Accounting: Text & Cases 13`h edition 2011, by Robert N. Anthony. Case 13-5 uppercase of Illinois content Bank* John Daw intelligence Jr., top 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 alluviation customers of the border and had been for several yrs. Dawsons com- ments were instanter to the point: It appears that we argon abandon to have some working capital deals during the next year at Dawson 394Part 1FinancialAccounting Stores, Inc. I would like to violate a $1,000,000 line of faith, on an unlocked basis, to cover these short-term look ats. Could you adroitness up the line of credit for a year to be reviewed when next years statements are forthcoming?
I know from my friends that you need informa- tion somewhat the company in order to grant this re- quest, so I have brought a copy of the companys statements for the last fundamental years for you. Could you.let me know about the line of credit in a few days? We are having a board have intercourse across in 2 weeks, and I would like to beat up 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 at a lower place: Dawson Stores, Inc., had been incorporated in 1881. The sway had been widely dispersed upon the decease of John Dawson Sr., who had dual-lane his deal out among his 5 children and 14 grandchildren. Dawson Stores, Inc., had keep its deposit accounts with Springfield for many years, even...If you indispensableness to get a liberal essay, order it on our website: Ordercustompaper.com
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