Chapter 18 Hw

CHAPTER 18
Revenue Recognition
ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC)
Brief Exercises 1, 2, 3, 4, 6 Concepts for Analysis 1, 2, 3, 4, 5, 7, 8, 9

Topics

Questions

Exercises 1, 2, 3, 4, 5, 6, 7, 8, 10, 11

Problems 1

*1. Realization and recognition; 1, 2, 3, 4, sales transactions; high 5, 6, 7, 8, rates of return. 9, 10, 12, 13, 29

2. Consignments. *3. Long-term contracts.

11, 29 14, 15, 16, 17, 18, 19, 29 20, 21, 23, 24, 25, 26, 27, 28, 29

5 7, 8, 9, 10, 11 12, 13, 14

9 12, 13, 14, 15,16, 17, 18 19, 20, 21, 22, 23, 24 21, 25, 26 23, 24 27, 28 1, 2, 3, 4, 5, 6, 7, 15, 16, 17 1, 8, 9, 10, 11, 12, 14 10, 11, 12, 13, 14 8, 9 10 1, 2, 3, 6

*4. Installment sales.

1, 2, 3

*5. Repossessions on installment sales. *6. Cost-recovery method; deposit method. *7. Franchising. 20, 21, 22, 30, 31 32, 33, 34, 35

13 15 16

*This material is dealt with in an Appendix to the chapter.

Copyright © 2011 John Wiley & Sons, Inc.

Kieso, Intermediate Accounting, 14/e, Solutions Manual

(For Instructor Use Only)

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ASSIGNMENT CLASSIFICATION TABLE (BY LEARNING OBJECTIVE)
Brief Exercises

Learning Objectives 1. 2. 3. 4. 5. 6. 7. *8. Apply the revenue recognition principle. Describe accounting issues for revenue recognition at point of sale. Apply the percentage-of-completion method for long-term contracts. Apply the completed-contract method for long-term contracts. Identify the proper accounting for losses on long-term contracts. Describe the installment-sales method of accounting. Explain the cost-recovery method of accounting. Explain revenue recognition for franchises.

Exercises 6, 7, 8, 9

Problems

1, 2, 3, 4, 5, 6 7, 8 9, 10 11 12, 13, 14 15 16

1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11 12, 13, 14, 15, 16, 17 12, 16, 17, 18 18 19, 20, 21, 22, 23, 24, 25, 26 23, 24 27, 28

1 1, 2, 3, 4, 5, 6, 7, 16, 17 1, 2, 3, 5, 6, 7, 15, 16, 17 5, 6, 7, 15 1, 8, 9, 10, 11, 12, 13, 14

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