Analysis the case below

In this case, you will be required to research an accounting issue and identify the appropriate accounting.

Content Requirements:

The document you submit should be in the form of a professional memo.

The memo should begin with an executive summary that briefly describes the issue, the relevant GAAP, and the conclusion.

The body of the memo should clearly identify the issue and explain the issue in a clear and concise way.It should also identify the alternatives available for accounting for the transaction.It should identify relevant facts.It should identify relevant GAAP and discuss how GAAP is applied in the specific situation.Finally, it should provide a clear conclusion (i.e. selected alternative and basis for selecting that alternative).