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Balance sheet and cash flow statement for the business

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You have to assume that you are running Ice cream Van, this small business in Canada. Make necessary logical assumptions about your financial, investment and operational details (income, expenses, sales, loans etc.) and prepare income statement, balance sheet and cash flow statement for the business. You can consider the duration of Jan'2019 to Dec'2019 for preparing statement. If you are considering past trends, you can assume that you have been running the business from 2017. You can use the Kaplan group videos and documents as a reference.(You do not need to perform analysis and ratios)

Reference no: EM132608942

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