I need this brief “letter” written up for accounting. I have attached the grading rubric.
Read the following scenario and follow the directions below.
You are a CPA. The owner of a landscaping business, Larry Shrout, who is one of your clients, asks you to explain:
(i) the general concept of depreciation; and
(ii) the specific difference between straight-line and declining – balance deprecation.
- Write a letter to the client responding to these inquiries. Your response should include, at a minimum:
- An introductory, explanatory and concluding paragraph
- Appropriate salutations
- Sufficient supporting information and/or examples to effectively respond to the inquiry.
- Submit your completed letter.