posted by paul on .
Which of the following supports the accrual basis of accounting? revenue recognition concept, cash concept, mathcing concept, or revenue recognition and matching concepts?
Thank you for using the Jiskha Homework Help Forum. Here are some sites on accrual accoounting:
1. For each of the following items, indicate whether its amount (i) affects the bank or book side of a bank reconciliation and (ii) represents an addition or a subtraction in a bank reconciliation:
a. Outstanding checks d. Unrecorded deposits g. Bank service charges
b. Debit memos e. Interest on cash balance
c. NSF checks f. Credit memos
2. Which of the items in part 1 require an adjusting journal entry?