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Assignment 1 on FS and AIS Once you have completed the assignment below, you must submit your answers using the answer sheet provided in Canvas;

Assignment 1 on FS and AIS
Once you have completed the assignment below, you must submit your answers using the answer sheet provided in Canvas; not all answers will be turned in. Once submitted, your answers cannot be changed, but where appropriate, partial credit will be given. For future reference, you should keep a copy of your answers (outside of Canvas) as they will not be available to view given the nature of the grading process.
The Lowe Company was founded in 2019; since then, the company has been fairly successful; however, in an effort to save some money, the president has been keeping track of the financial records rather than hiring a professional accountant. Although some data is missing, a comparative report of year-end account balances appears below; all numbers are as of December 31st unless noted otherwise.
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