One of the first decisions a new company must make is whether to use a cash based or accrual based system of reporting. – Essaylink

Get your Assignment in a Minimum of 3 hours

Our academic experts are ready and waiting to assist with any writing project you may have. From simple essay plans, through to full dissertations, you can guarantee we have a service perfectly matched to your needs.

Free Inquiry Order A Paper Now Cost Estimate

Topic 1:
One of the first decisions a new company must make is whether to use a cash based or accrual based system of reporting. Using an article from the KU library, explain three factors a company must consider when deciding which accounting method to use. Discuss how each method would affect these factors. If you were to open your own business, which reporting method would you choose?
Topic 2:
You have been working long hours trying to calculate and prepare adjusting entries. You have now decided this is too much work and you will not bother to prepare these entries in the future. Discuss the purpose of adjusting entries, and whether or not you have made the correct decision. Provide specific examples as to why or why not you believe this is the correct decision.

"Is this question part of your assignment? We Can Help!"

"Our Prices Start at $11.99. As Our First Client, Use Coupon Code GET15 to claim 15% Discount This Month!!"

Get Started