Case Solution for Colorado & Utah Canyons Tour Company

Complete Case details are given below :

Case Name :      Colorado & Utah Canyons Tour Company
Authors :           Mark E. Haskins
Source :             Darden School of Business
Case ID :           UV7005
Discipline :        Accounting
Case Length :    04 pages
Plagiarism : NO (100% Original work)
Description for case is given below :
Ron Hopkins had just finished his first year as founder, president, head mechanic, chief cook, and lead tour guide for the Colorado & Utah Canyon Tours Company (CUCTC). The first year had been a good one, and Hopkins thought he probably had made a small profit-after all, he had ended the year with a positive balance in the CUCTC checking account. Among the many roles and tasks he performed at CUCTC, however, accountant/bookkeeper was not one of them. For that task, he calls on his former college roommate, Chris Norris to prepare the financial statements needed for a $300,000 loan application he intended to make at Lofton National Bank next month. Norris plans to organize the CUCTC financial notes and records Hopkins has sent him.
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