guidance shall be deemed or construed to impose upon Franchisee any obligation to charge any fixed, minimum or maximum prices for any product offered for sale by the Franchise. Pretzel Time reserves the right to advertise retail prices of Pretzel Time Products, provided that such retail prices are qualified as "suggested." The parties understand and agree that such advertising shall not be construed as requiring Franchisee to adhere to such prices but Franchisee shall have complete freedom to establish retail prices. 15. ACCOUNTING, REPORTS AND FINANCIAL STATEMENTS. 15.A. ESTABLISHMENT OF ACCOUNTING SYSTEM. Franchisee shall establish at his own expense a complete and accurate bookkeeping, accounting, record keeping and data processing system prepared in accordance with generally accepted accounting principles and conforming to the requirements and formats that Pretzel Time prescribes from time to time. Pretzel Time shall provide Franchisee with forms on which to maintain certain sales and operational data. Franchisee shall furnish to Pretzel Time on said forms that Pretzel Time prescribes from time to time: (i) On Tuesday of each week, a report on the Unit's net revenues and sales and operations for the previous week; (ii) Every six calendar month period, a balance sheet and a profit and loss statement for the Unit for the previous semi-annual period and a year to-date statement of financial condition as of the end of such previous period; and (iii) Within thirty (30) days after Franchisee's year end, an annual financial report. The reports required in Section 15.A. (ii) and (iii) if not audited, should be signed by the Franchisee or its financial officer, attesting that (1) the reports are true and accurate, (2) they are prepared in accordance with GAPP on a basis consistent with prior periods, (3) they fully describe and completely disclose the information sought, and (4) the