Hello, please help me with my part in my team assignment (due within 20 hours):Team B Week 3 Assignment Details and Break Down Exercise E3-2On numerous occasions, proposals have surfaced to put the federal government on the accrual basis of accounting. This is no small issue. If this basis were used, it would mean that billions in unrecorded liabilities would have to be booked, and the federal deficit would increase substantially.Instructions:(a) What is the difference between accrual-basis accounting and cash-basis accounting?=>Nicole(b) Why would politicians prefer the cash basis over the accrual basis?=>Nicole(c) Write a letter to your senator explaining why the federal government should adopt the accrualbasis of accounting.=>Patrick Problem P3-2A Instructions:(a) Journalize the adjusting entries on August 31 for the 3-month period June 1–August 31.=>Brian (b-part 1) Prepare a ledger using the three-column form of account. =>Brian (b-part 2) Enter the trial balance amounts and post the adjusting entries. (Use J1 as the posting reference.) (c) Prepare an adjusted trial balance on August 31. =>Anita (d-part 1) Prepare an income statement and a retained earnings statement for the 3 months ending August 31 and a balance sheet as of August 31. Nyeasha (d-part 2) Prepare an income statement and a retained earnings statement for the 3 months ending August 31 and a balance sheet as of August 31. Nyeasha (d-part 3) Prepare an income statement and a retained earnings statement for the 3 months ending August 31 and a balance sheet as of August 31. My part is:(b-part 2) Enter the trial balance amounts and post the adjusting entries. (Use J1 as the posting reference.) (d-part 3) Prepare an income statement and a retained earnings statement for the 3 months ending August 31 and a balance sheet as of August 31.
Hello, my name is XXXXX XXXXX X am happy to help with these questions.Attached is an excel document that provides the full info for the P3-2A question where it seems like your parts are. You might need to change some numbers in the original problem to have it update since you did not provide the data set but I am assuming it is still the same as this model one.CLICK HERE for the file.All the best in your studies. Feel free to request me anytime for your business homework needs.:-)
M.A., M.S. Education / Educational Administration
Thank you very much!!
No problem. Please be sure to rate my answer or I do not receive credit for my help.:-)
I have final test. can you help please?
Good morning. I would be happy to take a look at the final.Can you post a copy of it using my question box at my weblink:www.GregPearl.comJust put "For Greg Only" and post it being a final. We can then arrange a time to start (in case it is a timed one today).I look forward to helping you on the final.:-)
Hi, I have to open the link for 2,5 hours only.
I can copy the questions and post it here for you.
is it OK?
It would be better to post on a new link as we already have an accept on this question and JA policy is to only have one question (or set of them) answered on each question thread.If you open a new question thread and put "For Greg" at the front along with the questions, I will get started on them ASAP.:-)
Ok, I will open the linke now. Are you ready?
Sure thing... You said 2 1/2 hours.... ready to go.:-)
I have opend the link and posted the quesitons..
I will wait for you..
Hi sir, I have final test.can you help me please?
What is the time frame for the test? Do you know how many questions? Time limit?
Hi, thenk you for your response and sorry for late. I am ready now. Are you around?