Need Help With Accounting Homework Answers?
Recently Asked Accounting Assignment Help Questions and Answers
College Accounting Homework Help Online, Assignment Helpers, Answers
Help With College Accounting Answers
Are you looking to pay someone to do accounting homework for you? Don't look any further? Our platform provides help to students with all the accounting questions, whenever and wherever they need it. First things first, though, what's accounting?
Well, accounting is the processing, measurement, and communication of both non-financial and financial information about economic entities such as corporations and businesses.
A brief history of the practice takes back to thousands of years ago, in the ancient civilizations in Mesopotamia. It has close relations to the developments of money, writing, and counting. Shreds of evidence of bookkeeping also link it to ancient Iran. But its double-entry bookkeeping first came from the Jewish community of the early-medieval Middle East and was later further refined in medieval Europe.
So accounting has been part of human civilization and has no signs of leaving! Anything that involves value needs accounting. That's why students seeking cheap assignment answers come from every field of study.
Types of Accounting Assignment Answers you can ask for help with
There are several types of accounting or accounting exam help with a broader range of auditing and also in the preparation of tax returns. Each accountant tends to specialize in a given field, leading to different career tracks. So, accounting homework answers that you seek may be any of the following:
Financial accounting answers – relate to the questions concerned with the combination of financial information into exterior reports. Financial accounting requires detailed knowledge of the accounting framework that is used by the readers of a given company's record or statements.
Public accounting answers – deals with the investigation of the financial statements and the supporting of the accounting systems of client companies. The solutions arise from questions that seek assurance of the accuracy of financial statements that are somewhat assembled by the clients. Students with these lines of questions progress through various audit staff positions to become an audit partner.
Government accounting answers – provides a unique framework to manage and create funds by the governments. Such solutions look at how the government units disburse cash to cater to several expenditures that relate to the provision of services.
Forensic accounting answers – Here, the question doesn't provide a complete set of financial records, and so the assignment writers have to reconstruct the financial information. In most cases, the skill comes in handy when a business has lost its files. Students involved in this type of accounting are most likely to be posted in the insurance industry.
Management accounting assignment answers – Most often preoccupied with assignment questions relating to the process of the accumulation of accounting information. Managerial accounting deals with external operation reporting and includes areas such as target costing and cost accounting.
Accounting has a list of rules which are essentials that guide the field. We use these principles in every step in answering every assignment question. These principles of accounting are:
- Revenue recognition principle – mainly concerned with acknowledging revenue in the income statement of an enterprise.
- Historical cost principle – dictates that an asset we record an asset at the price the owner paid to acquire it. This price becomes the source for the accounts during the period of acquisition and subsequent accounting periods.
- Matching principle – Here, the expenses incurred in an accounting period should be matched with the revenues recognized in that period.
- Full disclosure principle – the financial statement must disclose all the relevant and reliable information that they purport to represent. Without observing this rule, the data may not be useful.
- Objectivity principle - the answers should be specific, verifiable, and free from the personal bias of the accountant.
Why Students Need To Pay For Accounting Answers Online
There are so many reasons why students need help in providing questions and answers. But we summarise them as follows:
- Lack of knowledge
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