Milestone Three: Adjusting Entries and Communication In Module Seven, you will submit Critical Element Critical Element IV: Adjusting Entries and Critical Element VI: Communication. You will explain the type of depreciation method your company uses and identify as example of an adjusting entry. You will also compose a memo to the CEO addressing the advantages and disadvantages of transitioning from GAAP to IFRS, as well as a memo addressing how your company will be affected by your biggest customer going bankrupt.This milestone will be graded with the Milestone Three Rubric. See attached.