Horngren’s Financial and Managerial Accounting, The Financial Chapters (5th Edition)
Plus, with the app, put textbooks in your pocket and learn wherever. Learning Objective 4 Transferring Costs to Finished Goods Inventory Transferring Costs to Cost of Goods Sold Transactions 10 and 11—Jobs Sold: How Is The Manufacturing Overhead Account Adjusted? His interest began to focus on decision making by general management, and he developed a better appreciation of accounting as a decision-making tool. APPENDIX 3A: Alternative Treatment of Recording Deferred Expenses and Deferred Revenues What Is an Alternative Treatment of Recording Deferred Expenses and Deferred Revenues? Accounting for Accrued Expenses Accounting Without a Reversing Entry Accounting With a Reversing Entry Review Assess Your Progress Comprehensive Problem 1 for Chapters 1—4 Comprehensive Problem 2 for Chapters 1—4 Critical Thinking CHAPTER 5 Merchandising Operations What Are Merchandising Operations? Learning Objective 2 Step 1: Identify Activities and Estimate Their Total Indirect Costs Step 2: Identify the Allocation Base for Each Activity and Estimate the Total Quantity of Each Allocation Base Setup Production Testing Step 3: Compute the Predetermined Overhead Allocation Rate for Each Activity Step 4: Allocate Indirect Costs to the Cost Object Traditional Costing Systems Compared with ABC Systems How Can Companies Use Activity-Based Management to Make Decisions? Chapter 16 Learning Objectives Why Is Managerial Accounting Important? Requirements Continuing Problem P16-42 Tying It All Together Case 16-1 Requirements Decision Case 16-1 Requirements Ethical Issue 16-1 Requirements Communication Activity 16-1 Quick Check Answers 17 Job Order Costing What Does It Really Cost? Chapter 19 Learning Objectives How Do Companies Assign and Allocate Costs? Chapter 21 Learning Objectives How Does Variable Costing Differ from Absorption Costing? Chapter 22 Learning Objectives Why Do Managers Use Budgets? Increase asset Cash ; Increase equity Common Stock b. Learning Objective5 Income Statement Single-Step Income Statement Multi-Step Income Statement Statement of Retained Earnings and the Balance Sheet How Do We Use the Gross Profit Percentage to Evaluate Business Performance? Learning Objective 3 Sales Budget Production Budget Direct Materials Budget Direct Labor Budget Manufacturing Overhead Budget Cost of Goods Sold Budget Selling and Administrative Expense Budget How Are Financial Budgets Prepared for a Manufacturing Company? Decrease asset Cash ; Decrease liability Accounts Payable f. Reimagined learning, designed for you. Known to everyone as Chuck, he was not only a well-loved member of the Stanford community, he was also regarded with the same admiration by his professional peers beyond the university. Learning Objective 3 Pricing and Product Mix Decisions Cost Management Decisions How Can Activity-Based Management Be Used in Service Companies? Income Statement Statement of Retained Earnings and the Balance Sheet How Do We Use the Gross Profit Percentage to Evaluate Business Performance? Increase through net income.
He was the author of four other textbooks on financial and management accounting, all of which continue to be published with coauthors in their later editions. Learning Objective 5 How Could a Worksheet Help in Preparing Adjusting Entries and The Adjusted Trial Balance? This latest 5th edition continues the emphasis on student success and provides resources for professors to create an engaging and active classroom. Following high school graduation, he entered the U. Learning Objective 1 Accounts Payable Sales Tax Payable Income Tax Payable Unearned Revenues Short-term Notes Payable Current Portion of Long-term Notes Payable How Do Companies Account For and Record Payroll? Learning Objective 1 What Concepts and Principles Apply to Accrual Basis Accounting? Learning Objective 2 Contribution Margin Unit Contribution Margin Contribution Margin Ratio Contribution Margin Income Statement How Is Cost-Volume-Profit CVP Analysis Used? Horizontal Analysis of the Income Statement Horizontal Analysis of the Balance Sheet Trend Analysis How Do We Use Vertical Analysis to Analyze a Business? Decision Makers: The Users of Accounting Information The Accounting Profession What Are the Organizations and Rules That Govern Accounting? Learning Objective 1 Accounting Principles Consistency Principle Disclosure Principle Materiality Concept Conservatism Control Over Merchandise Inventory Try It! The revenue accounts are always listed first and then subtotaled if necessary. Their pedagogy and content use leading methods in teaching readers critical foundational topics and concentrates on improving results — all tested in class by the authors themselves. Garrison, Eric Noreen, Peter C. Appendix B Learning Objectives What is an Accounting Information System? Accounting is the information system that measures business activities, processes the information into reports, and communicates the results to decision makers.
