INTERMEDIATE ACCOUNTING
8th Edition
ISBN: 9780078025839
Author: J. David Spiceland
Publisher: McGraw-Hill Education
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Textbook Question
Chapter 3, Problem 3.8BE
Financial statement disclosures
• LO3–4
For each of the following note disclosures, indicate whether the disclosure would likely appear in (A) the summary of significant accounts policies or (B) a separate note: (1)
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Students have asked these similar questions
#6
Item
Prior year
Current year
Accounts payable
8,182.00
7,768.00
Accounts receivable
6,011.00
6,766.00
Accruals
Cash
Common Stock
COGS
Current portion long-term debt
Depreciation expense
Interest expense
Inventories
Long-term debt
1,022.00
1,542.00
???
???
11,535.00
12,370.00
12,726.00
18,265.00
4,989.00
5,013.00
2,500
2,833.00
733
417
4,158.00
4,820.00
14,080.00
14,452.00
Net fixed assets
51,720.00
54,916.00
Notes payable
4,306.00
9,860.00
Operating expenses (excl. depr.)
13,977
18,172
Retained earnings
28,006.00
29,332.00
Sales
35,119
47,524.00
Taxes
2,084
2,775
What is the firm's total change in cash from the prior year to the current year?
Submit
Answer format: Number: Round to: 0 decimal places.
22 - Which of the following accounts is not included in the opening record?
A) linked securitiesB) net profit for the periodC) accumulated depreciationD) long term Bank loansE) ordinary income and profits
37-a
At the end of the operating period, a rediscount of 7.500 TL has been calculated for the debt securities.
Accordingly, which of the following accounts is correct to use in the posting to be made at the end of the period ?
a)
321 Debt Securities Hs. Credited 7.500 TL
B)
647 Rediscount Interest Income Hs. Creditor 7.500 TL
NS)
657 Rediscount Interest Expenses Hs. Borrower 7.500 TL
D)
647 Rediscount Interest Income Hs. Borrower 7.500 TL
TO)
321 Debt Securities Hs. Borrower 7.500 TL
Chapter 3 Solutions
INTERMEDIATE ACCOUNTING
Ch. 3 - Prob. 3.1QCh. 3 - Prob. 3.2QCh. 3 - Define current assets and list the typical asset...Ch. 3 - Prob. 3.4QCh. 3 - Prob. 3.5QCh. 3 - Prob. 3.6QCh. 3 - Describe the common characteristics of assets...Ch. 3 - Prob. 3.8QCh. 3 - Prob. 3.9QCh. 3 - Define the terms paid-in-capital and retained...
Ch. 3 - Disclosure notes are an integral part of the...Ch. 3 - A summary of the companys significant accounting...Ch. 3 - Define a subsequent event.Ch. 3 - Prob. 3.14QCh. 3 - Prob. 3.15QCh. 3 - Prob. 3.16QCh. 3 - Prob. 3.17QCh. 3 - Show the calculation of the following solvency...Ch. 3 - Prob. 3.19QCh. 3 - Prob. 3.20QCh. 3 - (Based on Appendix 3) Segment reporting...Ch. 3 - Prob. 3.22QCh. 3 - Prob. 3.23QCh. 3 - Current versus long-term classification LO32,...Ch. 3 - Prob. 3.2BECh. 3 - Prob. 3.3BECh. 3 - Prob. 3.4BECh. 3 - Prob. 3.5BECh. 3 - Prob. 3.6BECh. 3 - Balance sheet preparation; missing elements LO32,...Ch. 3 - Financial statement disclosures LO34 For each of...Ch. 3 - Prob. 3.9BECh. 3 - Prob. 3.10BECh. 3 - Calculating ratios; solving for unknowns LO38 The...Ch. 3 - Prob. 3.1ECh. 3 - Prob. 3.2ECh. 3 - Prob. 3.3ECh. 3 - Prob. 3.4ECh. 3 - Prob. 3.5ECh. 3 - Prob. 3.6ECh. 3 - Prob. 3.7ECh. 3 - Prob. 3.8ECh. 3 - Prob. 3.9ECh. 3 - Financial statement disclosures LO34 The...Ch. 3 - Prob. 3.11ECh. 3 - Prob. 3.12ECh. 3 - Prob. 3.13ECh. 3 - FASB codification research LO32, LO34 Access the...Ch. 3 - Prob. 3.15ECh. 3 - Prob. 3.16ECh. 3 - Prob. 3.17ECh. 3 - Prob. 3.18ECh. 3 - Prob. 3.19ECh. 3 - Effect of management decisions on ratios LO38...Ch. 3 - Prob. 3.21ECh. 3 - Prob. 3.22ECh. 3 - Prob. 1CPACh. 3 - Prob. 2CPACh. 3 - Prob. 3CPACh. 3 - Prob. 4CPACh. 3 - Prob. 5CPACh. 3 - Prob. 6CPACh. 3 - Prob. 7CPACh. 3 - Prob. 8CPACh. 3 - Prob. 1CMACh. 3 - Prob. 2CMACh. 3 - Prob. 3CMACh. 3 - Balance sheet preparation LO32, LO33 Presented...Ch. 3 - Prob. 3.2PCh. 3 - Prob. 3.3PCh. 3 - Prob. 3.4PCh. 3 - Prob. 3.5PCh. 3 - Prob. 3.6PCh. 3 - Prob. 3.7PCh. 3 - Prob. 3.8PCh. 3 - Prob. 3.9PCh. 3 - Prob. 3.10PCh. 3 - Communication Case 31 Current versus long-term...Ch. 3 - Analysis Case 32 Current versus long- term...Ch. 3 - Prob. 3.4BYPCh. 3 - Prob. 3.5BYPCh. 3 - Prob. 3.6BYPCh. 3 - Prob. 3.7BYPCh. 3 - Prob. 3.8BYPCh. 3 - Prob. 3.9BYPCh. 3 - Prob. 3.11BYPCh. 3 - Analysis Case 3–14
Balance sheet information
LO3–2...Ch. 3 - Prob. 3.15BYPCh. 3 - Ethics Case 316 Segment reporting Appendix 3 You...
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