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Write an email to your manager/supervisor explaining one of the issues 1-Changes in account principles 2-Error...

Write an email to your manager/supervisor explaining one of the issues

1-Changes in account principles

2-Error Connections

3-Change in Entity

4-Change in Accounting Estimates

Exercise that you wanted to run by him/her. Explain the transaction, your best solution to the journal entry or financial statement presentation, anything you are not sure of, and ask her/him to confirm agreement with your solution or explain why another way would be preferred.

Specifications: Assignment should be prepared with the appropriate respectfulness, address, and formality appopriate for addressing your manager or supervisor.

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Answer #1

To

Manager. ABC co.

Sir,

Subject: Advice regarding changes in accounting estimates.

With respect to the change of the useful life of the machine has changed the calculation of depreciation. The useful life of the machine has reduced by 5years.So we were changed the calculation of depreciation from now. Currently depreciation is calculated by dividing the useful life with the balance book value. We need your assistance to make sure is it right or wrong. Please do the needful.

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