Intermediate Accounting – financial statement articulation

Instructions:
The purpose of this exercise is to demonstrate how financial statements and footnotes are connected to one another. This is called “financial statement articulation” and it derives from the most fundamental principle of accounting – the accounting equation. The exercise has a set of financial statements and selected footnotes. Several amounts are missing in each financial statement. The missing amounts are identified with a unique number in bold brackets, such as [1]. Your task is to locate the missing amounts by searching other financial statements and footnotes. Some items may a calculation by you. Use the answer sheet to record the missing amount and source for each item using the following source

Abbreviation: Source:
BS Balance Sheet
IS Income Statement (Statement of Operations)
CI Statement of Comprehensive Income
SE Statement of Shareholders’ Equity
CF Statement of Cash Flows
FN# Footnote Number (# is the footnote number)
CALC Calculated (by you)

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