Question: Required John has asked you to prepare a report that discusses all of the material accounting issues (i.e., identify the issues, discuss the implications, offer

 Required John has asked you to prepare a report that discusses

Required John has asked you to prepare a report that discusses all of the material accounting issues (i.e., identify the issues, discuss the implications, offer alternative treatments, and provide a recommendation). Revised nancial statements should be included in the report. The report should also address John's other concerns. Provide journal entries, where appropriate

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