Chapter 4 Income Statement
CHAPTER 4
Income Statement and Related Information
ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC)
Topics 1. Income measurement concepts. Questions 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 18, 28, 31, 32, 33 1 1, 2, 7 Brief Exercises Exercises Problems Concepts for Analysis 3, 4, 5, 6, 8
2.
Computation of net income from balance sheets and selected accounts. Single-step income statements; earnings per share. Multiple-step income statements. Extraordinary items; accounting changes; discontinued operations; prior period adjustments; errors. Retained earnings statement. Intraperiod tax allocation. Comprehensive income. Disposal of a component (discontinued operations). 11, 19, 23, 24 17, 18, 19 13, 14, 15, 16, 27, 29
3.
2, 8
3, 4, 6, 7, 10, 15, 16 4, 5, 6, 8 5, 7, 9, 10, 12, 13
2, 3, 4, 5
1, 2, 7
4. 5.
3 4, 5, 6, 7
1, 4 3, 4, 5, 6, 7 4, 6, 7, 8
6. 7. 8. 9.
30 21, 22, 25, 26, 27 34 29, 35
9, 10
8, 10, 11, 12, 16 8
1, 2, 4, 5, 6
11
14, 15, 16
9
4-1
ASSIGNMENT CLASSIFICATION TABLE (BY LEARNING OBJECTIVE)
Learning Objectives 1. 2. 3. 4. 5. 6. 7. 8. Understand the uses and limitations of an income statement. Prepare a single-step income statement. Prepare a multiple-step income statement. Explain how to report irregular items. Explain intraperiod tax allocation. Identify where to report earnings per share information. Prepare a retained earnings statement. Explain how to report other comprehensive income. 1, 2 3, 4 4, 5, 6, 7, 10 5, 6, 7 8 9, 10 11 1, 2, 3, 4, 6, 7, 16 4, 5, 6, 8, 10, 14 5, 7, 8, 10, 12, 13, 16 8, 12, 13, 16 7, 8, 9, 10, 12, 13, 16 8, 11, 15, 16 14, 15, 16 2 1, 4 1, 3, 4, 5, 6, 7 1, 3, 5, 6, 7 1, 2, 3, 4, 5, 7 1, 2, 4, 5, 6 Brief Exercises Exercises Problems
4-2
ASSIGNMENT CHARACTERISTICS TABLE
Level of Difficulty Simple Simple Moderate Simple Moderate Moderate Simple Simple Simple Moderate Simple Moderate Moderate Simple Moderate Moderate Moderate Simple Moderate Moderate Moderate Moderate Moderate
Income Statement and Related Information
ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC)
Topics 1. Income measurement concepts. Questions 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 18, 28, 31, 32, 33 1 1, 2, 7 Brief Exercises Exercises Problems Concepts for Analysis 3, 4, 5, 6, 8
2.
Computation of net income from balance sheets and selected accounts. Single-step income statements; earnings per share. Multiple-step income statements. Extraordinary items; accounting changes; discontinued operations; prior period adjustments; errors. Retained earnings statement. Intraperiod tax allocation. Comprehensive income. Disposal of a component (discontinued operations). 11, 19, 23, 24 17, 18, 19 13, 14, 15, 16, 27, 29
3.
2, 8
3, 4, 6, 7, 10, 15, 16 4, 5, 6, 8 5, 7, 9, 10, 12, 13
2, 3, 4, 5
1, 2, 7
4. 5.
3 4, 5, 6, 7
1, 4 3, 4, 5, 6, 7 4, 6, 7, 8
6. 7. 8. 9.
30 21, 22, 25, 26, 27 34 29, 35
9, 10
8, 10, 11, 12, 16 8
1, 2, 4, 5, 6
11
14, 15, 16
9
4-1
ASSIGNMENT CLASSIFICATION TABLE (BY LEARNING OBJECTIVE)
Learning Objectives 1. 2. 3. 4. 5. 6. 7. 8. Understand the uses and limitations of an income statement. Prepare a single-step income statement. Prepare a multiple-step income statement. Explain how to report irregular items. Explain intraperiod tax allocation. Identify where to report earnings per share information. Prepare a retained earnings statement. Explain how to report other comprehensive income. 1, 2 3, 4 4, 5, 6, 7, 10 5, 6, 7 8 9, 10 11 1, 2, 3, 4, 6, 7, 16 4, 5, 6, 8, 10, 14 5, 7, 8, 10, 12, 13, 16 8, 12, 13, 16 7, 8, 9, 10, 12, 13, 16 8, 11, 15, 16 14, 15, 16 2 1, 4 1, 3, 4, 5, 6, 7 1, 3, 5, 6, 7 1, 2, 3, 4, 5, 7 1, 2, 4, 5, 6 Brief Exercises Exercises Problems
4-2
ASSIGNMENT CHARACTERISTICS TABLE
Level of Difficulty Simple Simple Moderate Simple Moderate Moderate Simple Simple Simple Moderate Simple Moderate Moderate Simple Moderate Moderate Moderate Simple Moderate Moderate Moderate Moderate Moderate