Nicole owns and operates The Foothill Grill, a small local breakfast shop. She's hired you as a consultant to help redesign the shop's accounting information system. Nicole has financed the restaurant's operations with a combination of her own money, investments from friends and family and bank loans. She currently employs six staff in addition to herself: two cooks, three servers and a custodian.
-Nicole wants to expand The Foothill Grill's operations and is considering incorporating and opening other locations in her geographic area. If she follows through with that plan, what related transactions would you expect to see in her new accounting information system?
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