ACCT 303 Wk 8 Accounting Policies Paper & Share Based Compensation
https://homeworklance.com/answers/acct-303-wk-8-accounting-policies-paper-share-based-compensation/
We do custom work 100% original and plagiarism free .If you need help in any assignment just send us requirements with a time limit ,we will quote a price and after your confirmation ,we start working on your assignment .An original work ready for submission provided to you . Email us your requirements at Info.homeworklance@gmail.com
ACCT 303 Wk 8 Accounting Policies Paper & Share Based Compensation
ACCT303 FORUM
In this discussion, please reflect on the previous weeks’ topics. Choose a topic you found to be difficult or hard to understand. Research this topic and present your findings. Include a summary of the topic, why you found the topic to be difficult, and what you learned after conducting the research. TOPIC: Share-Based Compensation.
Week 8 Paper (Final Assessment)
Ray Solutions decided to make the following changes in its accounting policies on January 1, 2016:
a.
Changed from the cash to the accrual basis of accounting for recognizing revenue on its service contracts.
b.
Adopted straight-line depreciation for all future equipment purchases, but continued to use accelerated depreciation for all equipment acquired before 2016.
c.
Changed from the LIFO inventory method to the FIFO inventory method.
Required:
For each accounting change Ray undertook, indicate the type of change and how Ray should report the change. Be specific.