Revised Income Statement (Blue Tab) I need help interpreting the word problems 1 through 5 found underneath
Question:
Revised Income Statement (Blue Tab)
I need help interpreting the word problems 1 through 5 found underneath PEYTON APPROVED PRO FORMA INFORMATION" and on the worksheet called Milestone 2 Instructions and have adjusting journal entries performed for these word problems. I need someone to help me follow the directions found on the Hints and Tips. This way, I can figure out how to prepare the pro forma financials for 2018 using all the information found on the Financial statements from 2017 too. I am only supposed to focus on the financial statements, which are associated with "Preliminary." Alright? However, I uploaded the financial statements associated with "Revised" anyways.
The company is planning to open another location in 2018 . Prepare pro forma financials for 2018 for the new location using the above information you see at the very top of this question posting.