Question: Business Plan- Budgeting - Financial Statement Analysis: By studying the role of accounting information in a business, you convince yourself that it is now the
Business Plan- Budgeting - Financial Statement Analysis: By studying the role of accounting information in a business, you convince yourself that it is now the time to start on embarking a new small business. For this task, it is recommended to choose a simple trading or service business with a single product cost such as the Campus Fruit Juice Truck or other small businesses such as a coffee, doughnut or hot dog stand, soccer ball shop or a headphones shop, car wash, music studio/tuition, mini-golf hire, among others
- Prepare a business plan and the first quarter Cash Budget for this business, create transactions, prepare a column worksheet for each month for the first two months of the business operation, and develop financial statements and finally analyze your business performance. The following are the detailed requirements.
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