A potential investor has been identified
A potential investor has been identified, but before it is willing to commit, it has requested information about SunsTruck’s current debt from the junior accountants. Identify the correct financial statement for your junior accountants that will provide the investor with the information it has requested. Underline your selection: 1. Income statement 2. Balance sheet 3. Cash flow statement Explain to your junior accountants why you are giving them this financial statement and where the debt information is located.
