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Create your own Income Statement, Retained Earnings Statement and Balance Sheet. Do not create a Statement of Cash Flows. Make up the name of the
Create your own Income Statement, Retained Earnings Statement and Balance Sheet. Do not create a Statement of Cash Flows. Make up the name of the company, the accounts and the numbers. You will need to plug the cash (or other account) amount to make the Balance Sheet Balance. Assets = Liabilities + Owner's Equity. Use chapter 1, 1-20 in the e-book "wiley" for an example. Use 2 or 3 sheets of paper then scan it as a PDF and upload it or use Excel . Pay special attention to the arrows in the example.
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