This Website Has Been Moved to a New Link


Loading

The Johnny Flowers Law Firm uses a client database.

Price: $1.99


The Johnny Flowers Law Firm uses a client database. Suppose Johnny Flowers paid
$2,900 for a computer.

Requirements

1. Describe how the business should account for the $2,900 expenditure under

a. the cash basis.

b. the accrual basis.

2. State why the accrual basis is more realistic for this situation.

No comments:

Post a Comment