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Required information Skip to question [The following information applies to the questions displayed below.] Perez Company is a retail company that specializes in selling outdoor

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[The following information applies to the questions displayed below.]

Perez Company is a retail company that specializes in selling outdoor camping equipment. The company is considering opening a new store on October 1, year 1. The company president formed a planning committee to prepare a master budget for the first three months of operation. As budget coordinator, you have been assigned the following tasks.

rev: 11_27_2019_QC_CS-191610

  1. Prepare a pro forma income statement for the quarter.

    PEREZ COMPANY
    Pro Forma Income Statement
    For the Quarter Ended December 31, year 1
    0
    0
    $0
  2. Prepare a pro forma balance sheet at the end of the quarter. (Amounts to be deducted should be indicated by a minus sign.)

    PEREZ COMPANY
    Pro Forma Balance Sheet
    December 31, year 1
    Assets
    0
    Total assets $0
    Liabilities
    Equity
    Total liabilities and equity $0
  3. Prepare a pro forma statement of cash flows for the quarter. (Amounts to be deducted should be indicated by a minus sign.)

    PEREZ COMPANY
    Pro Forma Statement of Cash Flows
    For the Quarter Ended December 31, year 1
    Cash flows from operating activities
    Net cash flows from operating activities $0
    Cash flows from investing activities
    Cash flow from financing activities
    $0

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