - 10 Questions and Answers in 10 Minutes!
Business Structures: Setup, Taxes and Pros & Cons of Each (LLC, Partnership, S-Corp & C-Corp)
มุมมอง 186หลายเดือนก่อน
Business Structures: Setup, Taxes and Pros & Cons of Each (LLC, Partnership, S-Corp & C-Corp)
Can You Score 10/10 on This US Tax Quiz in 10 Minutes?
มุมมอง 2222 หลายเดือนก่อน
Can You Score 10/10 on This US Tax Quiz in 10 Minutes?
Accounting Quiz - 10 Questions and Answers (Multiple Choice)
มุมมอง 7152 หลายเดือนก่อน
Accounting Quiz - 10 Questions and Answers (Multiple Choice)
Accounting 101 Quiz - 10 Questions and Answers in 10 Minutes!
มุมมอง 3.8K2 หลายเดือนก่อน
Accounting 101 Quiz - 10 Questions and Answers in 10 Minutes!
Inflation Explained ➡️ What's REALLY Driving Up Prices
มุมมอง 3542 หลายเดือนก่อน
Inflation Explained ➡️ What's REALLY Driving Up Prices
How Inflation Impacts the Cost of Living
มุมมอง 682 หลายเดือนก่อน
How Inflation Impacts the Cost of Living
Inflation Explained: Understand What it is and What causes Inflation!
มุมมอง 2763 หลายเดือนก่อน
Inflation Explained: Understand What it is and What causes Inflation!
ChatGPT makes Writing Excel Formulas so Easy
มุมมอง 4483 หลายเดือนก่อน
ChatGPT makes Writing Excel Formulas so Easy
Interest Rates and M&A: Analyzing Their Hidden Impact
มุมมอง 2313 หลายเดือนก่อน
Interest Rates and M&A: Analyzing Their Hidden Impact
Tax Update on Bonus Depreciation (Tax Relief for American Families and Workers Act)
มุมมอง 934 หลายเดือนก่อน
Tax Update on Bonus Depreciation (Tax Relief for American Families and Workers Act)
What does US History tell us about Wage and Price Controls?
มุมมอง 864 หลายเดือนก่อน
What does US History tell us about Wage and Price Controls?
Venezuela's Oil Economy, Inflation and Price Controls
มุมมอง 424 หลายเดือนก่อน
Venezuela's Oil Economy, Inflation and Price Controls
The Soviet Union's Fully Planned Economy (Gosplan and Material Balance Planning)
มุมมอง 2234 หลายเดือนก่อน
The Soviet Union's Fully Planned Economy (Gosplan and Material Balance Planning)
An Economic History of Wage and Price Controls
มุมมอง 3424 หลายเดือนก่อน
An Economic History of Wage and Price Controls
Simple vs Compound Interest: A Major Difference in Results
มุมมอง 1785 หลายเดือนก่อน
Simple vs Compound Interest: A Major Difference in Results
What's the difference between Shares Authorized, Issued and Outstanding?
มุมมอง 2665 หลายเดือนก่อน
What's the difference between Shares Authorized, Issued and Outstanding?
Notes Receivable vs Notes Payable (Comprehensive Review)
มุมมอง 1655 หลายเดือนก่อน
Notes Receivable vs Notes Payable (Comprehensive Review)
Balance Sheet Explained: Assets, Liabilities and Stockholders Equity
มุมมอง 5286 หลายเดือนก่อน
Balance Sheet Explained: Assets, Liabilities and Stockholders Equity
5 Examples of Stockholders Equity (Balance Sheet Analysis)
มุมมอง 2916 หลายเดือนก่อน
5 Examples of Stockholders Equity (Balance Sheet Analysis)
5 Examples of Noncurrent Liabilities (Balance Sheet Analysis)
มุมมอง 1077 หลายเดือนก่อน
5 Examples of Noncurrent Liabilities (Balance Sheet Analysis)
5 Examples of Noncurrent Assets (Balance Sheet Analysis)
มุมมอง 1397 หลายเดือนก่อน
5 Examples of Noncurrent Assets (Balance Sheet Analysis)
5 Examples of Current Liabilities (Balance Sheet Analysis)
มุมมอง 1497 หลายเดือนก่อน
5 Examples of Current Liabilities (Balance Sheet Analysis)
5 Examples of Current Assets (Balance Sheet Analysis)
มุมมอง 2328 หลายเดือนก่อน
5 Examples of Current Assets (Balance Sheet Analysis)
GAAP Case Study: Bank Failure of Republic First Bancorp
มุมมอง 1548 หลายเดือนก่อน
GAAP Case Study: Bank Failure of Republic First Bancorp
I received one from allstate today. For 1900 dollars interest received. Called allstate and they dont even know why i got this form. Im super irritated because 2k in received interest that i 1. Never received 2. Have no idea where its coming from or why
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Nice job
I got 10 of 10. My dream job is to become an accountant but due to finance I did not further my studies, for almost 10 years, anyway thanks for the quiz it makes me recall my accounting class back in 2015.
👏 and never too late to jump back in.
I received a 1099-MISC for a lawsuit settlement payout and now I owe federal taxes :(. I'm a W2 employee as a Travel SP Tech and make a decent amount of money, but I've never owed like this before. This is largest amount of settlement money I've ever received also but, I'm wondering if I'm doing something wrong when I file? I've tried Turbotax and freetaxusa and both are coming back that I owe federal but not state? It's not a huge amount but, I was hoping I would get something back from federal and that's just not the case.
Question: how many licks does it take to get to the center of the tootsie roll tootsie pop? 🛀
Sir, As per your video Thumbnails chart is attractive but ur video is not like that
8
Nice job 👍
I got them all right...can I have a job now 🛀
👏 show off that knowledge in the marketplace and you’ll land a job no problem.
A
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Distribution and dividends decrease investment and income received increase investment under the equity method
💯% nice summary of equity method accounting
Trading Securities
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Income from the investment will increase the investment and dividends or distributions will decrease the investments under the equity method
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Tax free distributions at age 59 and a half
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Tax free distributions at age 59 and a half
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