Charles T. Horngren, Management Accounting Pioneer: 1926
Learning Objective 5 Income Statement Statement of Retained Earnings Balance Sheet Statement of Cash Flows How Do You Use Financial Statements to Evaluate Business Performance? Chapter 1 Learning Objectives Why is Accounting Important? Increase asset Cash ; Increase equity Rental Revenue g. Learning Objective 5 Review Things You Should Know Check Your Understanding Solution Key Terms Quick Check ASSESS YOUR PROGRESS Review Questions Short Exercises S14-1 Describing the purposes of the statement of cash flows S14-2 Classifying items on the statement of cash flows S14-3 Classifying items on the indirect statement of cash flows S14-4 Computing cash flows from operating activities—indirect method S14-5 Computing cash flows from operating activities—indirect method S14-6 Computing cash flows from investing and financing activities S14-7 Computing investing and financing cash flows Requirements S14-8 Preparing the statement of cash flows—indirect method S14-9 Computing the change in cash; identifying non-cash transactions Requirements S14-10 Computing free cash flow S14A-11 Preparing a statement of cash flows using the direct method S14A-12 Preparing operating activities using the direct method S14A-13 Preparing the direct method statement of cash flows S14A-14 Preparing the direct method statement of cash flows Requirements S14B-15 Using a spreadsheet to complete the statement of cash flows—indirect method Exercises E14-16 Classifying cash flow items E14-17 Classifying transactions on the statement of cash flows—indirect method E14-18 Classifying items on the indirect statement of cash flows E14-19 Computing operating activities cash flow—indirect method E14-20 Computing operating activities cash flow—indirect method E14-21 Preparing the statement of cash flows—indirect method E14-22 Computing cash flows for investing and financing activities Requirements E14-23 Computing the cash effect Requirements E14-24 Preparing the statement of cash flows—indirect method E14-25 Identifying and reporting non-cash transactions E14-26 Analyzing free cash flow E14A-27 Preparing operating activities cash flow—direct method E14A-28 Preparing the statement of cash flows—direct method E14A-29 Computing cash flow items—direct method Requirements E14A-30 Computing cash flow items—direct method Requirements E14B-31 Using a spreadsheet to prepare the statement of cash flows—indirect method Problems Group A P14-32A Identifying the purpose and preparing the statement of cash flows—indirect method Requirements P14-33A Preparing the statement of cash flows—indirect method P14-34A Preparing the statement of cash flows—indirect method with non-cash transactions Requirements P14-35A Preparing the statement of cash flows—indirect method, evaluating cash flows, and measuring free cash flows Requirements P14A-36A Preparing the statement of cash flows—direct method Requirements P14A-37A Preparing the statement of cash flows—direct method Requirements P14B-38A Using a spreadsheet to prepare the statement of cash flows—indirect method Problems Group B P14-39B Identifying the purpose and preparing the statement of cash flows—indirect method Requirements P14-40B Preparing the statement of cash flows—indirect method P14-41B Preparing the statement of cash flows—indirect method with non-cash transactions Requirements P14-42B Preparing the statement of cash flows—indirect method, evaluating cash flows, and measuring free cash flows Requirements P14A-43B Preparing the statement of cash flows—direct method Requirements P14A-44B Preparing the statement of cash flows—direct method Requirements P14B-45B Using a spreadsheet to prepare the statement of cash flows—indirect method Critical Thinking Using Excel P14-46 Using Excel to prepare the statement of cash flows, indirect method Requirements Continuing Problem P14-47 Preparing the statement of cash flows—indirect method Requirement Tying It All Together Case 14-1 Requirements Decision Case 14-1 Ethical Issue 14-1 Requirements Financial Statement Case 14-1 Requirements Quick Check Answers 15 Financial Statement Analysis What Are the Tools That Help Users Analyze a Business? I will miss him deeply. Computing the Lower-of-Cost-or-Market Recording the Adjusting Journal Entry to Adjust Merchandise Inventory What Are the Effects of Merchandise Inventory Errors on the Financial Statements? As teachers first, the author team knows the importance of delivering a reader experience free of obstacles. The beginning retained earnings is listed first and will always be the ending retained earnings from the previous time period. Solution manual for Intermediate Accounting 10th Canadian Edition volume 1 Donald E.
