BizCon’s Cash and Accrued Accounting Finance, SPSS Case Study (Case Study Sample)
The assignment aimed to observe the application differences of cash and accrued accounting. The instructions required the paper's presentation to apply conventional business memorandum format.source..
BizCon’s Cash and Accrued Accounting
To: BizCon Management
From: Senior Accountant
Re: Deferred Wage Payment
Date: March 20th, 2020
BizCon is facing low liquidity despite the registered positive income accounted for by accrual accounting for large clients while all the expenses apply cash accounting. Therefore, the company will postpone salary payments to the first week of the following month.
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