QUESTION 3: FINANCIAL STATEMENTS
Background information needed to answer Question #3:
A potential investor has been identified, but before they are willing to commit, they have requested information about SunsTruck’s current debt from the junior accountants. You have been charged with reviewing the financial statements (found in the resources) and providing direction to the junior accountant to comply with the request from the potential investor.
Identify the correct financial statement for your junior accountants that will provide the investor with the information it has requested.
As a refresher, here are the types of financial statements.