Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Accounting Discussion
Discussion 1
• Watch Accounting WITT's video titled "Cash and Accrual - Conceptual":
https://www.youtube.com/watch?v=aPwdgUDXkkE&feature=youtu.be
• Based on the video, explain two advantages and two disadvantages in using both the cash and the accrual basis of accounting.
• Then, determine the one that you believe provides the most useful financial information to users.
• Identify at least two types of businesses that would benefit by preparing financial statements using either the cash or accrual basis of accounting.
• Justify your response.
Discussion 2:
• Identify and discuss the key steps in the closing process that provide the most opportunity to make mistakes in processing account transactions. Why did you select these steps and what makes them confusing?
• Make at least two recommendations for improving the accuracy and reliability of the information in the gaps that you have identified.
the ski shop began february with an inventory of 50 ski vests that cost a total of 1500 with each costing 30. the
Decision usefulness is an underlying theme of the conceptual framework, true or false? Users of financial statements are assumed to have substantial knowledge of business and financial accounting matters by financial statement preparers, true or fa..
1.over the period of 1955-2006 long-term government bonds underperformed large corporate stocks. small-company stocks
hollywood tabloid needs a new state-of-the-art camera to produce its monthly magazine. the company is looking at two
Explain the advantages and disadvantages of each set of performance measures. How do they must design the organizational architecture to control the agency problems?
Give the journal entries to record payroll on December 31. Give (a) the journal entry for the collection of rent on December 10 and (b) the adjusting journal entry on December 31. Show how any liabilities related to these items should be reported on ..
atwich corporation uses the weighted-average method in its process costing system. this month the beginning inventory
in 2012 sales revenue was 120 and net income was 12. 1112 balances were current assets 20 long-term assets 70 current
how to include depreciation and working capital in the following NPV analysis, because depreciation for the machinery goes for longer than the project timeline, and working capital needs to be accounted for as a percentage of sales.
on july 1 2008 falk company signed a contract to lease space in a building for 25 years. the lease contract calls for
mark mayer a cash basis taxpayer leased property on june 1 2012 to perry purly at 325 a month. perry paid mark 325 as a
Each Member is responsible for researching a company of their choice and preparing a presentation discussing how that business is leveraging Information Technology - this means how this company is using information technology internally to conduct..
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd