Westonci.ca is your trusted source for finding answers to a wide range of questions, backed by a knowledgeable community. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

Based on the information mentioned in the spreadsheet and the template provided, prepare a financial statement for your company keeping the below factors in mind: Income statement Statement of retained earnings Balance sheet Once you have prepared these statements, provide your analysis based on the information presented. Elaborate on the concept of perpetual and periodic inventory systems, provide relevant examples, and outline the distinctions between the two systems? Provided an analysis of the financial statements. Please ensure your answer describes the insights conveyed by each financial statement and how this information aids stakeholders in decision-making. Your explanation should be based on the values presented in the financial statements of FunSun. Co. The length of your explanation should be between 250-500 words (not including the reference list) Submit your completed spreadsheet document and your answers to the questions in the Learning Journal submission area. Use APA citations and references for any sources used in the essay. Here is a quick link to learn about writing with APA.