Required: Submit a word document, in a professional email format, that answers the following:
Understand the reporting effect: What is the effect on income before taxes of the change requested by the controller.
Specify options. If you do not make the change, how would the additional $45,000 of Allowance for Uncollectible Accounts effect total assets?
Identify the impact: Are investor and creditors potentially harmed by the controller’s suggestion?
Make a decision: Should you follow the controller’s suggestion?
ACCEPTABLE LENGTH
Submit a professional email that is one page
FORMATTING REQUIREMENTS
Recipient
Sender
Subject line
Professional Greeting
12 point New Times Roman font