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Accounting

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STEP1: FINANCING

Thecompany should opt for the equity financing option. Given theposition of financial position of the company, the management aims atlow interest rates and the self-financing would mean that SunsTrackshould part with 50% of its profits which would inconvenienceshareholders and other stake holders.

STEP2: ACCOUNTING CYCLE

Thejunior accountant after preparing the financial statements shouldclose the accounts then post the closing trial balance. That willhelp them identify any errors made in the financial statements.

STEP3: FINANCIAL STATEMENTS

Thecorrect financial statement to be given to the potential investor isthe balance sheet since it shows the assets, liabilities,stockholder’s equity and the debts of a company (Filzen&amp Peterson 2015).

References

Filzen,J. J., &amp Peterson, K. (2015) Financial Statement Complexity andMeeting Analysts` Expectations Contemporary Accounting Research,32(4), 1560-1594. doi:10.1111/1911-3846.1213