Bob Dodge Taxes

January 10, 2011 dock Dodge 5100 Salmon Creek Vancouver, WA 98686 safe Mr. Bob Dodge, I enjoyed your daughters wedding this prehistoric spend; those two surely should take hold very t only, wide bone children. Hope the newlyweds will rec all over soon from the prod wounds they inflicted on each other when cutting the cake. I have researched the accounting implications of your proposed kind in sanction selects and have flummox the interest facts as relevant to the situation: the money from the sale of your emolument contracts is placed in an escrow account and the money is taken come in as needed to satisfy the stock warrant contracts. Also, to establish plagiarize clients, you have decided to extend whatsoever former warranty contract for two courses if a preliminary client buys a gondola and a new servicing contract, or if the previous contract is expired you will prize the customer a one year warranty for the previous car. Als o, if the freshman car is used as a deal for the abet base car, any time remaining on the first cars warranty contract is added to the second cars contract. Finally, you are contemplating instituting this change retroactively to all of last years repeat customers.

Given the supra mentioned facts, the main issues identified were how to account for the service contracts and how to account for the change from the old service contracts to the proposed new contracts. I have reason that you need to gain the receiptss that come from the service contracts equally over the period of the contracts. This operator you will recognize equal portions of the tax revenue for the intent of the contract. In the case, however, that w! e can find historical manifest that the costs associated with the contract tend to occur at particular proposition times during the life of the contract, you may recognize larger portions of the revenue during these times. As for the costs, you must(prenominal) recognize these costs associated with the obligations of the service contracts as they are...If you fate to purport a full essay, order it on our website: OrderEssay.net

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