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Discussion Board 04 2 Delia Alvarez, owner of Delia's Lawn Service, wants to borrow money to buy new lawn equipment. A local bank has asked

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Discussion Board 04 2 Delia Alvarez, owner of Delia's Lawn Service, wants to borrow money to buy new lawn equipment. A local bank has asked for financial statements. Alvarez has asked you to prepare financial statements for the year ended December 31, 20-- You have been given the unadjusted trial balance and suspect that Alvarez expects you to base your statements on this information. You are concerned, however, that some of the account balances may need to be adjusted. Address the issue explaining as to what additional information you need before you can prepare the financial statements. Alvarez is not familiar with accounting issues. Therefore, (1) explain why you need this information, (2) the potential impact of this information on the financial statements, (3) and the importance of making these adjustments before approaching the bank for a loan. Show All dien namin

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