Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 4 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 10 Sep 2017 My Price 5.00

controller of Brumley

(Learning Objectives 1, 2: Explain how accrual accounting differs from cash-basis accounting; apply the revenue and expense recognition principles) As the controller of Brumley Consulting, you have hired a new employee, whom you must train. She objects to making an adjusting entry for accrued salaries at the end of the period. She reasons, “We will pay the salaries soon. Why not wait until payment to record the expense? In the end, the result will be the same.” Write a reply to explain to the employee why the adjusting entry is needed for accrued salary expense.

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Maurice Tutor
(5)
Status NEW Posted 10 Sep 2017 06:09 PM My Price 5.00

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