Discuss difference between cash and accrual basis accounting

Assignment Help Accounting Basics
Reference no: EM132381177

Question: Discuss the difference between cash and accrual basis of accounting. Apply this to a company that you have worked for and discuss how the needs and size of the organization dictated the basis of accounting, or vice versa. Please include the company's head count and annual revenue(in your estimation). As for responses to these, you can get creative, but it has to be business or accounting related.

Reference no: EM132381177

Questions Cloud

Facebook new privacy initiative : Facebook's New Privacy Initiative
Discuss your voting choice and research : Discuss your voting choice and research using the concepts from the book and video. Provide an argument justifying your voting choice utilizing at least.
Journalize the entry to record the payment of the note : A business issued a 45-day note for $80,000 to a creditor on account. The note was discounted at 5%. Assume a 360-day year.
Enterprise-wide information governance program : The knowledge needed to make informed decisions on an enterprise-wide Information Governance program for the company.
Discuss difference between cash and accrual basis accounting : Discuss the difference between cash and accrual basis of accounting. Apply this to a company that you have worked for and discuss how the needs and size of the.
Program that takes the current position of the robot : PLC Programming with Ladder Logic - Construct different Ladder Logic programs - Construct a program that will simulate a push button activated LED.
Describe the purpose of accounting : Prepare a 800 to 1,100 word brief that discusses (1) the purpose of accounting, (2) identify the four basic financial statements, and (3) explain how they.
Individual or component costs of? capital : You have just been hired to compute the cost of capital for? debt, preferred? stock, and common stock for the Mindflex Corporation.
Find the required annual payments : Construct an amortization schedule for a $1,000, 3.5% annual rate loan with 3 equal payments. The first payment will be made at the end of the1st year.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd