Assignment title: Information


1. From the Extracts of the Financial Information above, your task is to: 1.1. Match the numbered balance sheets extracts (1-5), to the letter descriptions of the companies (A-E). That is, match the numbers to the letters. 1.2. Provide reasons for how you chose the match. In particular, what specific line items did you focus on and why? 2. Prepare appropriate statutory financial statements for any ONE of the companies on the list. Notes to Statements are not required, but may be included if deemed necessary. (It is suggested that you replace the percentage amounts with dollar amounts) 3. Discuss the following quote: "The disclosure of immaterial information reduces understandability of financial statements because immaterial information can obscure and detract from the useful information that is reported."