Frozen Sisters

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Abstract

Elsa and Anna start a new venture in the over-the-top (OTT) media streaming industry. Several transactions occur prior to and after the commencement of operations. At the end of the first year, the sisters decide to assess the performance and position of the business through financial reports.

Additional Information

Product Type Exercise
Reference No. F&A0557EX_ I
Title Frozen Sisters
Pages 4
Published on May 20, 2021
Authors Nagar, Neerav; Movalia, Nilesh P;
Area Finance and Accounting (F&A)
Discipline Accounting
Learning Objective To understand how to record business transactions. To prepare financial statements systematically. To analyze the performance and position of a business.
Keywords Financial Statements; Accounting Equations; Income Statement; Balance Sheet; Cash flow Statement
Country India
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