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Please do not copy it is a request, thank you Business: Opening a new restaurant...

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Accounting

Please do not copy it is a request, thank you

Business: Opening a new restaurant

Instructions: make it according to you (new balancesheet cash flow and income statement), I do not have any additional data for it, it is for an assignment I have prepared it fro a new restaurant business

1. Prepare a pro forma balance sheet describing the financial position of the organization at the end of the year and prepare a pro forma statement of cash flow and income statement for the first year.

2. Describe how the figures in the pro forma financial statements were derived and why you think that they are accurate. (this is very important and you must describe your thinking and give some kind of evidence-based on your industry)

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