Frustrated by being unable to locate a pair of red cowboy boots in her size, a Florida girl, who works as a bookkeeper, and her out-of-work husband decide to open their own company. Early sales yields dampen the couple's enthusiasm, although the store manages to get a small gain.
They have to plan for the year. Pupils are given a balance sheet and income statement for 2006, and are requested to prepare a forecasted balance sheet and the income statement for the year 2007.
PUBLICATION DATE: October 14, 2008 PRODUCT #: UV1049-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING