discuss the type of business you chose ( I chose sole proprietorship) , the chart of accounts you plan to use in your company which are listed below and the internal controls you would set up for your company.

Account Number Account Name ASSETS: 115 cash 116 account recievable 117 supplies 118 prepaid insurance 119 equipment LIABILITIES: 212 accounts payable 213 wages payable EQUITY: 310 owner , Capital 311 Owner Withdrawls REVENUE: 312 Sale revenue