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Explain the characteristics of visited business

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Reference no: EM132575500

You are required to submit a report that at least contains the following information;

Question a. Explain the background of the organization (eg: owner's capital, location, type of business, business activity)

Question b. Classification of business items (Assets, Liabilities, Drawing, Capital, Revenues, and expenses)

Question c. Explain the characteristics of visited business

Question d. Comment on the recording process of the business (Focus on accounting cycle) e. Identify the strength and weaknesses of the visited business

Reference no: EM132575500

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