The Accrual basis of accounting is far superior to the Cash basis of accounting. Discuss. The difference between accrual and cash basis of accounting is cash basis accounting recognizes revenues and expenses depends upon on timing. Cash basis accounting is simple‚ recognizes revenues when cash is received and recognizes expenses when cash is paid out only. It does not record accounts payable or receivable. For example‚ paid a service invoice on Feb‚ the expenses will be recognized as expenses on
Premium Generally Accepted Accounting Principles Accounts receivable Income statement
“Dear Boy” Analysis Lord Chesterfield’s seems to have a condescending and almost ironic tone in a letter to his son. Starting out his letter‚ Lord Chesterfield writes‚ “Dear Boy” (pre-line 1). This phrase gives the vibe that he is trying to stay superior to his son by calling him “boy” instead of son. He may feel as if he does not have enough power over his son‚ and this may improve his feelings about the matter. Later on in the letter he tries to put the burden of how kind his father will treat
Premium Family Poetry English-language films
Washington D.C. is not a state‚ but nonetheless has its own court hierarchy. Initial criminal and civil complaints are filed at D.C. Superior Court. Unlike other states‚ Washington‚ D.C. has a smaller jurisdiction‚ and if a case is appealed it is brought to the D.C. Court of Appeals. Other jurisdictions usually have two levels of appellate courts. The case I observed at D.C. Superior Court was‚ 2016 DVM 1603‚ US v Dominguez. It was a criminal sentencing hearing on September 11‚ 2017. However‚ if someone without
Premium United States Court Appeal
The essay Why Chinese Mothers Are Superior‚ by the recognized lawyer and author‚ Amy Chua‚ is an essay that as the title might suggest‚ talks about why the Chinese way of raising children is an improved and preferable way of parenting compared to the “Western” style. Daughter of two successful and very strict Chinese immigrants to the United States‚ Chua herself was raised under the severe stereotypical Chinese way of parenting. She earned her credibility‚ and the “right” to talk about this subject
Premium Childhood People's Republic of China Chinese language
7-eleven‚ Circle K and VanGo. Their products become substitute of supermarket. Convenience stores selling some Fast Moving Consumer Goods (FMCG) like soft drinks‚ dairy products‚ packaged foods. Those FMCG are also sold by supermarkets. Many people buy raw food like fresh vegetables and fresh meat to cook at home. So another substitute are food of restaurants. Also‚ products of bakery are a substitute of bread in supermarket. In addition‚ most of the local pharmacies selling medicine‚ personal
Premium Supermarket Retailing Milk
The growth of supermarkets does however have some benefits for competition. Firstly‚ due to the uniformity of products‚ prices are easily comparable across stores for consumers. This means they can compare pricing strategies of different supermarkets and see which has the most competitive pricing‚ therefore get the best deal available to them‚ increasing competition and allowing consumers to make a more informed choice when buying. Prices of commodities do not fluctuate a lot because of this‚ as
Premium Marketing Tesco
Critical assessment of annual report of Wm Morrison Supermarkets Plc Word count: 1711 words Table of Contents Introduction 3 1.0 Overview of the Annual Report of Morrisons 4 2.0 Performance and Strategy Review 4 3.0 Governance 7 4.0 Reliability of the Annual Report of Morrison 8 5.0 Conclusion 8 References: 9 Introduction An annual report is a portrait of the business of a firm. In fact‚ it is the most important way for a company to
Premium Corporate governance Management Board of directors
around; after I had stomped on the essay The Truth About M&M. The essay describes the varieties of students that usually sign up for English College Composition class at Lake Superior College. The Truth About M&M was written and published by Steve Dalager. Steve is a professor‚ and an English Composition instructor at Lake Superior College in Duluth‚ Minnesota. Professor Steve taught High School English in Bismarck‚ North Dakota‚ and Shiprock in New Mexico. In addition‚ Professor Steve has a Master’s
Premium High school College Education
Growing up‚ having more than one ethnic background can have a bittersweet effect on one’s life. Amy Chua‚ author of “Why Chinese Mothers Are Superior”‚ is a prime example of a woman that has one ethnic background. Chua is a mother who gave birth to two daughters and she raised her children as a typical Chinese woman would. She has one voice and she does not stray away from it‚ even though she is living in the USA. Zadie Smith‚ author of “Speaking in Tongues”‚ has a British father and a Jamaican
Premium Ethnic group Ethnic groups Race
1 TABLE OF CONTENTS 1 INTRODUCTION 4 2 THEORETICAL DISCUSSION 4 2.1 INVENTORY 5 2.2 PRICING AND ASSORTMENT 5 2.3 WHY PLACE SO MUCH EMPHASIS ON MERCHANDISE MANAGEMENT 6 2.3.1 Interception Rate 7 2.3.2 Shopper Syndromes 7 2.3.3 Children as Shoppers 7 3 METHOD APPLIED 8 3.1 Direct (Reactive) Observation 9 3.1.1 Continuous Monitoring: 9 3.1.2 Time Allocation: 9 3.2 Unobtrusive Observation 10 3.2.1 Behaviour Trace studies: 10 3.2.2 Disguised Field Observations: 10 3.3 Conclusion 10 4 OBSERVATIONS
Premium Retailing Brand Cheese