please answer these questions

Deliverable 1 (due Week 6)

Make recommendations related initial decisions a business owner needs to make including the amount of capital and cash required to start the business. Identify capital and cash requirements. Include the initial transactions, and establish depreciation tables.

Deliverable 1 Learning Objectives

CLO 01: Define accounting, its uses, and the role of accountants in business

CLO 03: Explain how accounts are classified.

CLO 05: Explain the steps in the accounting cycle and how to prepare correcting entries.

CLO 06: Apply accounting principles to properly record each classification and subclassification of accounts.