AC 300 Unit 2 Assignment
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assignment
Complete cases CA1.7 on page 26 and IRFS1.5 on page 39 of your text.
This assignment is not located in Wiley Plus.
Directions for Submitting your Assignment
Compose your Assignment in a Microsoft Word document, or Excel if
appropriate, and save it as Username-AC 300 Assignment-Unit#.doc
(Example: TAllen- AC 300_Assignment-Unit2.doc). Submit your file by
selecting the Unit 2: Assignment Dropbox by the end of Unit 2.
Assignment Requirements
Written work should be free of spelling, grammar, and APA errors.
Points deducted from the grade for each writing, spelling, or grammar
error are at your instructor’s discretion.
Review the grading rubric below before beginning this activity.
CA1-7 (Need for GAAP) Some argue that having various organizations
establish accounting principles is wasteful and inefficient. Rather than
mandating accounting rules, each company could voluntarily disclose