Assets Cash Accounts Receivable Inventory Land Equipment Accumulative Depreciation Equipment Total Liabilities & Stockholders' Equity Accounts payable Bonds payable Common stock ($1 par) Retained earnings Total Instructions: Work in group of 3 to 4 students. 2. Select two accounts from the financial statements above. December 31 2023 $ $ $ $ 73,000 82,000 180,000 71,000 260,000 (69,000) 597,000 34,000 150,000 214,000 199,000 597,000 3. For each financial statements account, document at least 3 activities within that account cycle. 4. For each activity, document the relevant assertion(s). You may explain why your team selected the assertion. 5. Please hand in your group responses* on October 31 or November 1. * Please type your responses in word and printed so that it is legible and easy to read.

Instructions: 1. Work in group of 3 to 4 students. 2. Select two accounts from the financial statements above. 3. For each financial statements account, document at least 3 activities within that account cycle. 4. For each activity, document the relevant assertion(s). You may explain why your team selected the assertion. 5. Please hand in your group responses" on October 31 or November 1. - Please type your responses in word and printed so that it is legible and easy to read