Solution Manual For Horngrens Financial and Managerial Accounting The Managerial Chapters 5th Edition Miller Nobles
Relationships Among the Financial Statements How Could a Worksheet Help in Preparing Financial Statements? The header includes the name of the business and the title of the statement but the date is different. After graduating as class valedictorian in 1949 with a BS degree, he worked in public accounting but soon discovered that he loved teaching and began teaching a heavy load of accounting courses at a for-profit business college. Income Statement Statement of Retained Earnings Balance Sheet Statement of Cash Flows How Do You Use Financial Statements to Evaluate Business Performance? Learning Objective 6 Signature Card Deposit Ticket Check Bank Statement Electronic Funds Transfers Bank Reconciliation Preparing the Bank Side of the Bank Reconciliation Deposits in Transit Outstanding Deposits Outstanding Checks Bank Errors Preparing the Book Side of the Bank Reconciliation Bank Collections Electronic Funds Transfers Service Charge Interest Revenue on a Checking Account Nonsufficient Funds NSF Checks Book Errors Completing the Bank Reconciliation Examining a Bank Reconciliation Bank Side of the Reconciliation Book Side of the Reconciliation Journalizing Transactions from the Bank Reconciliation How Can the Cash Ratio Be Used to Evaluate Business Performance? As teachers first, the author team knows the importance of delivering a reader experience free of obstacles. Cash Flows from Operating Activities Cash Flows from Investing Activities Cash Flows from Financing Activities Net Change in Cash and Cash Balances Non-cash Investing and Financing Activities How Do We Use Free Cash Flow to Evaluate Business Performance? No access codes are included. Learning Objective 3 Assets Liabilities Equity How Do You Analyze a Transaction? With this in mind, the 6th Edition continues to focus on readability and comprehension and takes this a step further in the managerial chapters by employing a new theme to help readers see how managerial accounting is used as a tool to help all business people make decisions. The dividends are subtracted from retained earnings.
Horngrens Financial and Managerial Accounting The Financial Chapters 6th Edition Nobles Solutions Ma by Perkins
How Could a Worksheet Help in Preparing Adjusting Entries and the Adjusted Trial Balance? Equity Securities with Less Than 20% Ownership Cost Method Equity Securities with 20% to 50% Ownership Equity Method Equity Securities with More Than 50% Ownership Consolidations How Are Debt and Equity Securities Reported? The Horngrens were married in 1952 and had four children who survive them: son Scott and his wife, Yone McNally, of Portland, Ore. Learning Objective 4 Allocating Overhead in a Standard Cost System Variable Overhead Variances Variable Overhead Cost Variance Variable Overhead Efficiency Variance Summary of Variable Overhead Variances Fixed Overhead Variances Fixed Overhead Cost Variance Fixed Overhead Volume Variance Summary of Fixed Overhead Variances What Is the Relationship Among the Product Cost Variances, and Who Is Responsible for Them? The family asks that in lieu of flowers, memorial donations may be made to Pathways, 585 North Mary Ave. Learning Objective 4 Setting Up the Petty Cash Fund Replenishing the Petty Cash Fund Changing the Amount of the Petty Cash Fund How Are Credit Card Sales Recorded? Learning Objective 3 Direct Materials Variances Direct Materials Cost Variance Direct Materials Efficiency Variance Summary of Direct Materials Variances Direct Labor Variances Direct Labor Cost Variance Direct Labor Efficiency Variance Summary of Direct Labor Variances How Are Standard Costs Used to Determine Manufacturing Overhead Variances? Learning Objective 3 The Purchases Journal Recording Transactions