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What follows is a list of transactions entered into by a company for which you are the accountant. From these transactions, you are to create
What follows is a list of transactions entered into by a company for which you are the accountant. From these transactions, you are to create three of the four standard financial statements, to wit: 1) Balance Sheet; 2) Income Statement; 3) Statement of Retained Earnings. Don't prepare a Statement of Cash Flow. The Balance Sheet will be dated March 31, 2015, and the other three statements will be for the three months ended March 31, 2015. Please turn in the four statements, your journal entries, and your T-accounts. Assume that:
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