Question Details

ACCT 495 Assignment 6-1: Year Two Group Paper
50 points

Purpose
To assess your ability to:
•	recommend year-end financial statements and disclosure notes
•	analyze deferred taxes
•	calculate property depreciation (fractional and tax depreciation methods)
•	assess accounting for bad debts
•	evaluate treatment of notes payable (amortization schedules and expense accruals)
Overview
To accomplish this assignment, you will be producing an assignment that is structured utilizing the I.R.A.C. method. As a reminder, I.R.A.C. is an acronym for:
1.	Issue(s)
2.	Rule(s)
3.	Analysis
4.	Conclusion