Team Instructions: Divide the Class into Teams of Three or Four

question 180

Essay

Team Instructions: Divide the class into teams of three or four people.Each team member should work the following problem separately outside of class.Then give the students time in class to compare answers with their teammates and put together a final correct copy of the problem.Each team should turn in only one copy of the problem for grading.All team members will receive the same grade.
First do Parts A through C on your own.Then get together with your team and prepare a team solution to hand in.
Part A: Record Icon Consultant's transactions below by filling in the amount and the account title from the list of accounts below (use the abbreviations given):
Part B: Using Part A,fill in the missing information on the following financial statements for the year ended December 31,2012. Part C:

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Definitions:

Scandium

A rare, light, silvery-metallic element used in some aerospace applications.

Halogens

A group of highly reactive elements located in Group 17 of the periodic table, which include fluorine, chlorine, bromine, iodine, and astatine.

Atomic Symbol

A one- or two-letter notation used to represent an element, based on its Latin name.

Copper

A red-orange metallic element that is ductile and conductive, used extensively in electrical wiring and plumbing.