1 Environment And Theoretical Structure Of Financial Accounting 2 Review Of The Accounting Process 3 The Balance Sheet And Financial Disclosures 4 The Income Statement, Comprehensive Income, And The Statement Of Cash Flows 5 Time Value Of Money Concepts 6 Revenue Recognition 7 Cash And Receivables 8 Inventories: Measurement 9 inventories: Additional Issues 10 Property, Plant, And Equipment And Intangible Assets: Acquisition 11 Property, Plant, And Equipment And Intangible Assets: Utilization And Disposition 12 Investments 13 Current Liabilities And Contingencies 14 Bonds And Long-term Notes 15 Leases 16 Accounting For Income Taxes 17 Pensions And Other Postretirement Benefits 18 Shareholders’ Equity 19 Share-based Compensation And Earnings Per Share 20 Accounting Changes And Error Corrections 21 The Statement Of Cash Flows Revisited A Derivatives expand_more
Chapter Questions expand_more
Problem 11.1Q Problem 11.2Q: Depreciation is a process of cost allocation, not valuation. Explain this statement. Problem 11.3Q: Identify and define the three characteristics of an asset that must be established to determine... Problem 11.4Q: Discuss the factors that influence the estimation of service life for a depreciable asset. Problem 11.5Q: What is meant by depreciable base? How is it determined? Problem 11.6Q Problem 11.7Q Problem 11.8Q: Why are time-based depreciation methods used more frequently than activity-based methods? Problem 11.9Q Problem 11.10Q Problem 11.11Q: Briefly explain the differences and similarities between the group approach and composite approach... Problem 11.12Q Problem 11.13Q Problem 11.14Q: What are some of the simplifying conventions a company can use to calculate depreciation for partial... Problem 11.15Q: Explain the accounting treatment required when a change is made to the estimated service life of a... Problem 11.16Q: Explain the accounting treatment and disclosures required when a change is made in depreciation... Problem 11.17Q: Explain the steps required to correct an error in accounting for property, plant, and equipment and... Problem 11.18Q Problem 11.19Q Problem 11.20Q Problem 11.21Q Problem 11.22Q: Briefly explain the differences between U.S. GAAP and IFRS in the measurement of an impairment loss... Problem 11.23Q: Under U.S. GAAP, litigation costs to successfully defend an intangible right are capitalized and... Problem 11.1BE: Cost allocation At the beginning of its fiscal year, Koeplin Corporation purchased a machine for... Problem 11.2BE Problem 11.3BE Problem 11.4BE Problem 11.5BE Problem 11.6BE Problem 11.7BE Problem 11.8BE Problem 11.9BE Problem 11.10BE Problem 11.11BE Problem 11.12BE Problem 11.13BE Problem 11.14BE Problem 11.15BE Problem 11.16BE Problem 11.17BE: Impairment; property, plant, and equipment LO118 Collison and Ryder Company (CR) has been... Problem 11.18BE Problem 11.19BE: IFRS; impairment; property, plant, and equipment LO118, LO1110 IFRS Refer to the situation... Problem 11.20BE Problem 11.21BE Problem 11.22BE: IFRS; impairment; goodwill LO1110 IFRS Refer to the situation described in BE 1116. Assume that... Problem 11.23BE: Subsequent expenditures LO119 Demmert Manufacturing incurred the following expenditures during the... Problem 11.1E Problem 11.2E Problem 11.3E Problem 11.4E Problem 11.5E Problem 11.6E: Depreciation methods; solving for unknowns LO112 For each of the following depreciable assets,... Problem 11.7E Problem 11.8E Problem 11.9E Problem 11.10E Problem 11.11E Problem 11.12E Problem 11.13E Problem 11.14E Problem 11.15E Problem 11.16E Problem 11.17E Problem 11.18E Problem 11.19E Problem 11.20E Problem 11.21E Problem 11.22E Problem 11.23E Problem 11.24E Problem 11.25E Problem 11.26E Problem 11.27E: Impairment; property, plant, and equipment LO118 Chadwick Enterprises, Inc. operates several... Problem 11.28E: IFRS; impairment; property, plant, and equipment LO1110 IFRS Refer to the situation described in... Problem 11.29E Problem 11.30E Problem 11.31E Problem 11.32E Problem 11.33E Problem 11.34E: FASB codification research LO118 The FASB Accounting Standards Codification represents the single... Problem 11.35E Problem 11.36E: Subsequent expenditures LO119 Belltone Company made the following expenditures related to its... Problem 11.37E Problem 11.38E: Concept s; terminology LO111 through LO116, LO118 Listed below are several items and phrases... Problem 11.39E Problem 11.1P: Depreciation methods; change in methods LO112, LO116 The fact that generally accepted accounting... Problem 11.2P Problem 11.3P Problem 11.4P Problem 11.5P Problem 11.6P Problem 11.7P Problem 11.8P Problem 11.9P Problem 11.10P Problem 11.11P Problem 11.12P Problem 11.13P Problem 11.14P Problem 11.1DMP: Analysis Case 111 Depreciation, depletion, and amortization LO111 The terms depreciation,... Problem 11.2DMP: Communication Case 112 Depreciation LO111 At a recent luncheon, you were seated next to Mr.... Problem 11.3DMP: Judgment Case 113 Straight-line method; composite depreciation LO111, LO112 Portland Co. uses the... Problem 11.4DMP Problem 11.5DMP Problem 11.7DMP Problem 11.8DMP Problem 11.9DMP: Research Case 119 FASB codification; locate and extract relevant information and cite authoritative... Problem 11.10DMP Problem 11.11DMP Problem 11.13DMP Problem 11.15DMP: Real World Case 1115 Depreciation and depletion method; asset impairment; subsequent expenditures;... Problem 11.16DMP Problem 1CCTC: Target Case LO112, LO118, LO119 Target Corporation prepares its financial statements according to... format_list_bulleted
Cornerstones of Financial AccountingAccountingISBN:9781337690881Author:Jay Rich, Jeff JonesPublisher:Cengage Learning