The following financial statements are available for Elm Corporation for its first month of operations: Required Using the format illustrated in Exhibit 3-1, prepare a table to summarize the...

The following financial statements are available for Elm Corporation for its first month of operations:

Required

Using the format illustrated in Exhibit 3-1, prepare a table to summarize the transactions entered into by Elm Corporation during its first month of business. State any assumptions you believe are necessary in reconstructing the transactions.