Complete the following practice exercises from Chapter 1 and 2 and submit them to your instructor. This assignment will be graded as a completion only to allow you to transition into the subject matter during the first week. The instructor will post the answers to these exercises by the end of Day 6 for you to check your accuracy and comprehension on the subject matter. Exercises: 1-2, 1-4, 1-9, 1-12, 1-18, 2-1, 2-3, 2-19, 2-22, 2-25.

This pack of ACC 201 Week 1 Chapter 1 and 2 Practice Exercises include:

EXERCISE 1-2

a.Investors put assets into the company with the hope of sharing profits. Creditors lend assets to the company with the hope of repayment of the principal as well as interest on the loan.

b. Kennedy CompanyAccounting Equation

c. Kennedy CompanyAccounting Equation

EXERCISE 1-4

EXERCISE 1-9

EXERCISE 1-12

EXERCISE 1-18

EXERCISE 2-1

EXERCISE 2-1 b. (cont.)

EXERCISE 2-1 b. (cont.)

EXERCISE 2-3

EXERCISE 2-19

EXERCISE 2-22

EXERCISE 2-25