Accounting Tutor for CPA Exam Prep and Financial Management

The session focused on reinforcing the student's understanding of cost curves, including concepts like short run vs. long run, fixed vs. variable costs, and marginal vs. average costs. The Student worked through various problems, including calculations and interpretations of cost curves, to solidify their knowledge. The Tutor assigned practice problems and PDF revision for the coming week.

The session covered the role of prices as rationing devices and information transmitters, and then moved into government interventions via price controls, including price ceilings and price floors. The Student learned how these controls affect market equilibrium and can lead to shortages or surpluses. The session concluded with plans to continue the discussion of producer surplus, consumer surplus, and deadweight loss in the next session.

Kajal and Paulina's recent accounting lesson delved into present value, bonds, and notes receivable. They meticulously covered calculations for bond prices and the present values of notes, working through various numerical examples. The focus was on applying the relevant formulas and understanding the key distinction between coupon rates and discount rates. Paulina will continue to practice these problems in preparation for their next lesson.

Kajal and Jahnvi engaged in an economics lesson, thoroughly reviewing demand and its determinants. They reinforced their understanding by working through multiple-choice questions covering shifts versus movements along the demand curve, related goods (substitutes and complements), and the law of demand. The discussion also briefly touched on economic growth and factors of production. Their next lesson is scheduled for Wednesday at 4:00 PM.

Kajal and Okpere explored fundamental economic concepts, including supply, the law of supply, factors influencing shifts in the supply curve, and market equilibrium. Okpere was given knowledge check questions to complete and review. For their next lesson, Kajal will assess Okpere's understanding of these topics before they proceed to chapter 4.

Kajal Mahajan provided a comprehensive economics lesson to Makayla Nelson, focusing on price elasticity of demand and supply. Their discussion encompassed calculations, interpretations, and graphical representations of these concepts. They further explored the effects of price ceilings and floors, deadweight loss, and received an introduction to the Ricardian model of international trade. Following the lesson, Kajal shared a PDF of the material and advised Makayla to conduct weekly reviews.