Thank you very much. You did an excellent job on the power point presentation. Thanks!
Week 2 Discussions and Required Resources
Part 1 and Part 2 must be at least 200 words
Part 1: Debits and Credits
Define debits and credits and explain how they are used to record business transactions. Is it true that debits always increase and credits always decrease? Why or why not?
Part 2: Revenue & Expense
Review the section called “Investor Insight” in Chapter 3 (chapter attached as a PDF) of your text which shows the major revenue and expense accounts of the Chicago Cubs baseball team. Considering the huge increase in professional baseball players’ salaries in the last decade, what do you think has happened to total expenses and net income of professional baseball teams? If net income has not decreased, what has been done to offset the higher salaries? Should fans be expected to pay higher prices for ‘America’s national pastime’ to help offset the costs of higher salaries?
Kimmel, P. D., Weygandt, J. J., & Kieso, D. E. (2016). Financial accounting: Tools for business decision making (8th ed.). Retrieved from https://content.ashford.edu/
· Chapter 3: The Accounting Information System
· Chapter 4: Accrual Accounting Concepts
(Chapters 3 & 4 are in the attachments for the assignments)
Textbook Student Companion Site (http://bcs.wiley.com/he-bcs/Books?action=index&itemId=1118953908&bcsId=9831)
· Review the PowerPoint presentations for Chapter 3 and Chapter 4 found on the textbook publisher’s website. (Chapters 3 & 4 PowerPoints are in the attachments for the assignments).
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more