Owner trading located in Windsor, Ontario, to record all financial activities for the fiscal year to determine the financial success of the company. Business selling healthy energy product through more than 300 ATMs located in gyms, shopping centers and university campuses across Canada. Students are required to record transactions related to cash, accounts receivable (including write-offs and bad debt recovery), retail inventory (purchases, returns, discounts, FOB, evaluation, and the lower of cost or market rule) and fixed assets ( acquisition, depreciation, maintenance, trade-ins and sales).
This is part of a set of cases Ivey and technical notes written for the introductory-level courses. "Hide
by Elizabeth M. Grasby, Lindsay Brock Source: Richard Ivey School of Business Foundation 7 pages. Publication Date: February 19, 2009. Prod. #: 909B07-PDF-ENG