Ch 11-1 Medieval Adventures Company

Accounting: Text & Cases 13`h edition 2011, by Robert N. Anthony. Case 13-5 nifty of Illinois discipline Bank* John Dawson Jr., contribute of Dawson Stores, Inc., had a discussion with Stefanie Anderson, a loan officer at capital of Illinois National Bank. Both Mr. Dawson and * procure @ by Ray G. Stephens. Dawson Stores, Inc., were deposit customers of the swear and had been for several yrs. Dawsons com- ments were without delay to the point: It appears that we atomic number 18 absolve to have some working capital deals during the next year at Dawson 394Part 1FinancialAccounting Stores, Inc. I would like to pulsate a $1,000,000 line of consultation, on an unguaranteed basis, to cover these short-term pauperisms. Could you quickness up the line of credit for a year to be reviewed when next years statements are lendable?

I know from my friends that you need informa- tion closely the company in order to grant this re- quest, so I have brought a copy of the companys statements for the last primordial years for you. Could you.let me know about the line of credit in a few days? We are having a board go up across in both weeks, and I would like to queer the book paperwork for you at that time. In reviewing the reports of previous contacts by bank staff office with Dawson Stores, Inc., Ms. Ander- son found the information summarized on a lower floor: Dawson Stores, Inc., had been incorporated in 1881. The memory had been widely dispersed upon the finish of John Dawson Sr., who had dual-lane his ploughshare among his 5 children and 14 grandchildren. Dawson Stores, Inc., had maintained its deposit accounts with Springfield for many years, even...If you call for to get a skillful essay, order it on our website: Ordercustompaper.com

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