Posting Accounts Payable Subsidiary Ledger Posting to the General Ledger The Cash Payments Journal Recording Transactions Posting Posting to the Accounts Payable Subsidiary Ledger Posting to the General Ledger The General Journal How are Transactions Recorded in a Computerized Accounting Information System? Learning Objective 6 APPENDIX 9A: Exchanging Plant Assets How Are Exchanges of Plant Assets Accounted For? He could reliably be found in the faculty lounge at lunch, green apple in hand, and a good story or anecdote at hand. Learning Objective 2 Equivalent Units of Production How Is a Production Cost Report Prepared For the First Department? Purchase of Debt Securities Interest Revenue Disposition at Maturity How Are Investments in Equity Securities Accounted For? Learning Objective 4 Net Present Value NPV NPV with Equal Periodic Net Cash Inflows NPV with Unequal Periodic Net Cash Inflows NPV of a Project with Residual Value Profitability Index Internal Rate of Return IRR IRR with Equal Periodic Net Cash Inflows IRR with Unequal Periodic Net Cash Flows Comparing Capital Investment Analysis Methods Sensitivity Analysis Capital Rationing Review Things You Should Know Check Your Understanding 26-1 Requirements Solution Requirement 1 Requirement 2 Requirement 3 Check Your Understanding 26-2 Requirements Solution Requirement 1 Requirement 2 Requirement 3 Key Terms Quick Check ASSESS YOUR PROGRESS Review Questions Short Exercises S26-1 Outlining the capital budgeting process S26-2 Using payback to make capital investment decisions S26-3 Using accounting rate of return to make capital investment decisions S26-4 Using the payback and accounting rate of return methods to make capital investment decisions Requirements S26-5 Using the payback method to make capital investment decisions S26-6 Using the ARR method to make capital investment decisions S26-7 Using the payback and ARR methods to make capital investment decisions Requirements S26-8 Using the payback and ARR methods to make capital investment decisions S26-9 Determining present value Requirements S26-10 Determining present value Requirements S26-11 Determining future value S26-12 Using NPV to make capital investment decisions S26-13 Using NPV to make capital investment decisions S26-14 Using IRR to make capital investment decisions S26-15 Using NPV to make capital investment decisions Exercises E26-16 Defining capital investments and the capital budgeting process Methods Definitions E26-17 Defining capital investment terms E26-18 Using payback to make capital investment decisions Requirements E26-19 Using payback to make capital investment decisions E26-20 Using payback to make capital investment decisions E26-21 Using ARR to make capital investment decisions E26-22 Using the time value of money Requirements E26-23 Using the time value of money E26-24 Using NPV to make capital investment decisions Requirements E26-25 Using NPV and profitability index to make capital investment decisions Requirements E26-26 Using IRR to make capital investment decisions E26-27 Using capital rationing to make capital investment decisions E26-28 Using capital rationing to make capital investment decisions Problems Group A P26-29A Using the time value of money Requirements P26-30A Using payback, ARR, NPV, IRR, and profitability index to make capital investment decisions Requirements P26-31A Using payback, ARR, NPV, IRR, and profitability index to make capital investment decisions Requirements P26-32A Using payback, ARR, and NPV with unequal cash flows Requirements P26-33A Using Excel to solve for NPV and IRR Requirements Problems Group B P21-34B Using the time value of money Requirements P26-35B Using payback, ARR, NPV, IRR, and profitability index to make capital investment decisions Requirements P26-36B Using payback, ARR, NPV, IRR, and profitability