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Frozen Sisters

Nagar, Neerav, Mov...

Exercise

Frozen Sisters

Nagar, Neerav; Movalia, Nilesh P.

IIMA-FA0557EX_I | Published May 20, 2021 | 4 pages Exercise

Collection: Indian Institute of Management, Ahmedabad

Product Details

Elsa and Anna start a new venture in the over-the-top (OTT) media streaming industry. Several transactions occur prior to and after the commencement of operations. At the end of the first year, the sisters decide to assess the performance and position of the business through financial reports.

To understand how to record business transactions. To prepare financial statements systematically. To analyze the performance and position of a business.