Please help me for the questions.

GIVE MORE DETIALS AND EXPLAINS IS BETTER!

All ACCOUNTING ASPECTS, OPERATION ASPECTS AND MANAGEMENT ASPECTS ideas ARE BETTER!

I will use it for presentation. Thank you!

Here$is$the$information$about$company$ABC.$Please$consider$why$the$company$made$ the$accounting$choices?$What$modifications$would$be$necessary$for$the$company's$ financial$ statements$ to$ be$ consistent$ with$ U.S.$ General$ Accepted$ Accounting$ Standards?$ $ $ $ $ $ $ 1.! Company$ABC$think$they$may$not$collect$$3000$at$the$end$of$August$2014.$So$they$ use$the$following$method$to$do$the$receivables$and$financial$statements.$ $ $ 2.! Company$ ABC$ use$ the$ following$ method$ to$ do$ the$ depreciation$ and$ financial$ statement. $ $ Please$consider$why$the$company$made$the$accounting$choices?$What$modifications$ would$be$necessary$for$the$company's$financial$statements$to$be$consistent$with$U.S.$ General$Accepted$Accounting$Standards?$ $ $ When$answer$the$questions,$please$list$the$detail$journal$entries$for$the$method$they$ used$and$detail$journal$entries$for$the$new$method$you$modified.$Explain$why$they$ use$that$method$and$why$you$think$that$is$wrong,$why$you$think$your$method$is$right.$?$ (also$ cite$ the$ rules$ in$ U.S.$ General$ Accepted$ Accounting$ Standards$ to$ prove$ your$ method.)$ What$ are$ the$ influences$ for$ the$ change?$ And$ modify$ all$ the$ financial$ statements$for$2014$(note:$please$pay$attention$the$above$2$financial$statements$are$ for$the$year$ended$August$31,2014)$after$your$method$journal$entries$made.$ $ $ $