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i) ASSIGNMENT 1 (INDIVIDUAL) - Imagine you are business man/women. Describe your own business...

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Accounting

i) ASSIGNMENT 1 (INDIVIDUAL) - Imagine you are business man/women. Describe your own business (sole proprietorship) including the process and the way you do to set up the company. Your paper should include the following:- 1) Your company name, location date of operation. 2) Type of business 3) The purpose of business 4) Number of employees, Department (organization chart/ Flow Chart) 5) Accounting period: 31 December 2019 6) Initial Capital 7) Name of the Bank and No account. 8) Planning transactions (will be explained in class) Your report should contains i) Front page ii) Contents iii) Company Background iv) Planning and idea of the business (Use 1H5W questions: what product or services / how you sold it) v) Recommendation vi) Conclusion

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