index to make capital investment decisions Requirements P26-37B Using payback, ARR, and NPV with unequal cash flows Requirements P26-38B Using Excel to solve for NPV and IRR Requirements Critical Thinking Using Excel P26-39 Using Excel for capital budgeting calculations Requirements Continuing Problem P26-40 Using payback, ARR, NPV, and IRR to make capital investment decisions Requirements COMPREHENSIVE PROBLEM Comprehensive Problem for Chapters 25 and 26 Requirements Tying It All Together Case 26-1 Requirements Ethical Issue 26-1 Requirements Fraud Case 26-1 Requirements Team Project 26-1 Requirements Communication Activity 26-1 Quick Check Answers Appendix A Present Value Tables Future Value Tables Appendix B Accounting Information Systems Is There a More Efficient Way? In 2008 he was asked by a writer for Business Finance magazine what he would do to improve the field of finance. Learning Objective6 Appendix5A: Accounting for Multiple Performance Obligations How Are Multiple Performance Obligations Recorded in a Perpetual Inventory System? Requirements Tying It All Together Case 13-1 Requirements Decision Case 13-1 Requirements Financial Statement Case 13-1 Requirements Team Project 13-1 Requirements Communication Activity 13-1 Quick Check Answers 14 The Statement of Cash Flows Why Is Cash So Important? Chapter 2 Learning Objectives What Is an Account? Chloe could also consider a limited liability company LLC as an option. Learning Objective 2 Payback Payback with Equal Annual Net Cash Inflows Payback with Unequal Net Cash Inflows Criticism of Payback Accounting Rate of Return ARR What Is the Time Value of Money? He advised Stanford University during the indirect cost debate in the 1990s and was a frequent speaker to both academic and professional audiences, always arguing for behavior that met his exacting standards. Learning Objective 3 Recording Bad Debts Expense—Allowance Method Writing Off Uncollectible Accounts—Allowance Method Recovery of Accounts Previously Written Off—Allowance Method Estimating and Recording Bad Debts Expense—Allowance Method Percent-of-Sales Method Percent-of-Receivables Method Aging-of-Receivables Method Comparison of Accounting for Uncollectibles How Are Notes Receivable Accounted For? Financing activities include cash from the issuance of common stock and payment of cash dividends.
Solution Manual Horngren s Financial Managerial Accounting 6th Edition Tracie L Miller Nobles
APPENDIX 4A: Reversing Entries: An Optional Step What Are Reversing Entries? Review Assess Your Progress Critical Thinking CHAPTER 8 Receivables What Are Common Types of Receivables, and How Are Credit Sales Recorded? Learning Objective 1 Budgeting Objectives Budgeting Benefits Planning Coordination and Communication Benchmarking Budgeting Procedures Budgeting and Human Behavior What Are the Different Types of Budgets? Horngren was recruited to the Stanford Graduate School of Business in 1966 as Dean Ernest Arbuckle was building an impressive faculty that would earn the school a world-renowned reputation. Cash purchase of office supplies. Your questions answered Introducing Pearson+. Learning Objective 5 Sales Budget Inventory, Purchases, and Cost of Goods Sold Budget Selling and Administrative Expense Budget How Are Financial Budgets Prepared for a Merchandising Company? What Concepts and Principles Apply to Accrual Basis Accounting? Learning Objective 1 Types of Receivables Accounts Receivable Notes Receivable Other Receivables Exercising Internal Control Over Receivables Recording Sales on Credit Decreasing Collection Time and Credit Risk Credit Card and Debit Card Sales Factoring and Pledging Receivables How Are Uncollectibles Accounted for When Using the Direct Write-Off Method? Green Mountain Coffee Roasters, Inc. It seems that greed affects decision making too often.
