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Question 4 from week 5 Assume you will start your business( SERVICE BUSINESS, IT COULD BE SOLO OR PARTNER) , on the 1st of August

Question 4 from week 5 Assume you will start your business(SERVICE BUSINESS, IT COULD BE SOLO OR PARTNER), on the 1st of August 2020. Undertake market research and prepare a list of possible business events and transactions that will happen during August (Do the market research to make sure the amounts are realistic and include references for your cited information and data). You should provide at least 20 transactions and event related to the activity of your business. Analyse the effect of them on the basic accounting equation and decide which transactions or events should be recorded.

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