IntermediateAccountingChapter4中级会计学第四章课后习题答案

更新时间:2023-06-10 19:41:21 阅读: 评论:0

雅虎日语在线翻译Chapter 4The Income Statement and Statement of Cash Flows
QUESTIONS FOR REVIEW OF KEY TOPICS
Question 4-5
The term earnings quality refers to the ability of reported earnings (income) to predict a company’s future earnings. After all, an income statement simply reports on events that already have occurred. The relevance of any historical-bad financial statement hinges on its predictive value.
Question 4-7垃圾桶的英文单词
The process of intraperiod tax allocation matches tax expen or tax benefit with each major component of income, specifically continuing operations and any item reported below continuing operations.  The process is necessary to achieve the desired result of parating the total income effects of continuing operations from the two parately reported items - discontinued operations and extraordinary items, and also to show the after-tax effect of each of tho two components.
Question 4-9
beat是什么意思
Extraordinary items are material gains and loss that are both unusual in nature and infrequent in occurrence, taking into account the environment in which the entity operates.
Question 4-11
GAAP permit alternative treatments for similar transactions. Common examples are the choice among FIFO, LIFO, and average cost for the measurement of inventory and the choice among alternative revenue recognition methods.  A change in accounting principle occurs when a company changes from one generally accepted treatment to another.
In general, we report voluntary changes in accounting principles retrospectively.  This means revising all previous periods’ financial statements as if the new method were ud in tho periods.  In other words, for each year in the comparative statements reported, we revi the balance of each account affected.  Specifically, we make tho statements appear as if the newly adopted accounting method had been applied all along.  Also, if retained earnings is one of the accounts who balance requires adjustment (and it usually is), we revi the beginning balance of retained earnings for the earliest period reported in the comparative statements of shareholders’ equity (or statements of retained earnings if they’re prented instead).Then we create a journal entry to adjust all account b
alances affected as of the date of the change.  In the first t of financial statements after the change, a disclosure note would describe the change and justify the new method as preferable. It also would describe the effects of the change on all items affected, including the fact that the retained earnings balance was revid in the statement of shareholders’ equity along with the cumulative effect of the change in retained earnings.
四级准考证号忘了怎么办An exception is a change in depreciation, amortization, or depletion method. The changes are accounted for as a change in estimate, rather than as a change in accounting principle.  Changes in estimates are accounted for prospectively.  The remaining book value is depreciated, amortized, or depleted, using the new method, over the remaining uful life.
Question 4-15
Comprehensive income is the total change in equity for a reporting period other than from transactions with owners. Reporting comprehensive income can be accomplished with a parate statement or by including the information in either the income statement or the statement of changes in shareholders’ equity.
新托福口语模板
中国教育考试网Question 4-22
U.S. GAAP designates cash outflows for interest payments and cash inflows from interest and dividends received as operating cash flows. Dividends paid to shareholders are classified as financing cash flows.  IFRS allows more flexibility.  Companies can report interest and dividends paid as either operating or financing cash flows and interest and dividends received as either operating or investing cash flows.  Interest and dividend payments usually are reported as financing activities. Interest and dividends received normally are classified as investing activities
BRIEF EXERCISES
Brief Exerci 4-6
*$850,000 x 40%
Note: Restructuring costs, interest revenue, and loss on sale of investments are included in income before income taxes and extraordinary item.what the fuck
Brief Exerci 4-9
找英语外教
dove的意思*$5,800,000 x 30%
** Loss from operations of discontinued component:
竞聘上岗的意义Impairment loss ($8 million book value less
$7 million net fair value) $(1,000,000) Operating loss  (3,600,000)    Total before-tax loss $(4,600,000)
EXERCISES Exerci 4-3
* 30% x $440,000

本文发布于:2023-06-10 19:41:21,感谢您对本站的认可!

本文链接:https://www.wtabcd.cn/fanwen/fan/90/140635.html

版权声明:本站内容均来自互联网,仅供演示用,请勿用于商业和其他非法用途。如果侵犯了您的权益请与我们联系,我们将在24小时内删除。

标签:中国   模板   竞聘上岗   意义   考试网   教育
相关文章
留言与评论(共有 0 条评论)
   
验证码:
Copyright ©2019-2022 Comsenz Inc.Powered by © 专利检索| 网站地图