FOUNDATIONS OF ACCOUNTING PEREGRINE GLOBAL 2026 REVISION NOTES AND STRUCTURED ACCOUNTING FUNDAMENTALS OVERVIEW GUIDE

FOUNDATIONS OF ACCOUNTING PEREGRINE
GLOBAL 2026 REVISION NOTES AND
STRUCTURED ACCOUNTING FUNDAMENTALS
OVERVIEW GUIDE

◉ Corporate bonds. Answer: offer lower interest rates


◉ municipal bonds are. Answer: issued by states and municipalities


◉ T/F Municipal bonds are tax free coupon income. Answer: T


◉ Government Bonds. Answer: Certificates sold by the government
to raise money with the guarantee that the purchaser will be paid
back later (with interest)


◉ Agency Bonds. Answer: bonds issued by US government agencies


◉ Which coupon is given at discount to par value?. Answer: zero-
coupon


◉ zero coupon bond. Answer: generate a return when bond holder
is paid in full face when bond matures

, ◉ convertible bonds. Answer: Bonds that can be converted into
common stock at the bondholder's option


◉ callable bonds. Answer: bonds that the issuing company can
redeem (buy back) at a stated dollar amount prior to maturity


◉ Puttable bonds. Answer: Are able to be sell back to company
before it matures


◉ Common types of financial statements. Answer: balance sheet


income statement


cash flow


◉ Balance sheets deal with. Answer: assets


liabilities


shareholder equity