After one year of operation, the new store manager, Tennis Pro and lounge bar have to prepare, with the company accountant, financial statements, notes stored for years. Case is designed for an introductory exercise in accounting for simple transactions related to assets, liabilities, income and expenses. Setting records, such as depreciation and cost of goods sold is not required. Students were asked to complete accounting cycle for closing entries and income statement and balance sheet.
This is part of a set of cases Ivey and technical notes written for the introductory-level courses. "Hide
by Richard Mitnick, Elizabeth M. Grasby, Lindsay Brock Source: Richard Ivey School of Business Foundation 3 pages. Publication Date: June 2, 2009. Prod. #: 909B08-PDF-ENG
Related Case Solutions & Analyses:
Off-Balance Sheet Financing at Big 5 Sporting Goods Corporation
Wealth Management Crisis at UBS (A)
Creating a Culture of Empowerment and Accountability at St. Martin de Porres High School (A)
Suzion Energy Ltd.
Colbun–Powering Chile
Leverage Ratios in Financial Analysis
Schumpeter Finanzberatung GmbH: Evaluating Investment Risk
Note on Logistic Regression – Statistical Significance of Beta Coefficients
Retiree Pension and Health Benefits
Pfizer: Letter from the Chairman (B)
