Teaching note for product 9A85K006.

Teaching note for product 9A87K001.

Teaching note for product 9A86K012.

One year after opening a gift shop, a young entrepreneur reviews his results. This exercise requires students to record the business transactions and necessary adjusting entries for the year, and prepare an income statement and balance sheet. This is an introductory transaction analysis case for an introductory finance course.

Saskatoon Country Supplies was a small farm hardware and household supply store located southeast of Saskatoon, Saskatchewan. Jim Tykoliz, the firm's general manager, was to prepare the August 1985 Bank Reconciliation Statement.

In this exercise, the owner and sole proprietor of an art importing business must prepare a statement of changes in financial position.

One month's worth of purchases and sales at a restaurant supply company must be recorded, the ending balance in accounts receivable and accounts payable must be determined, and the revenue and cost of goods sold sections of an income statement must be prepared. This exercise is suitable for an introductory course in financial accounting.

The general manager of Western Canadian Window Works, a window manufacturer for the residential construction industry, was preparing for a meeting to discuss and present plans for the next fiscal year. He was considering adding a lower-quality window to the company's product line. The company had incurred a loss in the previous year, had a high debt-to-equity position and was in arrears on preferred share dividends for three years.

Phil Brooks, a second year university student, was investigating the feasibility of starting an enterprise called the 'Beach Bus'. The Beach Bus would be a daily transit service carrying passengers from the cities of Trenton, Belleville, and Bayside, Ontario to Outlet Beach in Sandbanks Provincial Park. Brooks wanted to evaluate the overall feasibility of the idea.