This Professional Assignment (PA1) requires a minimum of three (3) pages (excluding tables, graphs, appendices, title, and reference pages) APA formatted Word Document in response to the following questions. Your answers should be clear, well-organized, and specific. Provide a concise, cogent argument and include details to support your response. Include Intext citation that matches peer reviewed references minimum five 1. For some transactions, GAAP requires that value changes are recognized on the balance sheet and the income statement when they occur, even if not realized. Discuss what types of transactions get this type of treatment and the logic behind this accounting. 2. There are three valuation methods that reflect historical values: acquisition cost, adjusted acquisition cost, and present value 5:51