The Week 3 Discussion consists of two topics. (1.) What are the differences between cash and accrual basis accounting? Provide an example of each. (2.) Accrual accounting requires adjusting entries. Provide an example of an adjusting entry.
Week 6 Assignment Instructions Answer these questions in a 1 to 2-page paper. 1. You have just won the Strayer Lottery jackpot of $11,000,000. You will be paid in twenty-six equal annual installments beginning immediately. If you had the money now, you could invest it...
Worksheet 1 – 2021 and 2022 Financial Statements There are no computations required on this worksheet. It is background information only. Worksheet 2 – Financial Statement Analysis (30 points) 1. Research: Locate the Industry Financial Information. a. Enter this...
Complete the Budget in a Service Company (Cash Budget) assignment. Please use the template provided below. The assignment has 2 parts. Part 1 – Complete the budget Hint: The 2-month budget should start with the January beginning balance and the February ending...
Do you think the same person who receives cash payments should also prepare the bank reconciliation? Give at least one reason to support your answer. Identify a company, business, or organization in your community (it can be one for which you work), and share some...
Write a 5-6 page paper in which you: Describe a selected company, its operations, and its associated industry and evaluate these areas to develop a financial risk mitigation plan. Evaluate at least three types of financial fraud common to the selected company and its...