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
gayaneshka [121]
4 years ago
12

Cash-basis vs. accrual-basis accounting?

Business
1 answer:
ki77a [65]4 years ago
4 0
The cash<span> method accounts for revenue only when the money is received and for expenses only when the money is paid out. On the other hand, the </span>accrual<span> method accounts for revenue when it is earned and expenses goods and services when they are incurred. ... </span>Accrual<span> accounting is the most common method used by businesses.</span>
You might be interested in
Which one of the following is the financial statement that summerizes a firms revenue and expenses over a period of time?
Aneli [31]

Answer:

income statement is correct

5 0
4 years ago
A change in money income of consumers will
Juli2301 [7.4K]

It depends on which way it goes. If the supply increases and prices stay the same, the disposable income increases in a meaningful way. That condition will cause the Fed either to raise interest rates, or the price of goods will respond to the increased demand or a third alternative could be that manufacturers will increase production (not very likely but it could happen).

If the supply of money decreases (by people being laid off for example) then the opposite of all the events listed above will or can occur. The fed could become more accommodating and lower interest rates. The price of good will decrease unless manufacturers increase their inventory (which not really healthy for an economy) or they could decrease production which will further decrease the labor force which will put the economy in an endless vicious cycle -- one no one wants.

4 0
3 years ago
Nutsm = wut tell me<br> ddfghdjhdsdsfsfsdfdfs
OLga [1]

Answer:

Hmmm..

Explanation:

6 0
3 years ago
The difference between your sales and your cost of goods sold is known as your what
Anettt [7]

Answer:

profit.

Explanation: its just right

8 0
3 years ago
Comparing the life of a company president or ceo with a dishwasher or taxi driver shows us glaring examples of ______.
Ksenya-84 [330]

Comparing the life of a company president or ceo with a dishwasher or taxi driver shows us glaring examples of social inequality.

<h3>What exactly is socioeconomic inequality?</h3>

Social inequality is defined as a scenario in which certain citizens of a country, a region, a section of the world, or both, are disparately or disadvantaged from others who are unfairly privileged. Logically speaking, it is the polar opposite of social equality.

Modern civilizations struggle with social inequality, which is a result of the uneven development of different parts of the world and the imposition of particular ideologies or human value judgments on some people over others. In fact, social inequality is the root of discrimination, which is the practice of treating individuals who are weaker than others in terms of their morals, social standing, or economic standing differently.

To know more about social inequality visit:

brainly.com/question/27164458

#SPJ4

5 0
2 years ago
Other questions:
  • On December 1, 2019, Ral received advance rental of $27,000 from a tenant for a three-year lease commencing January 1, 2020 to c
    7·1 answer
  • Northwest Fur Co. started 2021 with $110,000 of merchandise inventory on hand. During 2021, $540,000 in merchandise was purchase
    15·1 answer
  • On July 1, 2015, Friedman Inc. invested $717,963 in a mine estimated to have 806,700 tons of ore of uniform grade. During the la
    10·1 answer
  • In 1924, austin cooper made an interesting foray into the use of pure geometric shape and ____________ to solve a communications
    9·1 answer
  • Drive-in-Style Motors follows a traditional manufacturing system. It produces a fixed number of cars every month. It is now plan
    13·1 answer
  • The aggregate demand curve indicates the relationship between
    6·1 answer
  • When prioritizing goals, how should you order them?
    11·1 answer
  • Determine whether the events e and f are independent or dependent. justify your answer. ???(a) ???e: a person attaining a positi
    5·1 answer
  • Beginning inventory for the month contained 3,000 units that were 35% complete with respect to materials. 57,000 units were comp
    15·1 answer
  • Select the correct answer.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!