Fashions amp; LE IS an Upscale Teller that offers high – End fashion products and Excellent customer service to its affluent customers . Fashions…

Clear description of alternative with explanation of financial statement effects with General entry. List GAAP that are relevant

Fashions & LE IS an Upscale Teller that offers high – End fashion products andExcellent customer service to its affluent customers . Fashions RU’s normally*operates as an anchor tenant in major shopping malls . Due In Fashions R L“unprecedented success in attracting customer traffic to malls in which it locates .Landlords often offer favorable lease terms and other benefits to attract Fashions & LISto a particular location . Fashions RU’s is considering expanding into Ligotham City*Donald Trump*& Sons, a Successful Gotham City landlord , has put together anattractive package designed to entice Fashions & L’s In locate it’s Gintham City store inTrump & Sons’s new mid – town mall . The terms of the deal are as follows :`Fashions R Us receives title to the shell of’ ” building and land from Trump #`Song . The fair value of this property is $15 million .Fashions R. U’s receives $2’S million from Trump*& Sons to partially offset theremaining build – out costs of $30 million .#Fashions & L’s is not responsible for paying fell .As there are no rent payments , a formal lease does not exist . There is, however .an Operating agreeingn’t that specifics (among other things ; that Fashions RX Us`will operate the location is a typical Fashions & L’s store , under the Fashions RX.U’s name with minimum Square footage and minimum store hours for a period of”at least 20 years .Fashions RL’s retains title to the building after the operating agreement expires .If Fashions R. U’s break’s the operating agreement , Trong & Sons has an option torepurchase Fashions A LIE’s real Estate interest for fair market value less theunamortized cost of the $ 25 million cash incentive.After examining the terms of the agreement offered “ Trump & Sons , Fashions R Usmanagement has agreed to locate its new “inthan City store in Trump & Sons” & mid -town mall .Required .How should Fashions { L’s account for the proposed agreement with DonaldTrump & Sons!

Show more

Calculate Your Essay Price
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more