hino, a newly certified accountant, is planning to put up an accounting firm. He has a starting capital of only Php 8,000.00. He does not know how to start and establish his business. He has only one friend, Cris, who agreed to join in his business. Cris has no capital, but he is more seasoned, that is why Chino must include or join Cris in his dream firm. How would you advise Chino to start his business?

hino, a newly certified accountant, is planning to put up an accounting firm. He has a starting capital of only Php 8,000.00. He does not know how to start and establish his business. He has only one friend, Cris, who agreed to join in his business. Cris has no capital, but he is more seasoned, that is why Chino must include or join Cris in his dream firm. How would you advise Chino to start his business?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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