Accounting Methods

Welcome to the Accounting Methods category of Questions LLC! Whether you are a professional accountant, a business owner, or simply someone interested in understanding the intricacies of financial management, this category is designed to provide you with valuable insights into various accounting methods. Here, you will find a wide range of questions and answers that delve into the different techniques and principles employed in the world of accounting. From cash basis accounting to accrual accounting, cost accounting to managerial accounting – we aim to cover it all. Join our community to explore and gain a deeper understanding of the diverse methods used to record, analyze, and report financial information.

Questions (12)

Who can be harmed when a company changes its accounting methods too often?
1. 2 answers
2. asked by Ashley
3. 659 views
what would you think of a company's ethics if it changed accounting methods every year?what accounting principle would changing
1. 3 answers
2. asked by Jimel
3. 718 views
Metropolis Health System has received a wellness grant from the charitable arm of an area electronics company. The grant will
1. 1 answer
2. asked by Brenda
3. 1,097 views
When might an accountant use cash basis accounting without violating GAAP?
1. 1 answer
2. asked by Ashley
3. 774 views
: Are there any differences between the organizations that adopt a particular accounting method? Please explain your answer.
1. 1 answer
2. asked by robbie
3. 388 views
1. What would you think of a company's ethics if ti changed accounting methods every year?2. What accounting principle would
1. 2 answers
2. asked by Dee
3. 710 views
My first question is:I need help understanding the difference between cash basis and accrual basis accounting? My second
1. 1 answer
2. asked by student acc
3. 941 views
Can someone please check my answers to the following problem.Jack Eagles, a CPA, keeps his accounting records for his practice
1. 1 answer
2. asked by help
3. 572 views
1) Straight-Line Method2) Declining-Balance Method 3) Double-Declining-Balance Method 4) Sum-of-the-Year's digits Method What
1. 2 answers
2. asked by China
3. 800 views
1) Straight-Line Method2) Declining-Balance Method 3) Double-Declining-Balance Method 4) Sum-of-the-Year's digits Method What
1. 1 answer
2. asked by China
3. 484 views
Pan Erickson Construction Company changed from the completed-contract to the percentage-of-compleltion method of accounting for
1. 1 answer
2. asked by Jeniffer
3. 446 views
hich accounting method records revenue and expenses when cash is received or paid?Which accounting method records revenue and
1. 1 answer
2. asked anonymously
3. 14 views