Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. please answer the following questions, thanks! a.

Please answer the following questions, thanks! a. Why do major companies use accrual accounting? b....

60.1K

Verified Solution

Question

Accounting

Please answer the following questions, thanks!

a. Why do major companies use accrual accounting? b. Do you think that the owner of the food stand on 45th and Fifth Avenue used accrual accounting or the other type of accounting? c. What is the other type of accounting?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Algebra
1.2K views

Extend look at the equation What other value of x would make the equation true...

Basic Math
1.2K views

al This table shows the number of lorries passing a checkpoint each hour between 6...

Medical Sciences
1.2K views

Stem cells therapies have been used for decades for treatment of various neurological conditions. Please discuss...

General Management
1.2K views

Question text Top Notch software has a customer who isn't happy with their service. The issue with...

Accounting
1.2K views

CASE STUDY USING EXCEL SPREADSHEET You work for Theo Walcott Tours Ltd which provide tourists and...

Basic Math
1.2K views

Consider the following 1 1 V M22 B 0 1 1 Complete the following statements...

Algebra
1.2K views

Identify the type of correlation between the price and the quantity supplied of six items...

Accounting
1.2K views

What's the formula for calculating the cost of goods sold for a merchandiser that works...

Accounting
1.2K views

Mackensie owns a condominium in the Great Smokey Mountains. During the year, Mackensie uses the...

Accounting
1.2K views

A company produces three products, and is currently facing a labor shortage; only 4,800 hours...

Finance
1.2K views

1-month call and put price for European options at strike 108 are 0.29 and 1.70,...

Accounting
1.2K views

May 1 $(3,000) $0 Part 2 May 5 $(800) $(800) Part 3 May 9 $2,400...