Assignment:
• Show research on the matter that is properly cited and referenced according to APA with references
• Your posts that you want to count toward your substantive participation grade should be at least 100-150 words of each one of the following subjects:
1. Explain revenue and expense recognition principles.
2. Differentiate between the cash and accrual methods of accounting.
3. The Accounting Information System - What criteria are considered when identifying a business transaction?
4. The Accounting Information System - How are debits and credits used to record these transactions?
5. Accrual Accounting Concepts - What is the theory behind the matching principle?
6. Accrual Accounting Concepts In what method of accounting, accrual or cash, does the matching principle apply?
7. Cash V. Accrual Accounting - What are the differences between the cash and accrual methods of accounting?
8. Cash V. Accrual Accounting - Explain the benefits of each for business.