Case B : Jumbo Playground

Francine Shelly is a business consultant.Required: Develop new policies for Jumbo Playgrounds, especially around sales on credit and capital assets (justify your decisions). Identify all accounting issues raised in this case and make recommendations for Francine (including necessary journal entries). After implementing your policies, make a partial balance sheet to report capital assets correctly. You are encouraged to refer to course information as well as other sources. Present your work in professional report form.Required: Develop new policies for Jumbo Playgrounds, especially around sales on credit and capital assets (justify your decisions). Identify all accounting issues raised in this case and make recommendations for Francine (including necessary journal entries). After implementing your policies, make a partial balance sheet to report capital assets correctly. You are encouraged to refer to course information as well as other sources. Present your work in professional report form.Required: Develop new policies for Jumbo Playgrounds, especially around sales on credit and capital assets (justify your decisions). Identify all accounting issues raised in this case and make recommendations for Francine (including necessary journal entries). After implementing your policies, make a partial balance sheet to report capital assets correctly. You are encouraged to refer to course information as well as other sources. Present your work in professional report form.