It has been decided that LogiVerse should have an initial funding of 100,000. The person proposing setting up the organisation is wealthy and could provide the capital and/or guarantee any loans to be obtained. And others interested in LogiVerse also have substantial funds available. Summarise the goals of LogiVerse and decide what type of organisation it should be (e..g. sole trader, partnership, charity, etc) and what its capital structure should be. Briefly explain the financial transactions that LogiVerse will need to undertake in its first month of operations and decide how its performance should be measured in financial and non-financial terms, setting out the basic principles you regard as indicators of its success. Make financial statements and notes is detailed in the following paragraph. forecast how you imagine its income statement and statement of financial position should look and include notes describing TWO (2) accounting policies and principles that it would be appropriate to follow, using this to help illustrate your explanation in the paragraph above