posted by .

o How are entries made under each type of accounting?
o How does each type of accounting handle depreciation, if at all?
o How is inventory accounted for?
o Are there any differences between the organizations that adopt a particular accounting method?
o What are the strengths and weaknesses of the various types of accounting

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. Accounting & Finance

    What type of inflation accounting do you favor under high inflationary periods?
  2. accounting

    What are the similarities and differences between SEC(the U.S. Securities and Exchange Commission and FASB (Financial Accounting Standards Board)?
  3. accounting

    a. What type of information does managerial accounting provide?
  4. accounting

    Which of the following is accounted for as a change in accounting principle?
  5. accounting

    : Are there any differences between the organizations that adopt a particular accounting method?
  6. Finacial Accounting.

    I am really struggling with this question and my accounting book is no help at all. A company has $4500 in net sales, $3200 in gross profit, $1300 in ending inventory, and $1800 in beginning inventory. What is the cost of goods sold?
  7. Accounting

    Journal Entries Under the Perpetual Inventory System Bhushan Building Supplies entered into the following transactions.
  8. Accounting

    Explain Accounting and book-keeping and enumerate the differences (if any) between the two
  9. Accounting

    The Major Issue in inventory accounting is: A. determining whether to take inventory using cycle counts as opposed to counting all inventory only at the end of the year. B. deciding whether to maintain records on a periodic or perpetual …
  10. Accounting

    I got this part: Briefly describe and discuss the differences between for-profit organizations and NPOs. I'm not sure how to answer this: Do you believe these differences justify the use of distinct accounting principles for each group?

More Similar Questions