What are accruals

Assignment Help Basic Statistics
Reference no: EM13766689

Post a 100-200-word response to the following: 

  • What are some methods you might use to determine the reliability of data you gather? Why is it important to analyze your data to determine if it is reliable? 
  • Chapters 5 & 6 of Critical Thinking cover fallacies and rhetoric. According to the text, what are two examples of persuasion that are not valid arguments? Why are these invalid arguments?

Post a 150-200 - word response for each of the following (bulleted) questions:

  • What are accruals? Provide examples of accruals. Why do accruals require adjusting entries?
  • What types of accounts are debited and credited in an unearned revenue adjusting entry?
  • With the Revenue Recognition Principle, How is the  balance sheet affected?
  • Name a circumstance when Cash Basis Accounting would be appropriate?  
  • What are deferrals? What are some examples of deferrals? Why do deferrals require adjusting entries?
  • What is the revenue recognition principle? What is the expense recognition principle? Why are these important to financial reporting?

Reference no: EM13766689

Questions Cloud

Determine the impact of potential logical threats : Determine the impact of at least five potential logical threats that require attention. Detail the security controls (i.e., administrative, preventative, detective, and corrective) that the pharmacy could implement in order to protect it from the ..
Principles of constructivist teaching : Explain and give examples showing how these tenets support science literacy.
How much return will his investment earn : Mr. Nailor invests $6,000 in a money market account at his local bank. He receives annual interest of 8% for 7 years. How much return will his investment earn during this time period? (Compound monthly)
Compounded annually : If you invest $10,000 at 10% interest (compounded annually), how much will you have in 10 years? Round your answer to the nearest dollar.
What are accruals : What are accruals? Provide examples of accruals. Why do accruals require adjusting entries? What types of accounts are debited and credited in an unearned revenue adjusting entry?
What is the effective rate of return on the bond : A $5,000 face value industrial bond can be purchased for $4,920. Its interest rate is 8% and it pays interest semi annually and will mature in eight years. What is the effective rate of return on the bond? What is the effective rate of return that th..
Student loans-average educational debt for veterinary school : Student loans: In 2010, according to the JAVMA journal report, the average educational debt for veterinary school graduates was $133,873. The average starting salary for vets in private practice in 2010 was $67,548. If the vets earning an average sal..
Describe the establishment of a restaurant : Describe the establishment of a restaurant library, mall, dining hall, coffee shop, or similar public location. Plan to spend a minimum of two hours at the location.
How these techniques complement other collection disciplines : These disciplines are much more useful in the current environment. How do these techniques complement the other collection disciplines (HUMINT, COMINT, SIGINT, Imagery)

Reviews

Write a Review

Basic Statistics Questions & Answers

  Find probability that age of selected ceo is in range

Find the probability that the age of a randomly selected CEO will be between 56-57 y/o. (round to 4th decimal) The probability a randomly selected CEO will be between 56-57 y/o is?

  Test of hypothesis z test-anova and chi square

Suppose that an automobile manufacturer designed a radically new lightweight engine and wants to recommend the grade of gasoline to use.

  Develop a point estimate of the proportion of the

a simple random sample of 5 months of sales data provided the following information month 1 2 3 4 5 units sold 94 100

  Find the minimal length of time the body stay in world

What is the minimal length of time the body should stay in the mold if the manufacturer wants to be 85% sure that the bonds have hardened?

  Question regarding testing of proportion

A study of cats and dogs found that 11 of 50 cats and 21 of 50 dogs slept more than 10 hours per day. At the .05 level of significance, is there sufficient evidence to conclude that a difference exists between the proportion of cats and the propor..

  How large sample of one-bedroom apartments to estimate mean

How large a sample of one-bedroom apartments would be needed to estimate the mean within $20 with 90% confidence?

  Determine probability that neither truck is available

If probability the first truck is available is= .75, probability the second truck is available is= .50, and probability both are available is= .30, determine the probability which neither truck is available?

  Effect of independent variable on dependent variable

Stalnaker technique: what effect does the independent variable have on the dependent variable? type of hypothesis? what is independent variable? dependent variable?

  Hypothesis for testing the true percentage of tv viewers

Set up H0 and Ha for testing whether the true percentage of TV viewers who find cable news to be better quality than network news differs from 50%.

  Automobile manufacturer wants to estimate the mean gasoline

An automobile manufacturer wants to estimate the mean gasoline mileage that its customers will obtain with its new compact model.

  Calculate limits within which weight of packets lie

Calculate the limits within which the weight of the packets should lie assuming that the machine is not been classified as faulty.

  A busy restaurant determined that between 630 pm and 900 pm

a busy restaurant determined that between 630 p.m. and 900 p.m. on friday nights the arrivals of customers are poisson

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