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!
Cash Base and Accrual Base Accounting
There are two types of basic accounting methods; Cash Base Accounting vs. Accrual Base Accounting. Discuss the differences between each of these methods. Please provide the different accounting treatments (i.e. journal entries) of the following transaction for both Cash Base Accounting vs. Accrual Base Accounting:
Example: You are an accountant for a landscaping company (Grantham Landscaping LLC) and have mowed a large park for the local county government. You charge the client $2,000 for the job. The county agrees to pay you 6 months from the date of the service.
Should we Capitalize or Expense these organization costs
Dec 31 Investor corporation sold all of its shares on investee company for $ 178,000 cash Required: Cost method:
the net income reported on the income statement for the current year was 210000. depreciation recorded on equipment and
Not having much real world experience in preparing a financial business case, Tien has employed your team to provide him with advice on three areas:
A commercial storage building in service.
given the following information determine the cost of goods sold at december 31 using the weighted-average perpetual
1. potential costs due to the discovery of a possible defect related to one of its products. these costs are probable
The company estimates that 16,000 direct labor and 106,000 machine hours will be worked during the year. If overhead is applied on the basis of direct labor hours, the predetermined overhead rate per direct labor hour will be:
Supplement Under the gross method of recording sales discounts discussed in this chapter, is the amount of sales discount taken recorded.
Preparation of consolidated financial statements when a parent-subsidiary relationship exists is an example of the:
annual fixed costs of 4000000 and variable costs of 400 per unit and estimates that it can sell 40000 pumps annually
otthars amusement center contains a number of electronic games as well as a miniature golf course and various rides
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