ACC 610 Milestone Three Adjusting Entries and Communication SNHU

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This is the third of three milestone assignments that will lead to completion of your course project . In this assignment , you will complete Critical Element IV : Adjusting Entries and Critical Element VI : Communication . Recall that , due to the sequencing of content for the modules , the critical elements are being prepared out of order . For the complete sequence , see the Final Project Guidelines and Rubric document
This milestone addresses the following course outcomes :
Differentiate between the Generally Accepted Accounting Principles and the International Financial Reporting Standards for their impact on financial statements
Determine appropriate accounting treatments of business transactions , including adjusting entries , for their impact on the results of financial statements
Continue to work with the company you chose to use in building your portfolio . For detailed instructions , see the Final Project Guidelines and Rubric document .
Specifically , the following critical elements must be addressed :
IV . Adjusting Entries : For this part of the assessment , you will continue your financial analysis paper .
A . Explain the type of depreciation method your company uses and why they use this method .