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Accounting-Workshop-Presentation.pdf, Study Guides, Projects, Research of Accounting

Responsibilities of an Accounting Dept. 2. Completing the Business Registration Form. 3. Ownership Structures. 4. Types of financing.

Typology: Study Guides, Projects, Research

2021/2022

Uploaded on 09/12/2022

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Implementing our
Accounting Systems
By: James Caracciolo
VE Coordinator
Maxine Greene High School for Imaginative Inquiry
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Implementing our

Accounting Systems

By: James Caracciolo VE Coordinator Maxine Greene High School for Imaginative Inquiry

Our Agenda

  1. Responsibilities of an Accounting Dept.
  2. Completing the Business Registration Form
  3. Ownership Structures
  4. Types of financing
  5. Covering expenses for the first three months
  6. Using the journals
  7. General VE questions or concerns

The Business Registration

Form

https://form.jotform.com/

What is our ownership

structure?

  • (^) Subchapter S Corporation
  • (^) C Corporation
  • (^) B Corporation
  • (^) LLC
  • (^) Partnership

Expenses for the first three

months

  • (^) Rent
  • (^) Salaries
  • (^) Insurance
  • (^) Advertising
  • (^) Loan Payments
  • (^) Inventory
  • (^) Utilities

Applying for a Loan

https://form.jotform.com/

What about the Journals?

  • (^) Asset Log
  • (^) Sales Journal and Accounts Receivable
  • (^) Cash Receipts and Cash Payments Journal
  • (^) Purchases Journal and Accounts Payable Journal https://portal.veinternational.org/portal/

Additional Accounting

Responsibilities

  • (^) Inventory Control
    • (^) Wholesale Marketplace
    • (^) Inventory Log https://portal.veinternational.org/portal/