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Activity Instructions
This assignment provides you the opportunity to prepare basic
financial statements and apply the knowledge learned in Unit 1
to locate financial information in a set of financial statements.
Complete P1-1 (page 33) and CP1-2 (page 37) from Chapter 1
of your
Financial Accounting
textbook.
Submission Requirements
All quantitative assignments must be completed in the Microsoft
Excel templates provided. In conjunction with the purchase of
your textbook, Excel templates have been specially arranged
with the publisher and embedded directly throughout the
courseroom for easy access (see the Resources section).
Create one workbook with multiple tabs, copying each
problem's template onto a separate tab and completing the work
there. Submit this single file in the assignment area. Include
your name and the assignment number in the file name; also
include your name and the problem number on each tab of the
document. All work should be shown. Assignments must not be
submitted as a PDF.
Refer to the scoring guide for this assignment to ensure that you
meet the grading criteria. Note that one scoring guide is used to
evaluate both of the problems in this assessment; each criterion
in the scoring guide relates to one or both of the problems here.

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Financial Statement Practice P1-1 & CP1-2

  • 1. Activity Instructions This assignment provides you the opportunity to prepare basic financial statements and apply the knowledge learned in Unit 1 to locate financial information in a set of financial statements. Complete P1-1 (page 33) and CP1-2 (page 37) from Chapter 1 of your Financial Accounting textbook. Submission Requirements All quantitative assignments must be completed in the Microsoft Excel templates provided. In conjunction with the purchase of your textbook, Excel templates have been specially arranged with the publisher and embedded directly throughout the courseroom for easy access (see the Resources section). Create one workbook with multiple tabs, copying each problem's template onto a separate tab and completing the work there. Submit this single file in the assignment area. Include your name and the assignment number in the file name; also include your name and the problem number on each tab of the document. All work should be shown. Assignments must not be submitted as a PDF. Refer to the scoring guide for this assignment to ensure that you meet the grading criteria. Note that one scoring guide is used to evaluate both of the problems in this assessment; each criterion in the scoring guide relates to one or both of the problems here.