9-1: Group Paper and Presentation – BAM Year 3 Aguamaint solutions

 Using Word and/or Excel, prepare corrected balance sheet and statement of income and retained earnings including supporting schedules that incorporate the following items (Excel – Financial statements and journal entries. Word – Examinations, summaries, disclosure notes, etc…):

1. Evaluation of the issuance of common stock.
2. Assessment of the accounting for start-up costs.
3. Analysis of the capitalization vs. expense treatment.
4. Evaluation of revenue recognition including income deferral.
5. Formulation of the accounting treatment for net operating losses.
6. Calculation of the earnings per share.
7. Prepare a statement of cash flows.
8. Draft a complete set of financial statement disclosure notes.