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Instructions: 1. Please input the your name at the top section of this sheet. Automatic deduction of 5 marks if name is not included. 2. Save the file under your name followed by HW1_Section. For Example Orlando Brown_HW1_NUU. Automatic deduction of 5 marks if saving convention not followed. 3. Please read the requirements for each exercise and answer each part in the excel sheet provided for that part. 4. Please show all workings. Only 1 mark will be awarded for each answer where workings are not shown. Question Description Earned Available

1 Balance Sheet 0 10

2 Income Statement 0 10

3 Accounting Equation 0 10

4 Financial Statements 0 7

5 Financial Statements 0 13

6 Qualitative characteristics & Foundations 0 10

7 Payroll 0 28

8 Payroll 0 12

0 100