Explain why recognition of unearn revenue postive adjustment

Assignment Help Financial Accounting
Reference no: EM132717064

Problem 1: Why is deferral of unearned revenue a positive adjustment on the statement of cash flows? Explain.

Problem 2: Why is recognition of unearned revenue a negative adjustment on the statement of cash flows? Explain

Reference no: EM132717064

Questions Cloud

Research apple home pod : Research Apple Home Pod. How does it interact with smart home devices? Alexa is now connected to smart home devices such as thermostats and microwaves.
Prepare the journal entry using the percent of sales method : Assume that you have a company. And the management team estimates. Give any amount of sales and prepare the journal entry using the percent of sales method.
What is the minimum price it should charge : If Division A has capacity available to meet B's requirements, what is the minimum price it should charge? Please show your workings
Data visualization each for categorical data : Use the internet to research and find one example of a data visualization each for categorical data, time-series data, and spatial data.
Explain why recognition of unearn revenue postive adjustment : Explain Why is recognition of unearned revenue a negative adjustment on the statement of cash flows? Why is deferral of unearned revenue a positive adjustment
Practice of safeguarding information : Information Assurance (IA) is the practice of safeguarding information and managing risks related to the use, processing, storage,
Calculate the applied factory overhead : Calculate the applied factory overhead from the following information - Standard direct labor hours per unit: 0.75 hour
Hypothetical situation in which legitimate organization : Describe a hypothetical situation in which a legitimate organization used spam in an effective and nonintrusive manner to promote a product or service.
What annual rate of interest has he earned over eleven years : Find What annual rate of interest has he earned over the 11 years? John deposited $9,000 in a bank account, and 11 years later he closes out the account

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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