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Question - 1. You are starting a new business. Provide information for the following:
A. What is the business that you will be owning?
a. Explain why you have chosen that business.
B. Provide the form of business (Sole Proprietorship; Partnerships; Corporations and Limited Liability Company) that you have chosen for your company.
a. Explain why you have chosen that form of business.
C. How will your business provide a need in the economy?
2. Explain one item that you have learned in this accounting course that you did not know before?
3. What was most helpful in this accounting course?
4. Explain one thing that you would change about this accounting course?
Be sure that your Learning Journal entry is a minimum of 500 words. Make sure you cite and reference your sources of information in the APA format.
Financial Statement Analysis and Preparation
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An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.
Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.
This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited
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Prepare the journal entry to record the acquisition of the assets.
Prepare general journal entries to record the transactions, assuming use of the periodic inventory system
Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.
Explain the IASB Conceptual Framework's perspective of users and their decisions.
T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .
Computation of Free Cash Flow
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