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sergey [27]
3 years ago
8

Accrual accounting is used because Group of answer choices cash flows are considered less important. it provides a better indica

tion of ability to generate cash flows than the cash basis. it recognizes revenues when cash is received and expenses when cash is paid. none of these.
Business
1 answer:
Daniel [21]3 years ago
7 0

Answer:

The answer is B. it provides a better indication of ability to generate cash flows than the cash basis

Explanation:

Accrual basis of accounting is a method where revenue and expenses are recognized in the period the transaction occurs irrespective of whether cash is received or not at that period unlike cash basis accounting which recognizes revenue only when cash is received and payment only when cash is given out.

The importances are:

1. It gives an exact picture of the cash flow of the company

2.it provides a better indication of ability to generate cash flows than the cash basis

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The answer is judges.
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Assume Joe Harry sells his 25% interest in Joe's S Corp., Inc. to Tyrone on January 29. Using the specific identification alloca
WARRIOR [948]

Answer:

The $29,000 is the income which does harry report

Explanation:

Special identification allocation method: Under this method, the allocation is done on the basis of days, weeks, etc to know how much inventory is left on the particular date.

First we have to calculate the income of one day so that we can easily compute for the 29 days. The calculation is shown below.

One day income = Total income ÷ Number of days in a year

                            = $1,460,000 ÷ 365 days

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Now,the income is

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4 0
3 years ago
dia wants to improve her ____. her creative writing teacher suggest that she read genres of books that she usually finds dull​
Anton [14]

Answer:

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4 0
3 years ago
A 16-year, $1,000 par value zero-coupon rate bond is to be issued to yield 6 percent.
Solnce55 [7]

Answer:

a) $393.65

b) $458.11

c) $217.63

Explanation:

Given data:

16-year  ( n )

$1000 par value  ( FV )

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= 1000 / ( 1.06 ) ^ 16

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B ) when interest rate drops to 5% determine the value of the zero-coupon rate of bond

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C ) when interest rate increases to 10% determine the value of the zero-coupon rate of bond

=  Fv / ( 1 + R ) ^ n

=  1000 / ( 1.1 ) ^ 16

= 1000 / 4.5950 = $217.63

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2 years ago
N the united states, who initiates the process of medical care?
almond37 [142]
The process of medical care in the unites states starts with the health services or primary care provided at the individual, this may be a visit to a clinic or a hospital. This will either be paid for by the individual or the insurance they are currently in, it may be in a public insurance policy or a private insurance policy.
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