Order
 

1(888) 302 2271 1(877) 741 7256

Essay

Fundamentals of Financial Statements

Essay specific features

 

Issue:

Business

 

Written by:

Richard J

 

Date added:

April 19, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 801

 

Was viewed:

3932 times

 

Rating of current essay:

 
Essay content:

Additionally, this paper differentiates and explains information reported on the balance sheet and the income statement as a result of the transactions. Finally, this paper identifies and describes three accounting concepts which were a challenge while running the simulation. During the simulation preliminary transactions were conducted for business set-up resulting in entries to the balance sheet...
displayed 300 characters

Custom written essay

All essays are written from scratch by professional writers according to your instructions and delivered to your email on time. Prices start from $10.99/page

Order custom paper

Full essays database

You get access to all the essays and can view as many of them as you like for as little as $28.95/month

Buy database access

Order custom writing paper now!

  • Your research paper is written
    by certified writers
  • Your requirements and targets are
    always met
  • You are able to control the progress
    of your writing assignment
  • You get a chance to become an
    excellent student!

Get a price guote

 
 

Starting in December however, $10,000 in supplies was used in the form of an operating expense to generate $21,000 in revenue. This cash transaction demonstrated the concept of matching revenue and expense by producing a net gain which was reported on the income statement as net income of $11,000. Additionally, this transaction resulted in a balance sheet annotation which included an increase in assets, a decrease in supplies, and an increase of $11,000 in owner's equity...
displayed 300 characters

General issues of this essay:
ACC 529 Fundamentals of Financial Statements Simulations Fundamentals of Financial Statements Fundamentals of Financial Statements Fundamentals of Financial Statements Informix Revenue Recognition Lucent Technologies-Revenue Recognition Case Revenue Recognition Associated with Frequent Flier Miles Revenue Recognition Policy Revenue Recognition at EA Revenue Recognition for McDonald's Corporation Revenue Recognition The ISAB argues that the accruals and going concern concepts are key underlying assumption in the preparation of financial statements. Discuss the problems for companies in applying these accounting concepts and explain why other concepts might al... comparison of Medtronic's financial statements to Baxter's financial statements Fundamentals of Financial Statements Revenue Recognition
 

Related essays:

x
Services