Please write a report for both scenarios answering the questions listed in the Y

Please write a report for both scenarios answering the questions listed in the Your report should incorporate the following: section (page #2). Please write the report as if you were reporting to the CFO of the company.There are numerous sources that can be used. In addition to the Kieso Weygandt Warfield Intermediate Accounting 14th Edition text book there are various accounting publications as well as Internet sources noted below:FASB www.fasb.org ( Check out the new FASB Codification research system)AICPA www.aicpa.orgWiley www.wiley.com/college/wallaceRutgers University www.rutgers.eduPlease write the report as if you were reporting to the CFO of the company.I will upload the Revenue Recognition Case for all information needed.