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Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 402 Weeks Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
1. Why is the revenue recognition principle needed? What does it demand?
2. Describe the three basic forms of business organization and their key attributes.
3. Define (a) assets, (b) liabilities, (c) equity, and (d) net assets.
4. What events or transactions change equity?
5. Identify the two main categories of accounting principles.
6. What do accountants mean by the term revenue?
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