The information provided for Triple F Health Club has some issues. The first problem is the balance owed for the new equipment, which is $15,000, and the company wants to invest in more equipment for $25,000. Even if the company plans to purchase the equipment in the next year, the current balance owed will reduce overall earnings. Additionally, the company's financial information and the owner's personal account do not need to be recorded as a single balance (provided that it is the owner's personal account). Another indicator is the $2.5k balance for accounts payable (utilities and supplies). Although it is a small sum, the company could pay it now instead of waiting until later. Additionally, the remaining mortgage balance can cause problems if the company's liabilities increase or the expected number of customers increases
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