1 The Demand For And Supply Of Financial Accounting Information 2 Financial Reporting: Its Conceptual Framework 3 Review Of A Company's Accounting System 4 The Balance Sheet And The Statement Of Shareholders' Equity 5 The Income Statement And The Statement Of Cash Flows M Time Value Of Money Module 6 Cash And Receivables 7 Inventories: Cost Measurement And Flow Assumptions 8 Inventories: Special Valuation Issues 9 Current Liabilities And Contingent Obligations 10 Property, Plant And Equipment: Acquisition And Subsequent Investments 11 Depreciation, Depletion, Impairment, And Disposal 12 Intangibles 13 Investments And Long-term Receivables 14 Financing Liabilities: Bonds And Long-term Notes Payable 15 Contributed Capital 16 Retained Earnings And Earnings Per Share 17 Advanced Issues In Revenue Recognition 18 Accounting For Income Taxes 19 Accounting For Post Retirement Benefits 20 Accounting For Leases 21 The Statement Of Cash Flows 22 Accounting For Changes And Errors expand_more
Chapter Questions expand_more
Problem 1GI Problem 2GI Problem 3GI: What are the three components and the basic framework of shareholders equity? Problem 4GI: List the various rights of a shareholder. Which do you consider to be the most important? Problem 5GI: What is the meaning of the following terms: (a) authorized capital stock, (b) issued capital stock,... Problem 6GI Problem 7GI Problem 8GI: How does preferred stock differ from common stock? Problem 9GI: What amount of the proceeds from the issuance of no-par, no-stated-value stock is recorded in the... Problem 10GI Problem 11GI Problem 12GI Problem 13GI Problem 14GI Problem 15GI Problem 16GI Problem 17GI Problem 18GI Problem 19GI Problem 20GI: How is a preferred stock similar to a long-term bond? How is it similar to common stock? Problem 21GI Problem 22GI Problem 23GI Problem 24GI Problem 25GI Problem 26GI: What additional disclosures about preferred and common shares does the FASB require? Problem 1MC Problem 2MC Problem 3MC: What is the most likely effect of a stock split on the par value per share and the number of shares... Problem 4MC Problem 5MC Problem 6MC Problem 7MC Problem 8MC: When treasury stock is purchased for cash at more than its par value, what is the effect on total... Problem 9MC: Preferred stock that may be retired by the corporation at its option is known as: a. convertible b.... Problem 10MC: When treasury stock accounted for by the cost method is subsequently sold for more than its purchase... Problem 1RE: Brown Corporation issues 800 shares of its 5 par common stock for 20 per share. Prepare the journal... Problem 2RE: Heart Corporation entered into a subscription contract with several subscribers. The contract... Problem 3RE: Blue Corporation issues 200 packages of securities for 80 per package, or a total of 16,000. Each... Problem 4RE: Sun Corporation issues 500 shares of 8 par common stock for a patent. The stock is currently selling... Problem 5RE: Next Level Morgan Corporation issues 500 packages of securities for 180 per package. Each package... Problem 6RE Problem 7RE Problem 8RE Problem 9RE Problem 10RE: Assume Cole Corporation originally issued 300 shares of 50 par convertible preferred stock at 110... Problem 11RE: Violet Corporation issues 1,200 shares of 150 par value preferred stock at a price of 200 per share.... Problem 12RE: Assume that Lily Corporation has outstanding 1,500 shares of 150 par callable preferred stock that... Problem 13RE: Tulip Corporation uses the cost method to account for treasury stock transactions. What journal... Problem 1E: Par Value and No-Par Stock Issuance Caswell Corporation is authorized to issue 10,000 shares of... Problem 2E: Combined Sale of Stock Maxville Company issues 300 shares of 50 par preferred stock and 1,000 shares... Problem 3E: Sale of Stock with Bonds Pilsen Company issues 12% bonds with a face value of 10,000 and 600 shares... Problem 4E: Issuance of Stock for Land Putt Company issues 500 shares of 100 preferred stock to Drive... Problem 5E Problem 6E Problem 7E Problem 8E Problem 9E Problem 10E Problem 11E Problem 12E Problem 13E: Stock Rights with Preferred Stock Nelson Corporation issues 6,000 shares of 100 par preferred stock... Problem 14E: Various Journal Entries Lodi Company is authorized to issue 100,000 shares of no-par, 6 stated-value... Problem 15E: Treasury Stock, Cost Method On January 1, Lorain Corporation had 2,000 shares of 5 par common stock... Problem 16E Problem 17E: Treasury Stock, Cost Method (and IFRS Revaluation) Holland Incorporateds records provide the... Problem 18E: Treasury Stock, Cost and Par Value Methods On January 1, West Company had outstanding 10,000 shares... Problem 19E: Treasury Stock, No Par Propst-Steele Production Corporations accounting records provide the... Problem 1P Problem 2P Problem 3P Problem 4P Problem 5P Problem 6P Problem 7P: Issuances of Stock Cada Corporation is authorized to issue 10,000 shares of 100 par, convertible,... Problem 8P: Issuances of Stock Epple Corporation is authorized to issue 20,000 shares of 100 par, convertible,... Problem 9P Problem 10P: Comprehensive The shareholders equity section of Superior Corporations balance sheet as of December... Problem 11P Problem 12P: Comprehensive Byrd Companys Contributed Capital section of its January 1, 2016, balance sheet is as... Problem 13P Problem 14P Problem 15P: Reconstruct Journal Entries At the end of its first year of operations, Leo Company lists the... Problem 16P Problem 17P Problem 1C Problem 2C Problem 3C Problem 4C: Capital Stock Capital stock is an important area of a corporations equity section. Generally the... Problem 5C: Treasury Stock A corporation sometimes engages in treasury stock transactions. Required: 1. Define... Problem 6C Problem 7C Problem 8C: Compensatory Share Option Plan Tom Twitlet, president of Twitlet Corporation, is considering... Problem 9C Problem 10C: Treasury Stock For numerous reasons, a corporation may reacquire shares of its own capital stock.... Problem 11C Problem 12C Problem 13C Problem 14C format_list_bulleted