After you watch the case study, please answer the following questions:

How should the business financing be recorded on the books of the company?

How should the company record the assets of the company?

How would a business plan have helped this company to succeed?

What are the main factors that contributed to the failure of this company in your opinion?

Good Evening Professor and Class!

The financing should be recorded as follows - this helps break it down as well as create the ledger to start your business. A lot of companies that are either smaller or home based used products such as Quickbooks, and larger companies like Disney are popular with SAP. Either way, with today's technology many companies use some form of electronic system to record, so say that Comps 2 U used Quickbooks it...