Accounting, Sociology, and Business law Discussion all included in one homeowork post.
That's three different discussions for three dollars a piece a total of $9 dollars.
Assigment is for protoje.
Accounting
Watch Accounting WITT's video titled "Cash and Accrual - Conceptual":
Click here to open the video in a new window.
Based on the video, explain two (2) advantages and two (2) disadvantages in using both the cash and the accrual basis of accounting.
Then, determine the one (1) that you believe provides the most useful financial information to users.
Identify at least two (2) types of businesses that would benefit by preparing financial statements using either the cash or accrual basis of accounting.
Justify your response.