Financial Accounting Accrual and Cash-Basis Accounting In this module, the discussion focuses on the differences between accrual and cash-basis accounting. We will also look at the deferral and accrual adjusting journal entries. Students will be asked to prepare an example of each adjusting journal entry type (deferral and accrual). Students will also be expected to … Read more
Financial Accounting – Merchandising Operations This week, we will be reviewing Chapter 5 on Merchandising Operations. Companies like Wal-Mart, Target, and Amazon are all examples of companies that purchase inventory from suppliers, and then sell those products to consumers. 1). Describe the 2 formats for the income statement of a merchandising company, and list the … Read more
Identify typical customer needs and service expectations of most Internet-server companies. Management Assessment You are part of the management team in a medium-size Internet server company. Driven by rapid changes in the business environment in recent years, the management team has decided that the company’s management accounting practices have to be focused on the customers. … Read more
Compare and contrast managerial accounting with financial accounting Subject: Re: Compare and contrast managerial accounting with financial accounting and distinguish between the information needs of external and internal users. Answer preview: Word: 400
Comparison of Managerial and Financial Accounting Subject: Re: Compare and contrast managerial accounting with financial accounting and distinguish between the information needs of external and internal users. Answer preview: Word: 400