Jill Peterson is one of several subscribers involved in the process of forming a new company, Pets-Go. She is also in the process of buying a new personal residence. Jill wants to pay the legal fees associated with the purchase of her new home from corporate funds by charging them to the corporation's Organization Costs account. "I'll have the accountant mix them in with the corporation's legal bills. No one will ever notice," says Jill.
Pets-Go Company is planning to become a client of Accounting Services, Inc., where you work.. I'm your supervisor, and have asked you to research this issue and to give me your opinion and recommendations. You can assume I have knowledge of the subject area. This is a business memo and youwill not reference the instructor, student, any textbook, or assignment. Keep this memo in a business context. Make sure to list the references (web addresses) you used to form your opinion. The reference needs to be within the memonot listed at the end of the memo.