Learning Objective 5 Accounting for Intangibles Specific Intangibles Patents Copyrights and Trademarks Franchises and Licenses Goodwill Reporting of Intangible Assets How Do We Use the Asset Turnover Ratio to Evaluate Business Performance? Learning Objective 4 How Are Intangible Assets Accounted For? Learning Objective 2 Factors in Computing Depreciation Depreciation Methods Straight-Line Method Units-of-Production Method Double-Declining-Balance Method Comparing Depreciation Methods Depreciation for Tax Purposes Partial-Year Depreciation Changing Estimates of a Depreciable Asset Reporting Property, Plant, and Equipment How Are Disposals of Plant Assets Recorded? Learning Objective 2 Strategic and Operational Budgets Static and Flexible Budgets Master Budgets How Are Operating Budgets Prepared for a Manufacturing Company? Chapter 20 Learning Objectives How Do Costs Behave When There Is a Change in Volume? Horngren, the Edmund W. Chapter 9 Learning Objectives How Does a Business Measure the Cost of Property, Plant, and Equipment? Learning Objective 2 Manufacturing Companies Direct and Indirect Costs Manufacturing Costs Prime and Conversion Costs Product and Period Costs How Do Manufacturing Companies Prepare Financial Statements? Learning Objective 6 Quality Management Systems The Four Types of Quality Costs Quality Improvement Programs Review Things You Should Know Check Your Understanding 19-1 Requirements Solution Requirement 1 Requirement 2 Requirement 3 Requirement 4 Check Your Understanding 19-2 Requirements Solution Requirement 1 Requirement 2 Requirement 3 Key Terms Quick Check ASSESS YOUR PROGRESS Review Questions Short Exercises S19-1 Computing single plantwide overhead allocation rates Requirements S19-2 Computing departmental overhead allocation rates Requirements S19-3 Using activity-based costing S19-4 Calculating costs using traditional and activity-based systems Requirements S19-5 Computing indirect manufacturing costs per unit S19-6 Computing indirect manufacturing costs per unit, traditional and ABC Requirements S19-7 Using ABC to compute product costs per unit S19-8 Using ABC to compute product costs per unit S19-9 Using ABM to achieve target profit S19-10 Using ABM in a service company S19-11 Using ABM in a service company S19-12 Identifying just-in-time characteristics S19-13 Recording JIT costing journal entries S19-14 Matching cost-of-quality examples to categories Exercises E19-15 Computing and using single plantwide overhead allocation rate E19-16 Computing and using departmental overhead allocation rates E19-17 Computing and using activity-based costing overhead allocation rates Requirement 1 Requirement 2 E19-18 Computing product costs in an activity-based costing system Requirements E19-19 Computing product costs in an activity-based costing system Requirements E19-20 Computing product costs in traditional and activity-based costing systems Requirements E19-21 Using activity-based costing to make decisions Requirements E19-22 Using activity-based management and target costing E19-23 Using activity-based costing to make decisions Requirements E19-24 Allocating indirect costs and computing income, service company Requirements E19-25 Computing ABC allocation rates, service company E19-26 Using ABC to allocate costs and compute profit, service company Requirements E19-27 Using ABC to achieve target profit, service company E19-28 Recording manufacturing costs in a JIT costing system Requirements E19-29 Recording manufacturing costs in a JIT costing system Requirements E19-30 Classifying quality costs E19-31 Classifying quality costs and using these costs to make decisions Requirements E19-32 Classifying quality costs and using these costs to make decisions Requirements Problems Group A P19-33A Comparing costs from ABC and single-rate systems Requirements P19-34A Computing product costs in an ABC system Requirements P19-35A Computing product costs in an ABC system Requirements P19-36A Using ABC in a service company Requirements P19-37A Recording manufacturing costs for a JIT system Requirements P19-38A Analyzing costs of quality Requirements Problems Group B P19-39B Comparing costs from ABC and single-rate systems Requirements P19-40B Computing product costs in an ABC system Requirements P19-41B Computing product costs in an ABC system Requirements P19-42B Using ABC in a service company Requirements P19-43B Recording manufacturing costs for a JIT system Requirements P19-44B Analyzing costs of quality Requirements Critical Thinking Using Excel P19-45 Using Excel for allocating manufacturing overhead with activity-based costing ABC Requirement Continuing Problem P19-46 Comparing costs from ABC and single-rate systems Requirements Tying It All Together Case 19-1 Requirements Decision Cases Decision