(Answered) Introduction to financial accounting and business -

Accounting

Introduction to Financial Accounting and Business - Discussion (200 Word Min)

Topic: Business Strategy

Before starting the discussion, please review the Discussion Board Checklist.

Watch the case study of Mack and his friend Peter. http://extmedia.kaplan.edu/business/AC499/U1/Discussion/player.html to watch their business scenario.

After you watch the case study, please answer the following questions:

• How should the business financing be recorded on the books of the company?
• How should the company record the assets of the company?
• How would a business plan have helped this company to succeed?
• What are the main factors that contributed to the failure of this company in your opinion?

To view Mack and Peter's transcript, http://extmedia.kaplan.edu/business/AC499/U1/Discussion/Script.pdf

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Financial Accounting, Accounting

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