Watch the case study of Mack and his friend Peter.

After you watch the case study, please answer the following questions:

How should the business financing be recorded on the books of the company?
How should the company record the assets of the company?
How would a business plan have helped this company to succeed?
What are the main factors that contributed to the failure of this company in your opinion?
View Mack and Peter’s transcript. attached the transcript

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