1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Oliga [24]
3 years ago
15

When does accrual basis accounting record a transaction?

Business
2 answers:
Goshia [24]3 years ago
7 0
The main difference between accrual and cash basis accounting is the timing of when revenue and expenses are recognized.
serg [7]3 years ago
5 0
When does accrual basis accounting record a transaction? When under new ownership.
You might be interested in
Which of the following statements are TRUE?
Goryan [66]
D) Checkabe Deposits are assets for the bank
4 0
2 years ago
The definition of Not Utilizing Staff Talent in the Eight Wastes refers to a. making more than the customer wants or more than y
motikmotik

Answer:

d. not encouraging employee ideas or undermining their efforts.

Explanation:

Human resources management (HRM) can be defined as an art of managing, controlling and improving the number of people (employees or workers), functions, activities which are being used effectively and efficiently by an organization.

Hence, human resources managers are saddled with the responsibility of recruiting, managing and improving the welfare and working conditions of the employees working in an organization.

The definition of Not Utilizing Staff Talent in the Eight Wastes refers to not encouraging employee ideas or undermining their efforts.

6 0
3 years ago
Channeling funds from individuals with surplus funds to those desiring funds when the saver does not purchase the borrower's sec
Solnce55 [7]

Answer: Financial Intermediation.

Explanation:

Financial Intermediation is a method of wealth distribution common to Banks, where money deposited by it's customers is given out as loan to investors/individuals. The Banks are known as Financial Intermediaries as they are actively involved in wealth distribution.

6 0
3 years ago
What is the only bone in the human body not connected to another bone?
Gemiola [76]

Answer:

Hyoid bone

Explanation:

The hyoid is anchored by muscles from the anterior, posterior and inferior directions, and aids in tongue movement and swallowing.

4 0
2 years ago
Strike offers to sell Bailey one thousand shirts for a stated price. The offer declares that shipment will be made by Dependable
maks197457 [2]

Answer: A contractual obligation om shipment is not enforceable.

Explanation: A contract is a legally binding agreement. For a contract to be legally binding it needs to have an offer and acceptance. Strike and Bailey are merchants who both agree on the stated quantity and price of shirts to be shipped. However, the declaration or condition of shipment is neither agreed nor accepted by both Strike and Bailey as Strike offered to deliver using 'Dependable Truck Line' while Bailey accepted delivery by 'Yellow Express Truck Line' that was never offered.

For a contract to exist, a complete offer and acceptance must exist on the full terms and conditions of te shipment in this case. However, there is no agreement by either party on the shipment therefore contractual obligation on shipment is not enforceable.

7 0
3 years ago
Other questions:
  • If you bought a home that cost $100,000, it is currently worth $200,000, and you still owe $50,000 on it, how much equity do you
    14·1 answer
  • A company had the following purchases and sales during its first year of operations:Purchases SalesJanuary: 10 units at $120 6 u
    6·1 answer
  • You need a microwave. ABT in Chicago has one for sale, $250 marked down to 199.
    9·1 answer
  • All businesses encounter difficulties and must deliver bad news. Bad news can be disappointing, irritating, and even maddening t
    12·1 answer
  • Quince products is a small company in southern california that makes jams and preserves. recently, a sales rep from one of the c
    7·1 answer
  • Two or more organizations that join forces in order to achieve advantages that neither can perform as well alone are known as __
    12·1 answer
  • Below are the account balances for Cowboy Law Firm at the end of December. Accounts Balances Cash $ 4,800 Salaries expense 1,900
    14·1 answer
  • Which market segmentation dimension describes consumers by the groups with which they associate?
    10·1 answer
  • Minnie knows that double entry has a lot of short-term debt coming due in the next year, and wants to make sure that the company
    10·1 answer
  • Donna runs an inn and charges $300 a night for a room, which equals her cost. Sam, Harry, and Bill are three potential customers
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!