INDIVIDUAL PHASE 1 CASE STUDY

School: York University - Course: CSBA 3353 - Subject: Accounting

INDIVIDUAL PHASE 1 CASE STUDY SUBJECT: ACCOUNTING ANALYSIS AND USE OF FINANCIAL INFORMATION DATE: 23RD JANUARY'2022 SUBMITTED TO: AFSHEEN BHIMJI SUBMITTED BY: NUPUR GANDHI STUDENT NUMBER: 219890730

Respond to Ms. Kontur's email providing her with the following information: 1.A description of your business (approx. 150 words), including the name, type of business and structure / form of your business. 2.A description of all the accounting transactions for the month of May including the transaction number, transaction date, dollar amount and method of receipt/payment (where required, eg, cash or credit etc.). Using the table below to list the business activity including a variety of revenue, expense and other transaction types to encompass: 1.6 operating activities (O) 2.3 investing activities (I) 3.3 financing activities (F)

Greetings, Ms. Kontur Thank you for reaching out to me and considering my business. I am pleased to be provide you with the information required about my business to make the financial statements. The name of my business is The Breadbasket. We specialise in breads and coffee. I started this business in May, and I am the owner and I manage the tasks, I currently have 5 employees working at the café. The café provides products like Croissants, Bagels, Ciabatta , Coffees, Ginger milk etc. The business is a Sole proprietorship. We are firm in delivering most fresh baked breads in town and plan to upgrading the business and creating more brand awareness around the town. I hope that this information is valuable. In case of any queries please reach out. Thanks and regards. Nupur Gandhi TransNo.TransDateDescriptionActivity Type (O, I, F) 1.1stMayI invested $30,000 cash into my newbusiness. F 2.1stMayBought Baking equipment's for $14000cash I 3.May2nd Bought Baking ingredients for $3000O 4.May 3rdBought Furniture for the café for $10,000credit I 5.May 5thApplied for Loan at bank for $30,000 at6% P.A F 6.May 7thPaid rent for the first month $1000 cashO 7.May9thBought shares of TATA Steels for $3000I