Question: Blooming Flower Company was started in 2016 when it acquired

Blooming Flower Company was started in 2016 when it acquired $60,000 cash from the issue of common stock. The following data summarize the company’s first three years’ operating activities. Assume that all transactions were cash transactions.
Required
Prepare an income statement (use multistep format) and balance sheet for each fiscal year.



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  • CreatedApril 20, 2015
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