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Accounting system for the business

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Reference no: EM13153825

A client is considering adding merchandise to his business. The client, who is a home repair contractor, wants to know if selling books on how to do minor home repairs, is a good idea. Your manager, Mr. Johnson, has asked you to prepare a memo for the client, explaining the advantages and disadvantages of selling a how-to book on repairs. This will be reviewed by Mr. Johnson, and he will make his final decision on whether to rehire you next semester.

For full-credit, you must write a 400-600 word memo in which you explain to the client the following questions:

What are the advantages and disadvantages of selling a how-to book on repairs?

What do you think about this idea?

How would you change the accounting system for the business?

What additional accounts would be needed?

How would the financial statements change?

Develop a list of advantages and disadvantages for providing both services and merchandise to customers.

Please submit your assignment.

Reference no: EM13153825

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