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4 years ago

Discuss the two main types bookkeeping may be completed. which method is easier and why

Business

1 answer:

dezoksy [38]4 years ago

7 0

Answer:

The main difference between Accrual and Cash Basis accounting is the moment when an income or expense is recorded.

Cash Basis recognize and record an income or an expense only when cash is transferred between the parties. However, Accrual Basis recognize them as soon as they occur without the need of cash transaction.

Based on the precious the most used Method is the Accrual Basis, thus, the easiest method, as it does not have to way to the cash operation to record the revenue or the expense.

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After each interaction a customer had with the cell phone company, the cell phone company collected as much about the customer a

IrinaK [193]

Answer:

Internal Data Collection

Explanation:

According to my research on different types of information gathering techniques, I can say that based on the information provided within the question this type is known as Internal Data Collection. This refers to data stored and retrieved from within the company and is used in order to determine different strategies for success.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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3 years ago

Appalachian mountain goods has paid increasing dividends of $.10, $.12, $.15, and $.20 a share over the past four years, respect

ipn [44]

<span>the answer is 22.96 percent</span>

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4 years ago

The generic types of competitive strategies include:

Vlada [557]

Answer:

The correct answer is D

Explanation:

GCS stands for Generic Competitive Strategy, which is a methodology designed or created in order to provide the companies or firm with the strategic plan so that to gain as well as complete the advantage within the market place.

There are 2 kinds or types of the generic strategies in order to achieve or accomplish the above average performance in the industry, those are focus, leadership, cost and differentiation.

So, the generic kind of competitive strategies comprise of broad differentiation, focused differentiation strategies, focused low-cost, low-cost provider and best-cost provider.

7 0

3 years ago

QUESTION 16

seraphim [82]

E. CHARGES A HIGHER PRICE FOR ITS PRODUCT

Because of less substitution available and barriers to entry.

3 0

4 years ago

A fire destroyed a warehouse of the Goren Group, Inc., on May 4, 2021. Accounting records on that date indicated the following:

katrin [286]

Answer:

$1,190,000

Explanation:

The computation of cost of the inventory is given below:-

For computing the cost of inventory first we need to find out the cost of goods sold which is shown below:-

Cost of goods sold = Sales - Estimated gross profit

= $8,900,000 - ($8,900,000 × 20%)

= $7,120,000

Now, the Cost of the inventory = Beginning inventory + Purchase + Freight - Cost of goods sold

= $1,970,000 + $5,870,000 + $470,000 - $7,120,000

= $8,310,000 - $7,120,000

= $1,190,000

So, for computing the cost of the inventory we have applied the above formula.

3 0

4 years ago

Discuss the two main types bookkeeping may be completed. which method is easier and why​

Discuss the two main types bookkeeping may be completed. which method is easier and why