Prepare pro forma income statement for the quarter

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Question - Perez Company is a retail company that specializes in selling outdoor camping equipment. The company is considering opening a new store on October 1, 2019. The company president formed a planning committee to prepare master budget for the first three months of operation. As budget coordinator, you have been assigned the following tasks:

Required -

1. Prepare pro forma income statement for the quarter.

2. Prepare pro forma balance sheet at the end of the quarter.

3. Prepare pro forma statement of cash flows for the quarter.

Reference no: EM132615446

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