fbpx

Accounting Methods Assignments | Online Homework Help

Please read the assignment before bidding.

Don't use plagiarized sources. Get Your Assignment on
Accounting Methods Assignments | Online Homework Help
Just from $13/Page
Order Now

Thanks.

 

Assignment Content

Purpose of Assignment 

This week’s activity illustrates the role of a company’s accounting method plays in financial statement reporting. In this assignment, students evaluate the events occurring in a business setting and determine how to properly analyze those events to identify the impact on both cash and accrual accounting methods.

Resources 

  • Accounting Methods Grading Guide
  • Generally Accepted Accounting Principles (GAAP), U.S. Securities and Exchange Commission (SEC)
  • Tutorial help on Excel and Word functions can be found on the Microsoft Office website. There are also additional tutorials via the web offering support for Office products.
  • Assignment Steps
    Scenario: BizCon, a consulting firm, has just completed its first year of operations. The company’s sales growth was explosive. To encourage clients to hire its services, BizCon offered 180-day financing – meaning its largest customers do not pay for nearly 6 months. Because BizCon is a new company, its equipment suppliers insist on being paid cash on delivery. Also, it had to pay up front for 2 years of insurance. At the end of the year, BizCon owed employees for one full month of salaries, but due to a cash shortfall, it promised to pay them the first week of next year.
    As the senior accountant, the Chief Financial Officer has asked you to prepare a memo to be sent to management notifying them of the delayed wage payments.
    professional writing services near me

    Prepare the memo in a maximum 720 words including the following information to better outline the situation:

  • Explain how cash and accrual accounting differs for each of the events listed in the above scenario and describe the proper accrual accounting.
  • Assess how at the end of the year, BizCon reported a favorable net income, yet the company’s management is concerned because the company is very short of cash. Explain to management how BizCon could have positive net income and yet run out of cash.
  • APA format
  • No Plagiarism

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Homework Writing Services
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Entertainment & Gaming
Good content.
Customer 452441, April 4th, 2022
Military
Good work.
Customer 456821, June 20th, 2022
History
The work was really good and done on time.
Customer 454439, June 1st, 2020
lesson plan
great work
Customer 454025, April 10th, 2020
Medicine
Properly format papers in the instructed style and always use Grammarly.
Customer 458101, April 10th, 2022
Economics
I would like to thank you for your hard work. The essay is clear and clean.
Customer 462687, March 14th, 2022
Retail
Great services
Customer 463473, November 10th, 2022
Other
Check the APA cover page sample on this student paper https://owl.purdue.edu/owl/research_and_citation/apa_style/apa_formatting_and_style_guide/apa_sample_paper.html
Customer 462457, March 29th, 2022
Other
Great effort.
Customer 459155, May 4th, 2022
English 101
TEST
Customer 463149, July 12th, 2022
English 101
Excellent deliverables. I love the immersive thought.
Customer 462537, April 21st, 2022
Military
excellent work
Customer 456821, June 26th, 2022
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat