Financial Accounting - ACC 557
Describe the sort of business you may have created which includes:
a. В The product or service, and general staffing plan. Provide a rationale for your plan. w. В В The shape of your organization and the rewards it offers your particular business,
We decided to initiate a Bakery while using name and elegance of LadyDi's First Class Bakery, Our food handling business will provide newly prepared food handling business and pastry products constantly during organization operations. Six to eight moderate amounts of food handling business and pastry products will be prepared in daytime to assure new baked goods are available. All of us strive to be a leader making use of the latest technology and engineering to transport us in other areas including new products or new automated equipment. We could committed to a secure work environment for those employed. We believe growth is necessary to provide chances on an increasing scale pertaining to our persons. В Therefore , we are specialized in profitable development, growth being a company, and growth because individuals.
Our Mission declaration is to supply a product in the greatest possibleВ value to our clients, thereby increasing and having their value and dedication while reaching sufficient profit to financial our company and its particular growth.
Our first responsibility is usually to satisfy each of our customers with quality of services and products, devoid of which there would be no company. All of us will cater to our buyers in a professional manner by providing quality items, competitively charged and provided with courtesy and professionalism and reliability. We experience a deep responsibility to our employees. c. В В В В A chart of accounts particular to your business, including a reason as to the choice of each bank account. (Note: The chart of accounts is a blueprint of the business intended for the lender/investor. It should report the expected resources you will consume in the business (assets), the sources of those solutions (liabilities and equity), the sources of revenue, and bills that you be prepared to incur to earn those revenues. You might build a comprehensive chart that features business units, partitions, product lines, etc . )
Graph and or chart of Accounts
|CHART OF ACCOUNTS | |Balance Sheet Accounts | |В |В |В | |В |В |В |В |В |В | |1010 |В |Change & |В |201|В | | | |Petty Money | |0 | | |1210 |В |Food |В |2110 | |1440 | |P& D ACCOUNTS | |В |В |В |В...
References: Handfield, R. M., Nichols, Electronic. L., (1998) Introduction to Source Chain Administration,
Englewood Coves, Prentice Corridor, Retrieved in 13th Feb, 2013
Swaminathan, J. Meters., Tayur, H. R., (2003) " Versions for Source Chains in E-BusinessвЂќ,
Management Science, 49(10): 1387-1406, Retrieved on thirteenth February, 2013
Johnson, At the., Whang, T., (2002) " E-Business and Supply Chain Managing: an Overview and FrameworkвЂќ, Intercontinental Journal of Physical Circulation and Logistics Management, 11(4): 413-422, Retrieved on thirteenth February, 2013
Auramo, T., Aminoff, A., Punakivi, Meters., (2002) " Research Goal for E-business Logistics, Based on Professional OpinionsвЂќ, International Log of Physical Distribution, Logistics Management, 32(7): 513 вЂ“ 531, Retrieved on thirteenth February, 2013
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