Question: 1. please i need a good and a full perfect answer . 2. please don't copy and paste i need a unique answer. 3. use

1. please i need a good and a full perfect answer .

2. please don't copy and paste i need a unique answer.

3. use your keyboard to answer. please, don't use handwriting

Thank you..

  1. Define accrual basis and cash basis of accounting then give numerical examples for each method and explain which of them recommended by IFRS. (2.5 marks)

Answer:

Students answers vary

  1. Ibrahim has a sole proprietorship working in goods merchandising and he needs to choose an inventory costing method. Being an accountant, list methods Ibrahim can use and explain to him advantages and disadvantages of each method supported by numerical examples. (2.5 marks)

Students answers vary

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

1. please i need a good and a full perfect answer . 2. please don't copy and paste i need a unique answer. 3. use your keyboard to answer. please, don't use handwriting Thank you.. Define accounting...

Q:

1. please i need a good and a full perfect answer . 2. please don't copy and paste i need a unique answer. 3. use your keyboard to answer. please, don't use handwriting Thank you.. Ibrahim has a sole...

Q:

** ****Please do not copy and paste. I want a unique answer ****Please use the keyboard to answer and write the number of questions Fin 402 All over the world, the financial system is among the most...

Q:

** ****Please do not copy and paste. I want a unique answer ****Please use the keyboard to answer and write the number of questions Fin 402 All over the world, the financial system is among the most...

Q:

Hi need to get done only one article from the given ones but please choose any one except article no 2 as i have already done that one. please choose right theory and apply it on the article and...

Q:

please do any other article except second one it been done already and please apply correct theory 3101AFE Accounting Theory and Practice GROUP RESEARCH ASSIGNMENT Semester 1 2016 A. OVERVIEW The...

Q:

Hello, Sarah could you please help me Accountung Theory and practice course assignment? i have to do next week monday. Please i need your help i have to choose 3 articles below and apply acoounting...

Q:

could you please help me Accountung Theory and practice course assignment? i have to do next week monday. Please i need your help i have to choose 3 articles below and apply acoounting theory. I...

Q:

two articles needs to be done according to the given requirement in the attatched file 3101AFE Accounting Theory and Practice GROUP RESEARCH ASSIGNMENT Semester 1 2016 A. OVERVIEW The research...

Q:

two articles needs to be done according to the given requirement in the attatched file 3101AFE Accounting Theory and Practice GROUP RESEARCH ASSIGNMENT Semester 1 2016 A. OVERVIEW The research...

Q:

Company Z exchanged old equipment (FMV $16,000) for new equipment (FMV $16,000). Company Z's tax basis in the old equipment was $9,300. a. Compute Company Z's realized gain, recognized gain, and tax...

Q:

Which of the following is an example of consistency in system design? Select one. Making the interface platform independent Providing users with a warning when they are deleting information Allowing...

Q:

In this assignment, you will explore a dataset containing information about various movies, mirroring the kind of data you might find in an IMDB database. The data is a list of dictionaries, each...

Q:

QUESTION 5 "Market segmentation" refers to identifying distinct groups of consumers whose needs, wants and purchasing behaviors differ from others in important ways. True False

Q:

Access the Fair Measures, Inc. site at www.fairmeasures.com, go to the Workplace Issues drop-down menu, and click on Business Ethics. Read the various FAQs and pick 1 to explore further. Access the...

Q:

Much attention is given to the issue of harassment and discrimination in the workplace. The cornerstone to addressing this is achieving organizational awareness. Training can help raise awareness....

Q:

A friend of yours has heard you are taking a business course that focuses on human resources management and wants some help. Your friend, a parent of 2 small children, has learned that the daycare...