Intermediate Accounting Chapter 03
CHAPTER 3
The Accounting Information System
ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC)
Topics
Questions
1.
Transaction identification.
1, 2, 3, 5,
6, 7, 8
2.
Nominal accounts.
4, 7
3.
Trial balance.
6, 10
4.
Adjusting entries.
8, 11, 13, 14
5.
Financial statements.
6.
Closing.
12
7.
Inventory and cost of goods sold.
9
8.
Comprehensive accounting cycle.
*9.
Brief
Exercises
Exercises
Problems
1, 2
1, 2, 3, 4, 17
1
2, 3, 4
1, 2, 7, 8
5, 6, 7, 8,
9, 10, 20
1, 2, 3, 4,
5, 6, 7, 8,
9, 10, 12
11, 12, 15,
22, 23
1, 2, 4, 6
13, 14, 16
1, 4, 9,
10, 12
3, 4, 5, 6, 7,
8, 9, 10
11
14, 15
1, 2, 6, 12
Cash vs. Accrual Basis.
15, 16, 17
12
18, 19
*10.
Reversing entries.
18
13
20
*11.
Worksheet.
19
21, 22, 23
11
12
*These topics are 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)
3-1
ASSIGNMENT CLASSIFICATION TABLE (BY LEARNING OBJECTIVE)
Learning Objectives
Brief
Exercises
Exercises
Problems
1.
Understand basic accounting terminology.
2.
Explain double-entry rules.
3.
Identify steps in accounting cycle.
4.
Record transactions in journals, post to ledger accounts, and prepare a trial balance.
1, 2, 3, 4,
5, 6, 7
1, 2, 3,
4, 17
1, 4, 9, 10
5.
Explain the reasons for preparing adjusting entries. 3, 4, 5, 6, 7,
8, 9, 10
5, 6, 7, 8,
9, 10, 20
2, 3, 4, 5,
6, 7, 8, 9,
10, 12
6.
Prepare financial statements from the adjusted trail balance.
11, 12, 15
1, 2, 4, 6,
7, 8, 9,
10, 12
7.
Prepare closing entries.
11
13, 14, 16
1, 4, 9,
10, 12
*8.
Differentiate the cash basis of accounting from the accrual basis of accounting.
12
18, 19
11
*9.
Identify adjusting entries that may be reversed.
13
20
*10.
Prepare a 10-column worksheet.
21, 22, 23
12
*These topics are dealt with in an Appendix to the Chapter.
3-2
Copyright © 2011 John Wiley & Sons, Inc.
Kieso, Intermediate
The Accounting Information System
ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC)
Topics
Questions
1.
Transaction identification.
1, 2, 3, 5,
6, 7, 8
2.
Nominal accounts.
4, 7
3.
Trial balance.
6, 10
4.
Adjusting entries.
8, 11, 13, 14
5.
Financial statements.
6.
Closing.
12
7.
Inventory and cost of goods sold.
9
8.
Comprehensive accounting cycle.
*9.
Brief
Exercises
Exercises
Problems
1, 2
1, 2, 3, 4, 17
1
2, 3, 4
1, 2, 7, 8
5, 6, 7, 8,
9, 10, 20
1, 2, 3, 4,
5, 6, 7, 8,
9, 10, 12
11, 12, 15,
22, 23
1, 2, 4, 6
13, 14, 16
1, 4, 9,
10, 12
3, 4, 5, 6, 7,
8, 9, 10
11
14, 15
1, 2, 6, 12
Cash vs. Accrual Basis.
15, 16, 17
12
18, 19
*10.
Reversing entries.
18
13
20
*11.
Worksheet.
19
21, 22, 23
11
12
*These topics are 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)
3-1
ASSIGNMENT CLASSIFICATION TABLE (BY LEARNING OBJECTIVE)
Learning Objectives
Brief
Exercises
Exercises
Problems
1.
Understand basic accounting terminology.
2.
Explain double-entry rules.
3.
Identify steps in accounting cycle.
4.
Record transactions in journals, post to ledger accounts, and prepare a trial balance.
1, 2, 3, 4,
5, 6, 7
1, 2, 3,
4, 17
1, 4, 9, 10
5.
Explain the reasons for preparing adjusting entries. 3, 4, 5, 6, 7,
8, 9, 10
5, 6, 7, 8,
9, 10, 20
2, 3, 4, 5,
6, 7, 8, 9,
10, 12
6.
Prepare financial statements from the adjusted trail balance.
11, 12, 15
1, 2, 4, 6,
7, 8, 9,
10, 12
7.
Prepare closing entries.
11
13, 14, 16
1, 4, 9,
10, 12
*8.
Differentiate the cash basis of accounting from the accrual basis of accounting.
12
18, 19
11
*9.
Identify adjusting entries that may be reversed.
13
20
*10.
Prepare a 10-column worksheet.
21, 22, 23
12
*These topics are dealt with in an Appendix to the Chapter.
3-2
Copyright © 2011 John Wiley & Sons, Inc.
Kieso, Intermediate