Discussion Question 1

This is a discussion question. Please no more than 500 words. Must use only PEER REVIEWED SOURCES. Include in-text citations and reference.

Search the GCU Library on the following topics: Chart of Accounts, General Ledger, and Accounting System. Notice how much detail can be included in various financial statements. What accounting data is required for you to write a Business Plan? How can you present just enough information for your reader to get a clear understanding of the financial concerns of your proposal?