teslin inc teslin is a medium sized manufacturer of plastic storage containers teslin is a private corporation that is owned entirely by a single shareholder rima/

Required:
a. Who are the possible users of Teslin’s financial statements and what use do they have for the statements?
b. What objectives of financial reporting would you suggest that Mr. Krajden consider when preparing Teslin’s financial statements? Explain.
c. How would you advise Mr. Krajden to rank the objectives? Explain.
d. What critical events for recognizing the revenue on the government contract can you identify? Explain.
e. When would you recommend that Teslin recognize the revenue on the contract? Make sure to consider the constraints, facts, and objectives when responding.