Assume your own Transaction Given and Cover all The business Cycle Transaction Structure for these Transactions. Cover the 9 steps in Business Cycle. You need to Assume Transactions from your own so you can do the 9 steps of Business Cycle in TABLES

This is an Calculation Assignment not Writing Assignment, The Scope of the Question is About Assuming a financial transaction as in August 2020 Transaction then Analyze it by shown the impact of these transaction on the accounting, then implement the Accounting Cycle ( 9 Steps with the Calculation ) on these transaction.
 

 

 

Assignment (1) Accounting Cycle Assume that you are the Financial Accountant of a newly started business from your chosen in August 2020: You are requested to assume the chosen business transactions during the month of August 2020 and analyze it by shown the impact of these transactions on the accounting equation!Afterthat implement the remain steps of the accounting cycle on the transactions of the chosen business.