Case 19-1 Requirements Decision Case 19-2 Ethical Issue 19-1 Fraud Case 19-1 Requirements Quick Check Answers 20 Cost-Volume-Profit Analysis What Is Cost-Volume-Profit Analysis? Learning Objective 4 Computing the Lower-of-Cost-or-Market Recording the Adjusting Journal Entry to Adjust Merchandise Inventory What Are The Effects of Merchandise Inventory Errors on the Financial Statements? Learning Objective 5 Review Things You Should Know Check Your Understanding Requirements Solutions Requirement 1 Requirement 2 Requirement 3 Key Terms Quick Check Assess Your Progress Review Questions Short Exercises S10-1 Identifying why companies invest and classifying investments Requirements S10-2 Accounting for debt investments Requirements S10-3 Accounting for equity investments Requirements S10-4 Accounting for equity investments Requirements S10-5 Accounting for debt investments Requirements S10-6 Accounting for debt investments Requirements S10-7 Computing rate of return on total assets Exercises E10-8 Accounting for debt investments Requirements E10-9 Accounting for debt investments Requirements E10-10 Accounting for debt investments Requirements E10-11 Accounting for debt investments Requirements E10-12 Accounting for equity investments Requirements E10-13 Accounting for equity investments Requirements E10-14 Accounting for equity investments Requirements E10-15 Accounting for equity investments Requirements E10-16 Classifying and accounting for equity investments Requirements E10-17 Computing rate of return on total assets Problems Group A P10-18A Accounting for debt investments Requirements P10-19A Classifying and accounting for debt and equity investments Requirements P10-20A Accounting for equity investments Requirements Problems Group B P10-21B Accounting for debt investments Requirements P10-22B Classifying and accounting for debt and equity investments Requirements P10-23B Accounting for equity investments Requirements Critical Thinking Using Excel P10-24 Using Excel to prepare balance sheet presentation of equity and debt securities Requirements Continuing Problem P10-25 Accounting for debt and equity investments Requirements Tying It All Together Case 10-1 Requirements Decision Case 10-1 Requirements Ethical Issue 10-1 Requirements Fraud Case 10-1 Requirements Financial Statement Case 10-1 Requirements Communication Activity 10-1 Quick Check Answers 11 Current Liabilities and Payroll How Do Businesses Account for Current Liabilities and Payroll? APPENDIX 12A: The Time Value of Money What Is the Time Value of Money, and How Is the Present Value of a Future Amount Calculated? Issuing Common Stock at Par Value Issuing Common Stock at a Premium Issuing No-Par Common Stock Issuing Stated Value Common Stock Issuing Common Stock for Assets Other Than Cash Issuing Preferred Stock How Is Treasury Stock Accounted For? Purchases of Merchandise Inventory Sale of Merchandise Inventory Adjusting and Closing Entries Preparing Financial Statements Review Assess Your Progress Comprehensive Problem for Chapters 1—5 Critical Thinking CHAPTER 6 Merchandise Inventory What Are the Accounting Principles and Controls That Relate to Merchandise Inventory? Vertical Analysis of the Income Statement Vertical Analysis of the Balance Sheet Common-Size Statements Benchmarking How Do We Use Ratios to Analyze a Business? Learning Objective 3 Before the Period—Calculating the Predetermined Overhead Allocation Rate During the Period—Allocating Overhead Transaction 8—Overhead Allocation: What Happens When Products Are Completed and Sold? Debt Securities Versus Equity Securities Reasons to Invest Classification and Reporting of Investments How Are Investments in Debt Securities Accounted For? Recording Bad Debts Expense—Allowance Method Writing Off Uncollectible Accounts—Allowance Method Recovery of Accounts Previously Written Off—Allowance Method Estimating and Recording Bad Debts Expense—Allowance Method Comparison of Accounting for Uncollectibles How Are Notes Receivable Accounted For? The Eleventh Edition expands on the proven success of the significant revision to the Horngren franchise and uses what the authors have learned from focus groups, market feedback, and colleagues to create livelier classrooms, provide meaningful learning tools, and give professors resources to help students inside and outside the class. Learning Objective 2 Recording and Writing Off Uncollectible Accounts—Direct Write-off Method Recovery of Accounts Previously Written Off—Direct Write-off Method Limitations of the Direct Write-off Method How Are Uncollectibles Accounted For When Using the Allowance Method? Learning Objective 4 Trading Debt Investments Disposition Available-for-Sale Debt Investments Disposition Held-to-Maturity Debt Investments Equity Investments with