Damm Good Lemonade Stand

DAMM Good! Lemonade Stand (DGLS) Accounting Summary Report patch One Bus 599 - Introduction to Quantitative Principles 12 kinsfolk 2010 Background The cover DAMM Good! Lemonade stand (DGLs) accounting epitome is a quantitative snapshot of monetary proceedings that gull occurred during the foremost lenify of operation of DGLs. This accounting summary melodic theme has two aspects: to hand over common accepted fiscal statements that reflect the health of the line of descent and to provide elliptic but insightful interpretations and necessary recommendations deduced from the info (Larson, 2008). fiscal emplacement Summary Appendix I: Daily seasonal actor entropy * The seasonal data was used as an ad hoc diary or daily receipts record to strain individually of the financial worksheets. Appendix II: Financial leger The DGLs Financial diary is the formal recording of five aspects of a transaction that is shew in the Daily Seasonal Data: (1 ) its date, (2) brief verbal description of the transaction, (3) ledger account to be debited and amount, (4) ledger account to be credited and amount, and its (5) cross-reference surname for opposite financial reports.

It overly includes additional data entries such as the weather specification on that day and publication of hours the stand was open to helper flush out the other factors affecting the DGLs. This approach provides an canvass trail and a kernel of analyzing the effects of daily transactions on DGLss financial position. * The DGLs first season Financial Journal reflects the initial disinvest of the enterprise purchasing the unavoidable capital equipment (pitchers & spoons) to trip the busine! ss and the daily consumables (ice, mix, and cups) unavoidable to sustain it. Analysis of the daybook demonstrates that the debits equals credits reflecting a equilibrise accounting of transactions during this season. * The DGLS first season Financial Journal also demonstrates that pricing was free burning throughout the season which helps...If you command to get a proficient essay, order it on our website: OrderEssay.net

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