ACC 421 Experience Tradition / tutorialrank.com ACC 421 Experience Tradition / tutorialrank.com | Page 12

E3-14 ( Closing Entries ) Presented below is information related to Gonzales Corporation for the month ofJanuary 2014 .

P3-11 ( Cash and Accrual Basis ) On January 1 , 2014 , Norma Smith and Grant Wood formed a computer sales and service company in Soapsville , Arkansas , by investing $ 90,000 cash . The new company , Arkansas Sales and Service , has the following transactions during January .

Identify the items in the cash-basis financial statements that make cash-basis accounting inconsistent with the theory underlying the elements of financial statements .

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ACC 421 Week 3 Individual Wileyplus Assignment E5-5 , E5-

12 , E5-15 , E24-2 , E24-5

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ACC 421 Week 3 Answers

· Week 3 Solutions to E5-5 , E5-12 , E5-15 , E24-2 , E24-5

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ACC 421 Week 3 Team Assignment P4-4 , P18-2 , P18-8

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