In May, you placed an order using River's End's online catalogue for a sweater for $100. The sweater arrives in June and you charge it to your River's End credit card. You receive and pay the credit card bill in July. The company has a bank loan was on revenues. The year end is May 31st. Revenue was recorded in May. INSTRUCTIONS 1. Assume the company follows ASPE, provide a GAAP supported-case specific analysis. Remember to provide a supported recommendation and AJE if applicable. 2. Assume the company follows IFRS, provide a GAAP supported-case specific analysis. Remember to provide a supported recommendation and AJE if applicable. Respond in complete sentences with correct spelling and grammar. Your response must be understandable. In May, you placed an order using River's End's online catalogue for a sweater for $100. The sweater arrives in June and you charge it to your River's End credit card. You receive and pay the credit card bill in July. The company has a bank loan was on revenues. The year end is May 31st. Revenue was recorded in May. INSTRUCTIONS 1. Assume the company follows ASPE, provide a GAAP supported-case specific analysis. Remember to provide a supported recommendation and AJE if applicable. 2. Assume the company follows IFRS, provide a GAAP supported-case specific analysis. Remember to provide a supported recommendation and AJE if applicable. Respond in complete sentences with correct spelling and grammar. Your response must be understandable