Financial Accounting Case of Fishy Farms
- Develop journal entries, in a proper format, for all of the accounting transactions in January for Fishy Farm.
- Create an income statement for the month of January for Fishy Farm.
- Reconstruct the balance sheet for Fishy Farm as of January 31, 20×1.
- Identify and discuss issues that JB should be concerned about regarding taking over the accounting function of the business.
- If you were a banker, would you lend money to Fishy Farm?Why or why not?