# Chapter 5 Balance Sheet and Statement of Cash Flows

Pages: 102 (13107 words) Published: January 23, 2013
CHAPTER 5

Balance Sheet and Statement of Cash Flows

ASSIGNMENT CLASSIFICATION TABLE

| | |Brief Exercises | | | | |Topics |Questions | |Exercises |Problems |Cases | |1. |Disclosure principles, uses of the |1, 2, 3, 4, 5, 6, 7,|1 | | |4, 5 | | |balance sheet, financial |10, 18, 22, 23, 25 | | | | | | |flexibility. | | | | | | |2. |Classification of items in the |11, 12, 13, 14, 15, |1, 2, 3, 4, 5, 6, 7,|1, 2, 3, 4, 6, 7, 8,| |1, 2, 3 | | |balance sheet and other financial |16, 18, 19 |8, 9, 10, 11 |9, 10 | | | | |statements. | | | | | | |3. |Preparation of balance sheet; |4, 7, 8, 9, 16, 17, | |4, 5, 6, 7, 11, 12 |1, 2, 3, 4, 5 |3, 4, 5 | | |issues of format, terminology, and |20, 21, 24 | | | | | | |valuation. | | | | | | |4. |Statement of cash flows. |25, 26, 27, 28, 29, |12, 13, 14, 15, 16 |13, 14, 15, 16, 17, |6, 7 |6 | | | |30, 31, 32 | |18 | | | ASSIGNMENT CHARACTERISTICS TABLE

| | | |Level of Difficulty |Time | |Item | |Description | |(minutes) | | E5-1 | |Balance sheet classifications. |Simple |15-20 | | E5-2 | |Classification of balance sheet accounts. |Simple |10-15 | | E5-3 | |Classification of balance sheet accounts. |Simple |15-20 | | E5-4 | |Preparation of a classified balance sheet. |Simple |30-35 | | E5-5 | |Preparation of a corrected balance sheet. |Simple |30-35 | | E5-6 | |Correction of a balance sheet. |Moderate |30-35 | | E5-7 | |Current asset section of the balance sheet. |Moderate |15-20 | | E5-8 | |Current vs. long-term liabilities. |Moderate |10-15 | | E5-9 | |Current assets and current liabilities. |Moderate |30-35 | | E5-10 | |Current liabilities |Moderate |15-20 | | E5-11 | |Preparation of a balance sheet....