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Digital item No Waiting Time Instant DownloadISBN-10: 1119274427 ISBN-13: 978-1119274421Publisher : Wiley; 11th editionAuthor: Donald E. Kieso
In the accounting principles that the student is learning, it is usual for complex concepts to be difficult to grasp. Such concepts are easy to learn with the help of the Intermediate Accounting Volume 2, 11th Canadian Edition Solution Manual. It also increases the students’ confidence when accounting by addressing the more complex areas of accounting.
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Before proceeding with the solution manual of Intermediate Accounting, you need to realize which topic relates to literature of your study. Each topic elaborates concepts before proceeding to do practical case studies with exercises.There are scenarios to these exercises and working them helps fasten comprehension and applicability in such scenarios.
When looking to score better in Intermediate Accounting Volume 2, 11th Canadian Edition Solution Manual consider its effective application. It not only helps accounting students but also establishes a wealth of knowledge that will benefit your future in this field. Overcome the problems of grasping accounting concepts for beginners by facilitating yourself adequately.
CHAPTER 14
LONG-TERM FINANCIAL LIABILITIES
ASSIGNMENT CLASSIFICATION TABLE
|
Topics |
Brief Exercises |
Exercises |
Problems |
||
|
1. |
Understand the nature of long-term debt. |
1, 2 |
1, 2 |
1, 2 |
|
|
2. |
Understand how long-term debt is measured and accounted for. |
3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18 |
3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18 |
1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 13 |
|
|
3. |
Recognition and derecognition of debt and debt restructurings. |
19, 20, 21 |
17, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28 |
6, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20 |
|
|
4. |
Presentation of long-term debt. |
24 |
16, 18, 29, 30 |
2, 8, 10 |
|
|
5. |
Disclosure requirements. |
31 |
9, 10 |
||
|
6. |
Long-term debt analysis. |
25 |
7 |
||
|
7. |
Differences between IFRS and ASPE. |
||||
NOTE: If your students are solving the end-of-chapter material using a financial calculator or an Excel spreadsheet as opposed to the PV tables, please note that there will be a difference in amounts. Excel and financial calculators yield a more precise result as opposed to PV tables. The amounts used for the preparation of journal entries in solutions have been prepared from the results of calculations arrived at using the PV tables.
ASSIGNMENT CHARACTERISTICS TABLE
|
Item |
Description |
Level of Difficulty |
Time(minutes) |
|
|
E14-1 |
Features of long-term debt. |
Simple |
10-15 |
|
|
E14-2 |
Information related to various bond issues. |
Simple |
35-45 |
|
|
E14-3 |
Entries for bond transactions. |
Simple |
15-20 |
|
|
E14-4 |
|
Entries for bond transactions—effective interest. |
Simple |
15-20 |
|
E14-5 |
Entries for bond transactions—straight-line. |
Simple |
15-20 |
|
|
E14-6 |
Entries for noninterest-bearing debt. |
Simple |
15-20 |
|
|
E14-7 |
Imputation of interest. |
Simple |
15-20 |
|
|
E14-8 |
Instalment note. |
Moderate |
15-20 |
|
|
E14-9 |
Purchase of equipment with noninterest-bearing debt. |
Moderate |
15-20 |
|
|
E14-10 |
Purchase of equipment with noninterest-bearing debt. |
Moderate |
15-20 |
|
|
E14-11 |
Entries for bond transactions. |
Moderate |
15-20 |
|
|
E14-12 |
Amortization schedule—straight-line. |
Simple |
15-20 |
|
|
E14-13 |
Amortization schedule—effective interest. |
Simple |
15-20 |
|
|
E14-14 |
Determine proper amounts in account balances. |
Moderate |
15-20 |
|
|
E14-15 |
Government interest free loan |
Moderate |
15-20 |
|
|
E14-16 |
Entries and questions for bond transactions. |
Moderate |
20-30 |
|
|
E14-17 |
Entries for retirement of bonds. |
Simple |
10-15 |
|
|
E14-18 |
Entries for retirement and issuance of bonds – straight line. |
Simple |
15-20 |
|
|
E14-19 |
Entries for retirement and issuance of bonds – effective interest. |
Complex |
30-35 |
|
|
E14-20 |
Entry for retirement of bond; bond issue costs. |
Moderate |
20-25 |
|
|
E14-21 |
Entries for retirement and issuance of bonds. |
Simple |
15-20 |
|
|
E14-22 |
Impairments. |
Moderate |
15-25 |
|
|
E14-23 |
Settlement of debt. |
Moderate |
15-20 |
|
|
E14-24 |
Term modification debtor’s entries. |
Moderate |
20-30 |
|
|
E14-25 |
Term modification creditor’s entries. |
Moderate |
25-30 |
|
|
E14-26 |
Settlement debtor’s entries. |
Moderate |
25-30 |
|
|
E14-27 |
Settlement creditor’s entries. |
Moderate |
20-30 |
|
|
E14-28 |
Debtor/creditor entries for modification of troubled debt. |
Moderate |
20-25 |
$55.00 Original price was: $55.00.$30.00Current price is: $30.00.
$55.00 Original price was: $55.00.$30.00Current price is: $30.00.
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