Create a financial statement for your hypothetical new business venture based on surveying a specific market place, make a best-guess estimated statement exhibiting profit and loss.

Financial statement

Create a financial statement for your hypothetical new business venture based on surveying a specific market place, make a best-guess estimated statement exhibiting profit and loss.

• In business, accuracy counts, so make sure to check and recheck your numbers before submitting your financial statements. Your grade will be based on the completeness and accuracy of the Income Statement.