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DEEFER DOG K 9 TREATS INC. After another successful year at university, Ebony Johnson was returning home for the summer to work. Ebony s summer

DEEFER DOG K9 TREATS INC.
After another successful year at university, Ebony Johnson was returning home for the summer to work.
Ebonys summer job was to learn many of the responsibilities of her familys dogfood making business, which
she would one day take over. To help understand the business, her family felt that the first thing she should
do was construct the three fundamental financial statements. Her disorganized Uncle Andre had provided
her with the list of accounts that he had compiled for the fiscal year ending March 31,2022. However, in
typical Uncle Andre form, the accounts were in no particular order. Ebony realized she would have to use
the skills she learned in her business course to sort through them and construct a Statement of Earnings,
Statement of Retained Earnings and a Balance Sheet. After a quick glance, Ebony realized that several
accounts were missing and that one didnt seem appropriate for the statements at all
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