ACCT 120B

This video summarizes the beginning steps of creating a cash flow statement. 

Statement of Cash Flow is composed of three different sections, in order:

1) Operating activities 

2) Investing Activities

3) Financing Activities

Convertible bonds are accounted for because they represent a hybrid financial instrument that combines features of both debt and equity. 

This video explains how we account convertible Bonds into Common Stock.

Intellectual property is any property that results from intellectual, creative processes—the products of an individual’s mind themselves.

Examples of IP include: 

Inventions 

Literary and artistic works 

Symbols, images, names, and logos used in commerce 

Copyrights 

Patents 

Trademarks Designs 

Trade secrets

How to account for the Right of use Asset

Accounting for Pensions