What are some of the typical accounts that are affected by this type of adjusting entry?

DQ 1-2 Discussion Questions each needs a Reference and minimum of 250 Word Count. Currently, the two major sets of rules related to accounting are Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS). How do the two systems differ? How are they similar? Do you think that GAAP and IFRS should converge? […]

Does it solve the problem in an innovative way? Is it incorporating a different or innovative approach in the sector to tackle societal challenges?

Description Structure: Two-page review for an existing Social Business initiative: TOMS Shoes: One for One Goal: To research different Social Business initiatives; To evaluate different aspects relevant for a Social Business. Part A: Social Impact Dimension (max. 70 points) Aim: Does the enterprise set for itself the aim of achieving social impact? (up to 10 […]

What are the revenue and spending implications of the COVID-19 pandemic for this university? Be specific. How has the cost of service changed?Explain.

In the spring semester, this university moved to distance teaching as students were told to leave the campus. The summer semester was all online. This fall semester this course and many others are online only while other courses are planned in some type of hybrid format (as of mid-August when this was written). Dorms, campus […]

Create a list of accounts (essentially a chart of accounts) that your restaurant would have for accounting (and operating) purposes. The list should contain assets, liabilities, revenues, and expenses.

1. Decide on a restaurant that you have recently visited. My suggestion is to pick a locally owned restaurant; however, feel free to select any restaurant. 2. Think about your recent visit to the restaurant from step 1. 3. Think about the various accounts that the restaurant would have/need to operate and how they would […]