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Write a 700- to 1,050-word paper in APA format comparing and contrasting the different types of accounting, namely accrual, cash flow, and fund accounting. Be sure to consider the following:
o How are entries made under each type of accounting?
o How does each type of accounting handle depreciation, if at all?
o How is inventory accounted for?
o Are there any differences between the organizations that adopt a particular accounting method?
o What are the strengths and weaknesses of the various types of accounting?
Define the process you will use and address the following assessed classroom discussion questions: What procedures will be used to collect accounting evidence? What sampling tools and techniques will be used for the examination?
Please help me explain the following concepts: A conclusion stating how you think sound financial reporting depends on principles, assumptions, and constraints. Refer to the U.S. GAAP in your response.
Analyze the punishment or consequence that was given to the CPA and determine whether you are in agreement the punishment fit the violation.
What is the legal capital of the corporation? At what average price per share has the preferred stock been issued? How many shares of common stock have been issued?
Indicate how each of the following six different transactions that Dynamic Mattress might make would affect (i) cash and (ii) net working capital:
Provide an example of financial institutions, and state what role they play in securities markets.
Juanita, who is single, is in an automobile accident in 2012 and her car sustains $6,200 in damages. Because both drivers received tickets in the accident, Juanita does not expect to recover any of the loss from her insurance company.
At the break-even point of 1,500 units, variable costs are $60,000, and fixed costs are $30,000. What would operating income be if 1,501 units are sold?
Sarah - cash of $2,000, accounts receivable with a FMV and tax basis of $1,000, and equipment with a FMV of $40,000 and adjusted basis of $3,500. Sarah also contributed a $23,000 note payable, and the partnership assumed legally responsibility for..
The preferred stockholders were paid $20,000 for each of 2010 and 2009 years respectively. What is the amount of dividends common shareholders will receive in 2011?
Daniel is a calendar-year taxpayer whose wife died in August of 2011. His eight year old son lives with him. During 2011, Daniel had salary income of $67,000, $1600 of qualified dividend income, and received $50,000 from the life insurance policy ..
Determine the implications of a significant positive change in the ratio. Provide a rationale with your response.
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