Mr. Juan, a retired government employee, opened a bakery shop in his home to produce and sell bread. He renovated part of his house for baking, purchased equipment, and hired Jose to help with baking and sales. Mr. Juan's wife deposits the daily cash sales in their bank account. Accounting can help Mr. Juan answer questions about decisions regarding the profitability and financial performance of his new bakery business.
Mr. Juan, a retired government employee, opened a bakery shop in his home to produce and sell bread. He renovated part of his house for baking, purchased equipment, and hired Jose to help with baking and sales. Mr. Juan's wife deposits the daily cash sales in their bank account. Accounting can help Mr. Juan answer questions about decisions regarding the profitability and financial performance of his new bakery business.
Mr. Juan, a retired government employee, opened a bakery shop in his home to produce and sell bread. He renovated part of his house for baking, purchased equipment, and hired Jose to help with baking and sales. Mr. Juan's wife deposits the daily cash sales in their bank account. Accounting can help Mr. Juan answer questions about decisions regarding the profitability and financial performance of his new bakery business.
employee who is good at baking. One day he decide to put up a bakery shop in your barangay. He renovates a portion of his house to serve as the area for the production of bread. He purchases baking equipment and raw materials to productive five different types of bread. Mr. Juan also hires Jose to help him with the baking and, at the same time, to be in-charge of sales. Mr. Juan pays Jose in a weekly basis. Every day, Mr. Juans wife deposits the daily cash sales in their bank account at XY Savings Bank. With the help of accounting, what possible decisions or questions of Mr. Juan can accounting provide an answer to?