cHAPTER 3
adjusting accounts For Financial Statements
Related Assignment Materials |
Student Learning Objectives | Questions | Quick Studies* | Exercis* | Problems* | Beyond the Numbers |
Conceptual objectives: |
C1. Explain the importance of periodic reporting and the time period principle. | 3 | 3-1 | 3-3, 3-4 | 3-2 | 3-1, 3-3, 3-4, 3-5, 3-8 |
C2. Explain accrual accounting and how it improves financial statements. | 1, 2 | 3-2, 3-9 | 3-1 | | 3-1, 3-3 |
C3. Identify the types of adjustments and their purpo. | 5, 6, 7 | miss univer 3-3, 3-4 | 3-2 | 3-1, 3-4 | 3-6 布福德 |
Analytical objectives: |
A1. Explain how accounting adjustments link to financial statements. | 4, 9, 10 | 3-13, 3-15, 3-16 | favorite sport 3-4, 3-5, 3-8 | 3-2, 3-3, 3-4, 3-5, GL 3-2 | 3-1, 3-3, 3-6 |
A2. Compute profit margin and describe its u in analyzing company performance. | odm是什么意思 | 3-18 | 3-10 | 3-5 | 3-1, 3-2, 3-4, 3-5, 3-7 |
Procedural objectives: |
P1. Prepare and explain adjusting entries. | | 3-5, 3-6, 3-7,shirt是什么意思中文 3-8, 3-9, 3-10, 3-11, 3-12, 3-13, 3-14 | 3-3, 3-4, 3-5, 3-6, 3-7, 3-8 | 3-1, 3-2, 3-3, 3-4, 3-6, 怎样记单词 GL 3-2, SP, ES | 3-6 |
P2. Explain and prepare an adjusted trial balance. | | 3-17 | | 3-3, 3-4, GL 3-2, SP, ES | |
P3. Prepare financial statements from an adjusted trial balance. | | | 3-8, 3-9 | 3-3, 3-4, 3-5, SP, GL 3-2 | |
P4A. Explain the alternatives in accounting for prepaids. (appendix 3A) | 8 | 3-19 | 3-11, 3-12 jju | 3-6 | | enhance
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*See additional information on next page that pertains to the quick studies, exercis and problems.
SP refers to the Serial Problem
GL refers to the General Ledger problem
ES refers to Excel Simulations
Additional Information on Related Assignment Material
Connect
Available on the instructor’s cour-specific website) repeats all numerical Quick Studies, all Exercis and Problems Set A. Connect also provides algorithmic versions for Quick Study, Exercis and Problems. It allows instructors to monitor, promote, and asss student learning. It can be ud in practice, homework, or exam mode.
Connect Insight
The first and only analytics tool of its kind, Connect Insight is a ries of visual data displays that are each framed by an intuitive question and provide at-a-glance information regarding how an instructor’s class is performing. Connect Insight is available through Connect titles.
The Serial Problem for Success Systems continues in this chapter.
General Ledger
Assignable within Connect, General Ledger (GL) problems offer students the ability to e how transactions post from the general journal all the way through the financial statements. Critical thinking and analysis components are added to each GL problem to ensure understanding of the entire process. GL problems are auto-graded and provide instant feedback to the student.
Excel Simulations
Assignable within Connect, Excel Simulations allow students to practice their Excel skills—such as basic formulas and formatting—within the context of accounting. The questions feature animated,
narrated Help and Show Me tutorials (when enabled). Excel Simulations are auto-graded and provide instant feedback to the student.
Synopsis of Chapter Revisions
NEW opener—re:char and entrepreneurial assignment.
Streamlined accrual-basis vs cash-basis ction.
New box on how accounting is ud to clawback fal gains.
愿望的英文
亲戚的英文Streamlined introduction to accounting adjustments.
Continue to emphasize 3-step adjusting process.
Simplified the ‘Explanation’ ction for each adjustment.
Enhanced Exhibit 3.12 on summary of adjustments.
Sustainability ction on how accounting aided funding of recycling business.
