Assignment- Juliette's Lemonade Stands Purpose: Completing and analyzing financial statements Requirements 1. Create "Pre-season" or starting Balance Sheets for both Victor and Sam 2. Create Income Statement, SH Equity and Balance Sheet for both Victor and Sam - End of Season 3. Create a Statement of Cash Flows for both Victor and Sam (will be able to complete after Chapter 11) Accounts (15) to use in the financial statements are as follows: Cash, Accounts Receivable, Supplies (cups), Inventory (mix), Equipment (umbrella, pitcher, table), Accounts Payable, Salaries Payable, Common Stock, Retained Earnings, Sales, Cost of Sales, Salaries Expense, Depreciation Expense, Loss on Equipment, Dividends