a. Panther Marine mangement is very impressed with the work you have done so far filling in for the regular accountant. They have reached there fiscal year end and now need your help creating the financial statements for the fiscal year ended June 30, 2017.

b. Check figures are NOT available for part II. Financial statements have the following built-in check figures:

1. Balance sheet total assets must equal total liabilities and stockholder's equity

2. Statement of cash flows net change in cash MUST equal the change in cash from "changes" columns on adjusted trial balance sheet

c. Each worksheet within this workbook contains further instructions. READ ALL INSTRUCTIONS BEFORE COMPLETING EACH WORKSHEET. PART II IS COMPLETELY INDEPENDENT OF PART I. Below is a brief overview of the required work to complete each worksheet. Students MUST follow the order below:

1. Complete adjusted trial balance worksheet: "changes" columns (only the identifed cells).

2. Complete IS June 2017 worksheet: Create a mult-step income statement

3. Complete Smnt of RE June 2017 worksheet: Create a statement of retained earnings

4. Complete BS June 2017 worksheet: Create a classified balance sheet

5. Complete Statement of CF June 2017 worksheet: create a statement of cash flows using the INDIRECT method.