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Unformatted text preview: ActSc 371 F2009 Assignment One Solve the following chapter-end questions in 5th Canadian Ed. Use a spreadsheet program if nec- essary. Students are expected to solve all even-numbered questions with the given solutions for the tests. Due date: Oct. 5 (M) during 11:30-12:30 at MC 6128 (This is office hour held by Xiaqing Li) Use the problem number in this assignment, not the question number of the textbook If your assignment is not stapled properly, 5 points will be deducted AND you will get zeros for all those lost pages. Late submission penalty: -5 points if you submit it on the due date, but after the deadline; submission unacceptable after this date (you can always submit it earlier) A copy of the textbook is on reserve in DC library (reserve no. UWD 1542) Problems: 75 points in total 1. [5 pts] Solve Text Question 2.1 with the following change: Inventory amount is $270,000. Note that the common stock item is missing; compute and insert it to complete the balance sheet.item is missing; compute and insert it to complete the balance sheet....
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- Fall '08