Attachment # 00000714 - 4_part1directions_0.docx
4_part1directions_0.docx (25 KB)
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(refer to the detailed question and attachment below)
You are an accountant and have two clients you’ll be dealing with during this assignment. JumpinJehosaPhats is a haberdashery (Google it!), and is owned by J.J. Phats. JJ is expanding the company and is in need of advice. He has come to you to discuss the future of the company.Part 1 – Incorporating Discuss in detail the requirements of incorporating the business, the advantages and disadvantages, and provide JJ with recommendations.Part 2 – Account Prep Using the data provided, create the owner’s equity accounts and the shareholder’s equity section of the balance sheet after the incorporation of JumpinJehosaPhats.Part 3 – Expansion ConsiderationsJJ is in need of raising money to expand the company and has identified the methods that he is considering. Using the information provided, calculate any burden to the corporation and provide recommendations to JJ concerning his options. Part 4 – Cash Flow Your second client, Bailey’s Chocolates, is asking you to produce a Cash flow from Operating Activities. Using the Indirect Method and the information provided, calculate the cash flow from Operating Activities. Be sure to cite your resources and include supporting calculations and evidence to support your positions.
Accounting - Corporations

Accounting - Corporations

Question # 00004685 Posted By: paul911 Updated on: 12/05/2013 12:44 PM Due on: 12/06/2013
Subject Accounting Topic Accounting Tutorials:
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A set of scenarios where you will perform various funtions regarding incorporation and statement of cash flows. Use the attached files. (4th Part has 2 worksheets)
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Attachments
4_part1directions_0.docx (25 KB)
4_part2_0.docx (26.22 KB)
4_part3_0.docx (27.88 KB)
4_part4_0.xlsx (19.42 KB)
Tutorials for this Question
  1. mac123
    Tutorial # 00004484 Posted By: mac123 Posted on: 12/05/2013 12:45 PM
    Puchased By: 7
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    The solution of Accounting - Corporations...
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    Attachments
    4_part2_0_1_sol_0.docx (26.74 KB)
    4_part3_0_2_sol.docx (28.58 KB)
    4_part4_0_1_sol_0.xlsx (18.82 KB)
    part_1.doc (28.5 KB)
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