Explain when revenues are recorded under the modified cash basis and accrual basis of accounting.
Question:
Explain when revenues are recorded under the modified cash basis and accrual basis of accounting.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (14 reviews)
Under the accrual basis of accounting revenues are re...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Accounting questions
-
Explain when revenues are recorded under the cash basis, modified cash basis, and accrual basis of accounting.
-
Distinguish between cash basis and accrual basis accounting.
-
Compare the cash and accrual methods of accounting for the following events: a. Purchased new equipment, paying $50,000 cash and giving a note payable for $30,000 due next year. b. Paid $3,600 for a...
-
Express the given quantity in terms of sin x and cos x. sin 2 X
-
Please identify the following input validation checks as protective or detective controls and give an example of each: a. Field check b. Validity check c. Limit check d. range check e. Reasonableness...
-
Environmental management is considered to be one of the most important issues facing companies today. An effective environmental costing system will not only support a companys environmental...
-
Find the trajectories of the system governed by the equations \[\dot{x}=x-y, \quad \dot{y}=x+3 y\]
-
Cindy Justus is the managing director of the Wichita Day Care Center. Wichita is currently set up as a full-time child care facility for children between the ages of 12 months and 6 years. Cindy is...
-
In bucolic farm there a contagion spreading among 500 happy cows, some with spots others with- out. There are no other breeds of cows in the field. The contagion spreads through contact. Cows without...
-
1. Considering Yips globalisation framework (Figure 9.2), what drivers of internationalisation do you think were most important when Wanda entered the US market through its AMC and Legendary...
-
At the end of 20-3, Martel Co. had $410,000 in Accounts Receivable and a credit balance of $300 in Allowance for Bad Debts. Martel has now been in business for three years and wants to base its...
-
Explain when wages expense is recorded under the modified cash basis and accrual basis of accounting.
-
The branched-chain -keto acid dehydrogenase complex, which participates in amino acid catabolism, contains the same three types of enzymes as are in the pyruvate dehydrogenase and the -ketoglutarate...
-
The acquisitions of Time by Warner and ABC by Walt Disney were examples of _________mergers. a) horizontal b) vertical c) conglomerate
-
Which statement is true? a) Microsoft is subject to American antitrust laws, but not those of Europe, Asia, or elsewhere. b) Microsoft has never been involved in an antitrust suit. c) The European...
-
Unions have _________. a) increased wages b) decreased wages c) had no effect on wages
-
Which statement is true about labor unions in the United States? a) They have always been very popular. b) They did not gain widespread acceptance until the 1940s. c) They have never gained...
-
The Supreme Court broke up the trusts in 1911 because they _____________.
-
If there is a loss at Mudaraba liquidation: a. The Rab al-Maal can require a Mudarib to provide a guarantee against his/her negligence if there has been any. b. If a Mudarib fails to pay the cash on...
-
The tractor is used to lift the 150-kg load B with the 24-mlong rope, boom, and pulley system. If the tractor travels to the right at a constant speed of 4 m/s, determine the tension in the rope when...
-
Referring to Example 14.8, let v 1 = u(t). Find i 1,f , the forced response. Data from Example 14.8 Given L 1 = 0.2 H, L 2 = 0.1 H, M = 0.1 H, and R = 10 in the circuit of Fig. 14-17. Find i 1 for v...
-
Give two examples of common payroll fraud.
-
Give two examples of common payroll fraud.
-
How are earnings determined when employees are paid on the hourly rate basis?
-
The December 31, Year 4, balance sheet for Vernon Corporation is presented here. These are the only accounts on Vernon's balan sheet. Amounts indicated by question marks (?) can be calculated using...
-
Reyes Manufacturing Company uses a job order cost system. At the beginning of January, the company had one job in process (Job 201) and one job completed but not yet sold (Job 200). Job 202 was...
-
n-1 3.) Given the discrete sequence x(n) = (3) u(n - 1) where u is the unit step sequence, do the following: (SHOW ALL WORK) a.) Compute the discrete time Fourier Transform (DTFT) X(w) of x(n). b.)...
Study smarter with the SolutionInn App