The Great Outdoors Ltd has been established to retail bushwalking and mountaineering equipment. It proposes to open a shop in a suburban shopping centre that is at present under construction. To attract customers, a noticeboard will be provided for bushwalking clubs to post details of walks and other activities. The shop assistants will be experienced walkers, able to advise customers on equipment and routes for walking trips. An agency for the Youth Hostel Association will be established in the shop. 

1. Indicate the information you would need to enable you to design a suitable accounting system.

2. Describe the source documents that would be employed in the system.

3. Prepare a suitable chart of accounts.