in september 2017 the sole shareholder of molanosa ltd molanosa agreed to sell 100 percent of the shares of the company to winona ltd

Required:
Prepare a report to Winona’s CFO analyzing Molanosa’s sale to the new customer. Your report should include an evaluation of the appropriateness of Molanosa’s accounting for the sale and an assessment of why it might have entered into this transaction and why it might have accounted for it this way.