Briefly differentiate between activity-based and time-based allocation methods.
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 61% (13 reviews)
Activitybased allocation methods estimate service life in terms of some m...View the full answer
Answered By
Muhammad Ahtsham Shabbir
I am a professional freelance writer with more than 7 years’ experience in academic writing. I have a Bachelor`s Degree in Commerce and Master's Degree in Computer Science. I can provide my services in various subjects.
I have professional excellent skills in Microsoft ® Office packages such as Microsoft ® Word, Microsoft ® Excel, and Microsoft ® PowerPoint. Moreover, I have excellent research skills and outstanding analytical and critical thinking skills; a combination that I apply in every paper I handle.
I am conversant with the various citation styles, among them; APA, MLA, Chicago, Havard, and AMA. I also strive to deliver the best to my clients and in a timely manner.My work is always 100% original. I honestly understand the concern of plagiarism and its consequences. As such, I ensure that I check the assignment for any plagiarism before submission.
4.80+
392+ Reviews
587+ Question Solved
Related Book For
Intermediate Accounting
ISBN: 9781259722660
9th Edition
Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
Question Posted:
Students also viewed these Accounting questions
-
Briefly differentiate between the straight-line depreciation method and accelerated depreciation methods.
-
Briefly differentiate between the sell-side marketplace and the buy-side marketplace.
-
Differentiate between vertical and horizontal communication. Identify major methods used in your college or university for downward communication from senior administrators to students and for upward...
-
On July 31, 2019, the balances of the accounts appearing in the ledger of Serbian Interiors Company, a furniture wholesaler, are as follows: Prepare the July 31, 2019, closing entries for Serbian...
-
Predict the mononitration products of the following aromatic compounds. (a) p-methylanisole (b) m-nitrochlorobenzene (c) p-chlorophenol (d) m-nitroanisole (e) (f) NH-C-CH CH o-methylacetanilide CHCNH...
-
Calculate the pH of a solution that is 0.0400 M in *(a) Na3PO4. (b) Na2C2O4. *(c) Na2HPO3. (d) Na2SO3. *(e) Na2S. (f) C2H4(NH3+CI-)2.
-
If you were a foreign firm, would you consider doing business in Indonesia? L01
-
Rivera, Sampson, and Elliott are partners in a commercial plumbing business. Rivera and Sampson have also started another contracting company and have cash flow needs which require periodic...
-
For which of the following would a job order cost system be approprlate?: * a . Steel manufacturer b . Gasoline refiner c . Paper manufacturer d . Newspaper publisher e . Custom home builder On...
-
1. Why are a needs assessment and ongoing training important for firms like Whirlpool to conduct? 2. Is focusing on training managers and supervisors prior to training rank-and-file employees a good...
-
What is meant by depreciable base? How is it determined?
-
Why are time-based depreciation methods used more frequently than activity-based methods?
-
What is a normal probability plot and how is it used?
-
Based on contract law principles, do you think the jury\'s verdict against the Loewen Group for $ 5 0 0 million was appropriate? Why or why not? What factors should the jury have considered in...
-
5.) Consider you have two systems - one filled with (1kg) water and the other with (1kg) of air. Both systems are at 1000 kPa and 30 C. Determine numerically which fluid system has the larger...
-
Question 3: The partnership of Blossom, Blue, and Kingbird engaged you to adjust its accounting records and convert them uniformly to the accrual basis in anticipation of admitting Kerns as a new...
-
Instructions : Build an Excel spreadsheet using the accounting equation (Assets = Liabilities + Shareholders' Equity). Remember that each transaction has an equal effect on both the left-hand side...
-
7.3 Fill in the spreadsheet below to calculate the port- folio return and risk between Zenon and Dynamics, given the 10 years of annual returns for each stock and portfolio weights of 50/50. (a) How...
-
What have you learned during your studies about a states accounts?
-
Consider a closed, rigid tank with a volume of 0.8L, filled with cold water initially at 27C. The tank is filled such that there are no voids (air pockets) within. The initial pressure within the...
-
What are the three levels of culture, and how do they operate?
-
Indicate how well the percentage-of-sales method and the aging method accomplish the objectives of the allowance method of accounting for bad debts.
-
Of what merit is the contention that the allowance method lacks the objectivity of the direct write-off method? Discuss in terms of accountings measurement function.
-
Of what merit is the contention that the allowance method lacks the objectivity of the direct write-off method? Discuss in terms of accountings measurement function.
-
Saly paid $52,000 a year paid on a weekly basis. last pay she had $250 withheld in Income Tax, $48.97 for CPP and $15.80 for EI. an additional $and 25.00 in tax are deducted each pay. She allowed to...
-
Required information [The following information applies to the questions displayed below.] Dain's Diamond Bit Drilling purchased the following assets this year. Asset Drill bits (5-year) Drill bits...
-
Which of the following partnership items are not included in the self-employment income calculation? Ordinary income. Section 179 expense. Guaranteed payments. Gain on the sale of partnership...
Study smarter with the SolutionInn App