(b) Trading. 4‚ 6‚ 7‚ 8‚ 10‚ 21 4 (c) Available-for-sale. 4‚ 7‚ 8‚ 9‚ 10‚ 11‚ 21 2‚ 10 4 1‚ 2‚ 3‚ 4‚ 7 1‚ 2‚ 3 3‚ 4‚ 5 Concepts for Analysis 1‚ 2‚ 3 1‚ 2‚ 3‚ 5 4‚ 7 1‚ 7 4 1‚ 4 1‚ 4 2. Bond amortization. 8‚ 9 3. Equity securities. 1‚ 12‚ 13‚ 16 (a) Available-for-sale. 7‚ 10‚ 11‚ 15‚ 21 5‚ 8 6‚ 8‚ 9‚ 11‚ 12‚ 16 5‚ 6‚ 8‚ 9‚ 10‚ 11‚ 12 1‚ 2‚ 3 (b) Trading. 6‚ 7‚ 8‚ 14‚ 15‚ 21 6 6‚ 7‚ 14‚
Premium Stock Stock market Bond
000 $600‚000 In excess of par value 0 $12‚000 0 Total paid-in capital 600‚000 642‚000 600‚000 Retained earnings 900‚000 858‚000 900‚000 Total stockholder’s equity $1‚500‚000 $1‚500‚000 $1‚500‚000 Outstanding Shares 60‚000 63‚000 120‚000 E12-1 Max Weinberg is studying for an accounting test and has developed the following questions about investments. 1. What are three reasons why companies purchase investments in debt or stock securities? Companies purchase securities to liquidate
Premium Stock market Stock Corporate finance
long-term contracts. 5. Identify the proper accounting for losses on long-term contracts. 6. Describe the installment method of accounting. 7. Explain the cost recovery method of accounting. *8. Explain revenue recognition for franchises. *9. Compare the accounting procedures related to revenue recognition under GAAP and IFRS. CHAPTER REVIEW 1. One of the most difficult issues facing accountants concerns the recognition of revenue by a business organization. Although general rules and
Premium Generally Accepted Accounting Principles Revenue Balance sheet
BUS 213 Intermediate Accounting I Suggested Problems (Kieso et al. Intermediate Accounting IFRS edition) Chapter Exercises/Problems 2 E2-3‚ E2-5‚ E2-6 3 E3-1‚ E3-5‚ E3-10‚ E3-11 4 E4-9‚ P4-4 5 E5-3‚ E5-7‚ E5-10‚ E5-13 18 E18-5‚ E18-10‚ E18-11‚ E18-15‚ E18-16‚ P18-6 7 E7-6‚ E7-12‚ E7-15‚ E7-18‚ E7-21‚ E7-28 8 E8-2‚ E8-9‚ E8-10‚ E8-13‚ E8-17 9 E9-1‚ E9-5‚ E9-7‚ E9-23 10 E10-4‚ E10-8‚ E10-14‚ E10-18‚ E10-25 11 E11-6‚ E11-12‚ E11-18‚ E11-19‚ E11-23‚ E11-26‚ E11-27‚ E11-29 14 E14-6
Premium Generally Accepted Accounting Principles Revenue Balance sheet
$300‚000; $300‚000 ÷ 10 yrs. = $30‚000 (b) $300‚000 ÷ 240‚000 units = $1.25; 25‚500 units X $1.25 = $31‚875 (c) $300‚000 ÷ 25‚000 hours = $12.00 per hr.; 2‚650 hrs. X $12.00 = $31‚800 (d) 10 + 9 + 8 + 7 + 6 + 5 + 4 + 3 + 2 + 1 = 55 OR n(n + 1) = 10(11) = 55 2 2 10 X $300‚000 X 1/3 = $18‚182 55 9 X $300‚000 X 2/3 = 32‚727 55 Total for 2015 $50‚909 (e) $315‚000 X 20% X 1/3 = $21‚000 [$315‚000 – ($315‚000 X 20%)] X 20% X 2/3 = 33‚600 Total for 2015 $54‚600 [May also
Premium Depreciation Generally Accepted Accounting Principles
The commandments are absolute pronouncements of right and wrong in all situations In Mormon 9:9 it says: "For do we not read that God is the same yesterday‚ today‚ and forever‚ and in him there is no variableness." This expresses that for every situation the commandments are the same. There is a clear example that shows that the commandments are the same regardless of the situation. We are commanded to be baptized for the remission of our sins. It is a requirement to enter the waters of baptism to
Premium Bible Jesus Christianity
MANAGERIAL This page intentionally left blank Jerry J. Weygandt PhD‚ CPA University of Wisconsin—Madison Madison‚ Wisconsin Paul D. Kimmel PhD‚ CPA University of Wisconsin—Milwaukee Milwaukee‚ Wisconsin John Wiley & Sons‚ Inc. Donald E. Kieso PhD‚ CPA Northern Illinois University DeKalb‚ Illinois Dedicated to the Wiley sales representatives who sell our books and service our adopters in a professional and ethical manner‚ and to Enid‚ Merlynn‚ and Donna Vice President & Executive
Premium Management accounting Cost accounting Activity-based costing
Chapter 19: Accounting for Income Taxes Fundamentals of Accounting for Income Taxes * Intro * Pretax Financial Income- income before taxes‚ income for financial reporting purposes‚ income for BOOK purposes * Determine according to GAAP * Taxable Income- amount used to compute income taxes payable * Determine using Internal Revenue Code (tax code) * Differences arise for a simple reason‚ for financial reporting purposes companies use the full accrual
Premium Taxation Generally Accepted Accounting Principles Balance sheet
Mead Professor McCormick Sociology 2 December 2012 District 9 Though this may seem like any other stereotypical extra-terrestrial movie‚ District 9 is unique in that it creates a scenario showing human discrimination towards alien begins; something that is an obvious metaphor for all racial discrimination. District 9 shows a world where the battle for previously eliminated racial equality resurfaces. It is no coincidence that District 9 is set in South Africa‚ where apartheid‚ discrimination mainly
Premium District 9 Racism Race
District 9 is more evolved as a science fiction film than Avatar if one analyses the following themes portrayed in the films: The Alien as the “other”‚ Genetic transformation and Dystopia through the use of camera angles and shots‚ colours and music. District 9’s prawns are seen as disgusting creatures that have no recognizable hierarchy‚ no drive and no understanding of their situation. They are just animals that have the misfortune of landing in Johannesburg. The main prawn in District 9 is Christopher
Premium District 9 Johannesburg English-language films