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-   -   Write a memorandum (https://www.askmehelpdesk.com/showthread.php?t=707574)

  • Oct 8, 2012, 04:28 AM
    Joirene7
    write a memorandum
    On 21 December 20X7, your client paid A10,000 for an advertising campaign. The
    advertisements will be heard on local radio stations between 1 January and 31 January
    20X8. Your client believes that, as a result, sales will increase by 60 per cent in 20X8
    (over 20X7 levels) and by 40 per cent in 20X9 (over 20X7 levels). There will be no
    further benefits.
    Write a memorandum to your client explaining your views on how this item should
    be treated in the year-end financial statements for each of the three years. Your
    answer should include explicit reference to relevant traditional accounting conventions,
    and to the requirements of users of published financial statements.
  • Oct 8, 2012, 01:50 PM
    paraclete
    So let us see your efforts

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