Question: Each student is required to use a computer spreadsheet to develop a complete set of formal finan- cial statements (Income Statement, Retained Earnings Statement,

Each student is required to use a computer spreadsheet to develop a complete set of formal finan- cial statements (Income Statement, Retained Earnings Statement,

Each student is required to use a computer spreadsheet to develop a complete set of formal finan- cial statements (Income Statement, Retained Earnings Statement, and Balance Sheet) for Company (you may select the name of your company). The financial statements should be prepared in proper order using proper terminology and showing appropriate totals and subtotals. The financial statements should be linked so that changes in one statement will be automatically reflected in the other financial statements.

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