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ASH ACC 306 W EEK 5 A NALYSIS C ASE 20-10 C HECK THIS A+ TUTORIAL GUIDELINE AT HTTP :// WWW. ASSIGNMENTCLOUD. COM / ACC -306- ASH / ACC -306- WEEK -5- ANALYSIS - CASE - 20-10 F OR MORE CLASSES VISIT HTTP :// WWW. ASSIGNMENTCLOUD. COM A NALYSIS C ASE 20–10 - DRS C ORPORATION - V ARIOUS CHANGES ● LO1 THROUGH LO4 DRS C ORPORATION CHANGED THE WAY IT DEPRECIATES ITS COMPUTERS FROM THE SUM - OF - THE - YEAR ’ S - DIGITS METHOD TO THE STRAIGHT - LINE METHOD BEGINNING J ANUARY 1, 2011. DRS ALSO CHANGED ITS ESTIMATED RESIDUAL VALUE USED IN COMPUTING DEPRECIATION FOR ITS OFFICE BUILDING. A T THE END OF 2011, DRS CHANGED THE SPECIFIC SUBSIDIARIES CONSTITUTING THE GROUP OF COMPANIES FOR WHICH ITS CONSOLIDATED FINANCIAL STATEMENTS ARE PREPARED. R EQUIRED : 1. F OR EACH ACCOUNTING CHANGE DRS UNDERTOOK, INDICATE THE TYPE OF CHANGE AND HOW DRS SHOULD REPORT THE CHANGE. B E SPECIFIC. 2. W HY SHOULD COMPANIES DISCLOSE CHANGES IN ACCOUNTING PRINCIPLES ? HTTP :// WWW. ASSIGNMENTCLOUD. COM / ACC -306- ASH / ACC -306- WEEK -5- ANALYSIS - CASE - 20-10 HTTP :// WWW. ASSIGNMENTCLOUD. COM
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