Club Ace's Mission Statement

         Club Ace is committed to providing the ultimate night club experience to all appropriate ages and groups within the Central Florida area and to all others from across the nation.

Accounting Relationships

1. Accounting- I only have one accountant.

2. Assets- I have two sets of sheets.
3. Liabilities- I owe three people money.
4. Owners Equity- The investors pay their cash up front.
5. Accounting Equation- My cousin was a fifth year accounting major.
6. Transactions- I make transactions the right way.
7. Depreciation- my car is seven years old.
8. Income Statement- When my friends and i played with water balloons they yelled "Incoming"! They always hit me from behind.
9. Balance Sheet- It is not to difficult to stay grounded while writing a balance sheet.
10. Cash vs Accrual- The cash i will have to pay for college will stack up to the ceiling.

Memory mnemonics

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Pau

Lee, from Japan

Denis is a Menace

David doesn't look like David

Courtney hasnt been to court

Brie as in Brie cheese

 Edris sent me an email

Represnts Zimya

Our Business !

ECSTASY Night Club


Co-Owners

• Brielle M.

• Aysha

• Denis T.

• Somari C.

• Zee

Assets

Actual Club

Drinks and refreshments

Parking

Employees

(Bartenders, valet parking, promoters, DJ, etc. )



Liabilities

Paid performers

Accidents in the club

Loss of liquor license due to Under-aged drinkers