# Chap14 Intermediate Accounting Ii

Topics: Bond, Debt, Interest Pages: 96 (22295 words) Published: February 14, 2012
CHAPTER 14
Long-Term Liabilities
ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC)
Topics 1. Long-term liability; classification; definitions. Issuance of bonds; types of bonds. Premium and discount; amortization schedules. Questions 1, 10, 14, 20, 23, 24, 25 2, 3, 4, 9, 10, 11 5, 6, 7, 8, 11 1, 2, 3, 4, 5, 6, 7 3, 4, 6, 7, 8, 10 Brief Exercises Exercises 1, 2 Problems 10, 11 Concepts for Analysis 1, 2, 3

2.

3, 4, 5, 6, 7, 8, 9, 10, 11 4, 5, 6, 7, 8, 9, 10, 11, 13, 14, 15 12, 13, 14, 15 16, 17, 18 19

1, 2, 3, 4, 5, 6, 7, 10 1, 2, 3, 4, 5, 6, 7, 10, 11 2, 4, 5, 6, 7, 10 8, 9 10

1, 3, 6

3.

1, 2, 3, 4

4. 5. 6.

Retirement and refunding of debt. Imputation of interest on notes. Disclosures of long-term obligations. Troubled debt restructuring.

12, 13 14, 15, 16, 17, 18 19, 20, 21, 22, 23, 24 27, 28, 29, 30, 31, 32

11 12, 13, 14, 15 9

3, 4, 5

1, 3, 5

*7.

20, 21, 22, 23, 24, 25, 26

13, 14, 15

*This material is discussed in the Appendix to the Chapter.

Kieso, Intermediate Accounting, 13/e, Solutions Manual

(For Instructor Use Only)

14-1

ASSIGNMENT CLASSIFICATION TABLE (BY LEARNING OBJECTIVE)
Learning Objectives 1. 2. Describe the formal procedures associated with issuing long-term debt. Identify various types of bond issues. 1, 2 Brief Exercises Exercises Problems

3.

Describe the accounting valuation for bonds at date of issuance. Apply the methods of bond discount and premium amortization. Describe the accounting for the extinguishment of debt. Explain the accounting for long-term notes payable. Explain the reporting of off-balance sheet financing arrangements. Indicate how to present and analyze long-term debt. Describe the accounting for debt restructuring.

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

3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15 3, 4, 5, 6, 7, 8, 9, 10, 12, 13, 14, 15 12, 13, 14, 15 16, 17, 18

1, 2, 3, 4, 5, 6, 7, 10 1, 2, 3, 4, 5, 6, 7, 10, 11 2, 4, 5, 6, 7, 10 8, 9

4.

5. 6. 7. 8. *9.

9

19 20, 21, 22, 23, 24, 25, 26

4, 10 12, 13, 14

14-2

Kieso, Intermediate Accounting, 13/e, Solutions Manual

(For Instructor Use Only)

ASSIGNMENT CHARACTERISTICS TABLE
Item E14-1 E14-2 E14-3 E14-4 E14-5 E14-6 E14-7 E14-8 E14-9 E14-10 E14-11 E14-12 E14-13 E14-14 E14-15 E14-16 E14-17 E14-18 E14-19 *E14-20 *E14-21 *E14-22 *E14-23 *E14-24 *E14-25 *E14-26 P14-1 P14-2 P14-3 P14-4 P14-5 P14-6 P14-7 P14-8 P14-9 P14-10 P14-11 Description Classification of liabilities. Classification. Entries for bond transactions. Entries for bond transactions—straight-line. Entries for bond transactions—effective-interest. Amortization schedule—straight-line. Amortization schedule—effective-interest. Determine proper amounts in account balances. Entries and questions for bond transactions. Entries for bond transactions. Information related to various bond issues. Entry for retirement of bond; bond issue costs. Entries for retirement and issuance of bonds. Entries for retirement and issuance of bonds. Entries for retirement and issuance of bonds. Entries for zero-interest-bearing notes. Imputation of interest. Imputation of interest with right. Long-term debt disclosure. Settlement of debt. Term modification without gain—debtor’s entries. Term modification without gain—creditor’s entries. Term modification with gain—debtor’s entries. Term modification with gain—creditor’s entries. Debtor/creditor entries for settlement of troubled debt. Debtor/creditor entries for modification of troubled debt. Analysis of amortization schedule and interest entries. Issuance and retirement of bonds. Negative amortization. Issuance and retirement of bonds; income statement presentation. Comprehensive bond problem. Issuance of bonds between interest dates, straight-line, retirement. Entries for life cycle of bonds. Entries for zero-interest-bearing note. Entries for...