COURSE

BUS 1102 – Basic Accounting

What would you do if you found your school in this situation?

Would you issue more debt? Explain

Are there alternatives? Explain.

What are some positives and negatives to the promissory note practice?

SOLUTION  

Introduction  

Most governments are having a tough time right now because of the covivirus-19 pandemic and the subsequent collapse of their economies. However, since so many groups depend on government money to keep the lights on and the doors open, any delay in the government’s distribution of resources may be devastating.

What would you do if you found your school in this situation?

As part of my analysis, I will think about the school’s short-term funding needs and examine whether or not there is room for temporary changes to the budget that would not impact teaching and learning. It’s also important to anticipate whether or not the school will continue to have a deficit in tax income……please click the icon below to purchase the solution at $10