No Significant Influence How Do We Use the Rate of Return on Total Assets to Evaluate Business Performance? Learning Objective 5 Variance Relationships Variance Responsibilities How Do Journal Entries Differ in a Standard Cost System? Learning Objective 2 Goals of Performance Evaluation Systems Promoting Goal Congruence and Coordination Communicating Expectations Motivating Segment Managers Providing Feedback Benchmarking Limitations of Financial Performance Measurement The Balanced Scorecard Financial Perspective Customer Perspective Internal Business Perspective Learning and Growth Perspective How Do Companies Use Responsibility Accounting to Evaluate Performance in Cost, Revenue, and Profit Centers? Learning Objective 7 Time Value of Money Concepts Simple Interest Versus Compound Interest Future Value and Present Value Factors Present Value of a Lump Sum Present Value of an Annuity Present Value of Bonds Payable Present Value of a Bonds Payable Issued at a Discount Present Value of a Bonds Payable Issued at a Premium Future Value of a Lump Sum Future Value of an Annuity Appendix 12B: Effective-Interest Method of Amortization How Are Bonds Payable Accounted For Using the Effective-Interest Amortization Method? How Are Merchandise Inventory Costs Determined Under a Perpetual Inventory System? Sale of Merchandise Inventory Sales Discounts Sales Returns and Allowances Transportation Costs—Freight Out Net Sales Revenue and Gross Profit What Are the Adjusting and Closing Entries for a Merchandiser? The Time Period Concept The Revenue Recognition Principle The Matching Principle What Are Adjusting Entries and How Do We Record Them? Learning Objective 3 Production Cost Report—First Process—Assembly Department How Is a Production Cost Report Prepared for Subsequent Departments? Statement of Retained Earnings: a. Learning Objective7 Appendix5B: Accounting for Merchandise Inventory in a Periodic Inventory System How Are Merchandise Inventory Transactions Recorded in a Periodic Inventory System? The 5th Edition expands on the proven success of the important revision to the Horngren franchise and uses what the authors have learned from market feedback, focus groups, and colleagues to create livelier classrooms, offer meaningful learning tools, and give professors resources to help students inside and outside the class. Solution manual for Business Data Networks and Security 10th edition by Raymond R.
Horngren's Financial & Managerial Accounting: The Financial Chapters
A LLC meets two of the three criteria. Learning Objective 6 APPENDIX 18A: Process Costing: First-In, First-Out Method How Is a Production Cost Report Prepared Using the FIFO Method? In 1990 he was inducted into the Accounting Hall of Fame and was honored repeatedly for his contributions to the American Accounting Association, for which he served as president and director of research. Learning Objective 1 Internal Control and the Sarbanes-Oxley Act The Components of Internal Control Control Procedures Risk Assessment Information System Monitoring of Controls Environment Internal Control Procedures Competent, Reliable, and Ethical Personnel Assignment of Responsibilities Separation of Duties Audits Documents Electronic Devices E-Commerce Other Controls The Limitations of Internal Control—Costs and Benefits What Are the Internal Control Procedures With Respect to Cash Receipts? Learning Objective 5 Transaction 1—Raw Materials Purchased Transaction 2—Raw Materials Used in Production Transaction 3—Labor Costs Incurred Transaction 4—Additional Manufacturing Costs Incurred Transaction 5—Allocation of Manufacturing Overhead Transaction 6—Transfer from the Assembly Department to the Cutting Department Transaction 7—Transfer from Cutting Department to Finished Goods Inventory Transaction 8—Puzzles Sold Transaction 9—Adjust Manufacturing Overhead How Can the Production Cost Report Be Used to Make Decisions? Chapter 11 Learning Objectives How Are Current Liabilities of Known Amounts Accounted For? Learning Objective 1 Advantages of Decentralization Disadvantages of Decentralization Responsibility Accounting Responsibility Centers Cost Center Revenue Center Profit Center Investment Center Responsibility Reports What Is a Performance Evaluation System, and How Is It Used? Solution manual for Labor Economics 6th edition by George J. His textbook, Cost Accounting: A Managerial Emphasis, is now in its 14 th edition. Bonus Plans Vacation, Health, and Pension Benefits Warranties How Are Contingent Liabilities Accounted For? A limited-liability company has one or more members and each is only liable for his or her own actions, has an indefinite life, and is not a separate tax entity. . The header includes the name of the business, the title of the statement, and the time period.
