This is a graded discussion forum. Your first message should be posted by Wednesday. At least 2 comments to other student’s posts are required plus responding to any instructor questions. The best practice is to post at the beginning, middle, and end of the week.
The Week 3 Discussion
You must use the APUS library to research this topic and post a reference at the end of your initial post.
Answer the following questions.
What are the differences between cash and accrual basis accounting?
Explain the major differences between the 2 methods.
Pick one example of a business transaction that involves performing a service and then collecting the cash at a later date. I suggest you construct a revenue transaction where the sale in one month and the receipt of cash in the next month.
Your example must be recorded differently under the 2 methods.
Use Journal entries with dates and amounts to show when and how the traction would be recorded Under the cash basis of accounting.
Use Journal entries with dates and amounts to show when and how the traction would be recorded Under the accrual basis accounting.
This is the format you need to use.
1 7/1/2022 Debit account goes here 111 Debit amount
Credit account goes here 311 Credit amount
Discussion Guidelines
Discussion Guidelines
- WE OFFER THE BEST CUSTOM PAPER WRITING SERVICES. WE HAVE DONE THIS QUESTION BEFORE, WE CAN ALSO DO IT FOR YOU.
- Assignment status: Already Solved By Our Experts
- (USA, AUS, UK & CA PhD. Writers)
- CLICK HERE TO GET A PROFESSIONAL WRITER TO WORK ON THIS PAPER AND OTHER SIMILAR PAPERS, GET A NON PLAGIARIZED PAPER FROM OUR EXPERTS
QUALITY: 100% ORIGINAL PAPER – NO PLAGIARISM – CUSTOM PAPER
Why Choose Us?
- 100% non-plagiarized Papers
- 24/7 /365 Service Available
- Affordable Prices
- Any Paper, Urgency, and Subject
- Will complete your papers in 6 hours
- On-time Delivery
- Money-back and Privacy guarantees
- Unlimited Amendments upon request
- Satisfaction guarantee
How It Works
- Click on the “Place Your Order” tab at the top menu or “Order Now” icon at the bottom and a new page will appear with an order form to be filled.
- Fill in your paper’s requirements in the “PAPER DETAILS” section.
- Fill in your paper’s academic level, deadline, and the required number of pages from the drop-down menus.
- Click “CREATE ACCOUNT & SIGN IN” to enter your registration details and get an account with us for record-keeping and then, click on “PROCEED TO CHECKOUT” at the bottom of the page.
- From there, the payment sections will show, follow the guided payment process and your order will be available for our writing team to work on it.
About AcademicWritersBay.com
AcademicWritersBay.com is an easy-to-use and reliable service that is ready to assist you with your papers 24/7/ 365days a year. 99% of our customers are happy with their papers. Our team is efficient and will always tackle your essay needs comprehensively assuring you of excellent results. Feel free to ask them anything concerning your essay demands or Order.
AcademicWritersBay.com is a private company that offers academic support and assistance to students at all levels. Our mission is to provide proficient and high quality academic services to our highly esteemed clients. AcademicWritersBay.com is equipped with competent and proficient writers to tackle all types of your academic needs, and provide you with excellent results. Most of our writers are holders of master’s degrees or PhDs, which is an surety of excellent results to our clients. We provide assistance to students all over the world.
We provide high quality term papers, research papers, essays, proposals, theses and many others. At AcademicWritersBay.com, you can be sure of excellent grades in your assignments and final exams.
