90.2K

Verified Solution

Link Copied!

Accruals and deferrals can vary for each company. The adjusting entries for a service company will differ from those of a merchandising company. Brainstorm the adjusting entries' similarities and differences for a service company and a merchandising company. In order to earn full credit on the assignment, you must post both your own write- up and respond to another student's write-up. Your write-up should be one to three *short* paragraphs in length (depending on the nature of the Discussion question), and should address the Discussion within the context of the manufacture of your approved product. The other half of the Discussion grade comes from your answer to someone else's write-up. Unless the instructions for the Discussion say otherwise, your response may take one of two forms: 1. State three ways in which you agree and/or disagree with original poster's answer, and provide support for your answer [i.e. "I disagree about variable costs." is not a supported answer, whereas, "I agree that the ice cream shop should include ice cream, cones, and cone wrappers in its variable cost calculations, since those costs change as the number of ice cream cones produced changes." is.] 2. Compare and contrast your answer regarding your product to that person's answer regarding their product.

Accruals and deferrals can vary for each company. The adjusting entries for a service company will differ from those of a merchandising company. Brainstorm the adjusting entries' similarities and differences for a service company and a merchandising company. In order to earn full credit on the assignment, you must post both your own writeup and respond to another student's write-up. Your write-up should be one to three "short" paragraphs in length (depending on the nature of the Discussion question), and should address the Discussion within the context of the manufacture of your approved product. The other half of the Discussion grade comes from your answer to someone else's write-up. Unless the instructions for the Discussion say otherwise, your response may take one of two forms: 1. State three ways in which you agree and/or disagree with original poster's answer, and provide support for your answer [i.e. "I disagree about variable costs." is not a supported answer, whereas, "I agree that the ice cream shop should include ice cream, cones, and cone wrappers in its variable cost calculations, since those costs change as the number of ice cream cones produced changes." is.] 2. Compare and contrast your answer regarding your product to that person's answer regarding their product

Answer & Explanation Solved by verified expert

See Answer