1. Under cash basis of accounting‚ revenue and expense recognition would occur when cash is received and disbursed. Contrast cash basis of accounting with accrual basis. Give suitable examples. ACCRUAL BASIS OF ACCOUNTING - An accounting basis wherein revenue and expenses are recorded in the period in which they are earned or incurred regardless of whether cash is received or disbursed in that period. This is the accounting basis that generally is required to be used in order to conform to generally
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Abortion There are many people in this world that are strongly against the act of abortion‚ such as Republicans and most religions. I on the other hand‚ am not one of those people. Yes I believe in God and that the gift of life is precious‚ but I also believe in the mother’s having a choice on whether or not they want to be responsible for a human being. There are many valid reasons as to why a woman would consider having an abortion‚ and each reason is extremely important and should not be looked
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1 .social-network {margin:5px 0px 5px 25px;} .node-type-article .social-network‚ .ehub-topic-page .social-network‚ .ehub-topic-page-3col .social-network {margin-left:5px;} The cash method and the accrual method (sometimes called cash basis and accrual basis) are the two principal methods of keeping track of a business’s income and expenses. In most cases‚ you can choose which method to use. Learn how they work and the advantages and disadvantages of each so you can choose the better one for your
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Contrast Cash Basis Accounting and Accrual Basis Accounting The major objectives for business entity are to earn profit. Every company keeps their financial records and prepares their financial reports. There are two main accounting methods which are used to keep recording of the business. They are cash basis accounting (cash method) and accrual basis (accrual method). Either of any method can use in businesses. Company can choose the method which is benefit for them. The cash basis is the most simple
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MKTG572 Marketing Basis for Interest Topic:Due Week One Complete this form and submit it to the Week 1 Basis for Interest Dropbox. Your instructor must approve your idea‚ and will give you feedback and suggestions if you need help. You have several options when choosing a product or service for your Basis for Interest plan. Consider choosing a new product for a new company (your own) or creating a new product for an existing company. Basis For Interest TOPIC Your Name: Mariam Merajee Product
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The basis of law… The basic of law can be summarized in two words: human conflict. People dispute and argue over money and theft and property damage. Law is a body of rules enacted by public officials in a legitimate manner and backed by the force of the state. The first element (body of rules) is self evident‚ the hidden part is these rules are found in a myriad of different places. The second element (law is enacted by a public official) is critical. all places have rules but they are not
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Cash basis accounting predicts a periodic measure of performance that is used to predict future cash flows. This is the difference between cash receipts and cash payments from transactions related to providing goods and services during a reporting period. “Revenue is recognized when cash is received and expense is recognized when cash is paid”. ("Accrual basis accounting‚"). “When transactions are recorded on a cash basis‚ they affect a company’s books only once a completed exchange of value has
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P.S III COURSE: PERSONALITY LECTURER: MRS CHIVASA/MR JAVANGWE ASSIGNMENT TITLE: Discuss the influence of biological and environmental factors on personality development? DUE DATE: 16th APRIL 2014 Personality‚ according to Winnie and Gittinger (1973)‚ is a dynamic and organized set of characteristics possessed by a person that distinctively influences his or her cognitions‚ motivations‚ emotions ‚ and behaviors in numerous circumstances. Personality can also refer to the
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Biological Psychology Worksheet Deborah Y. Eckhardt PSY/340 November 7‚ 2011 Evi Pover Biological Psychology Worksheet Answer the following questions in short-essay format. Be prepared to discuss your answers. 1. What is biological psychology? Biological psychology; also known as biopsychology‚ behavioral neuroscience‚ or physiological biology‚ is the biological study of thoughts‚ emotions and behaviors. Biological psychology is the field of psychology that analyzes how the
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What is Biological Psychology? It is the study of the physiological‚ evolutionary‚ and developmental mechanisms of behavior and experience. It is synonymous with the terms biopsychology‚ physiological‚ and behavioral neuroscience. Much of biological psychology is devoted to studying brain functioning. Physiology is the study of body processes- the dynamic of tissue and organ system of the body. It is the study of the physiological basis of human and animal behavior. Areas of Biological Psychology
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