Accounting principles chapter 11

... CHAPTER 11 CURRENT LIABILITIES AND PAYROLL ACCOUNTING After studying this chapter, you should be able to: Explain a current liability, ... accounting and disclosure requirements for contingent liabilities CHAPTER 11 CURRENT LIABILITIES AND PAYROLL ACCOUNTING After studying this chapter, you should be able to: Discuss the objectives of internal ... Describe the accounting for...

Ngày tải lên: 05/04/2017, 14:49

... department of revenue Chapter 11- 11 LO Explain the accounting for other current liabilities Accounting Accounting for for Current Current Liabilities Liabilities E11-3 In providing accounting services ... internal control for payroll Chapter 11- 3 Current Current Liabilities Liabilities and and Payroll Payroll Accounting Accounting Accounting for Current Liabilities Chapter...

Ngày tải lên: 05/04/2017, 15:20

... deductions 11- 37 Illustration 11- 12 Computation of net pay LO Recording the Payroll 11- 38 Illustration 11- 13 Employee earnings record LO Recording the Payroll Illustration 11- 14 Payroll register 11- 39 ... payroll Salaries and Wages Payable 11, 522.73 Cash 11, 522.73 11- 41 LO RECORDING PAYMENT OF THE PAYROLL Illustration 11- 15 Paycheck and statement of earnings 11- 42 LO DO...

Ngày tải lên: 12/05/2017, 11:45

... Chapter 11 Current Liabilities and Payroll Accounting Chapter 11- 2 Accounting Principles, Ninth Edition Study Study Objectives Objectives ... objectives of internal control for payroll Chapter 11- 3 Current Current Liabilities Liabilities and and Payroll Payroll Accounting Accounting Accounting Accountingfor for Current CurrentLiabilities ... remits the collections to the...

Ngày tải lên: 13/05/2017, 10:22

... CHAPTER1 1 Current Liabilities and Payroll Accounting 11- 2 PreviewofCHAPTER11 11- 3 Accounting for Current Liabilities Current liability is ... entry required SO Explain the accounting for other current liabilities Accounting for Current Liabilities Statement Presentation and Analysis 11- 15 Illustration 11- 3 SO Accounting for Current Liabilities ... wages payable Cash 11- 3...

Ngày tải lên: 15/05/2017, 10:33

... the recognition of liabilities – Failure to record a liability often means failure to record an expense The two errors lead to an under-statement of expense and an overstatement of income – Generally ... in part Illustration of Payroll Costs  The amount payable to employees is less than the amount of their earnings because employers are required by law or are requested by empl...

Ngày tải lên: 15/05/2017, 15:43

... averaged $48 The standard unit manufacturing costs for the month were: Variable cost Fixed cost Total cost $24 10 $34 (1,800) $ 600 Chapter 11 Absorption/Variable Costing and Cost- Volume-Profit Analysis ... unit (on a before-tax basis) To convert after-tax profit to before-tax profit, divide after-tax profit by (1 Ϫ tax rate) 479 Chapter 11 Absorption/Variable Costing and...

Ngày tải lên: 02/07/2014, 22:21

... classifying taxable income and loss in three major categories: active, portfolio, and passive Active income consists mainly of wages, salaries, and bonuses; portfolio income is mainly interest and ... quite meaningful since the maximum tax rate on ordinary income in 2001 is 39.1% and on long-term capital gains is 20% Thus, Brad may have good reason to reject phantom stock and...

Ngày tải lên: 05/07/2014, 13:20

... the value of existing one- and two-year-old plants? Existing plants must continue using the original tax depreciation schedule Brealey−Meyers: Principles of Corporate Finance, Seventh Edition ... million ϩ a NPV ϭ Ϫ1,000 ϩ a 11. 202 t 11. 202 20 tϭ1 Brealey−Meyers: Principles of Corporate Finance, Seventh Edition III Practical Problems in Capital Budgeting 11 Whe...

Ngày tải lên: 06/07/2014, 08:20

... 1993 388 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 133 134 135 136 INTERNET SECURITY Metzger, P., and W Simpson, ‘IP Authentication ... P., and R Glenn, ‘Test Cases for HMAC-MD5 and HMAC-SHA-1’, RFC 2202, September 1997 Cheswick, W., and S Bellovin, Firewalls and Internet Security: Repelling the Wily...

Ngày tải lên: 09/08/2014, 06:23

... choice Assign Exercises 11- 22 and 11- 23, Problems 11- 29 and 11- 32 D Add or discontinue a product line—example of customer profitability Understand conditions of decision (obtain information) a Customer ... discontinuing customers and segments Decision Making and Relevant Information 145 c Ignore allocated overhead costs d Focus on how total costs differ among altern...

Ngày tải lên: 23/11/2016, 16:12

... 11 REPORTING AND ANALYZING STOCKHOLDERS EQUITY 11- 2 Financial Accounting, Seventh Edition Learning Learning Objectives Objectives After studying this chapter, you should be able to: 11- 3 ... Treasury stock (4,000 x $8) 11- 39 32,000 Cash 32,000 LO Explain the accounting for the purchase of treasury stock Accounting Accounting for for Treasury Treasury Stock Stock Stoc...

Ngày tải lên: 24/11/2016, 14:36

... 11 REPORTING AND ANALYZING STOCKHOLDERS EQUITY 11- 2 Financial Accounting, Seventh Edition Learning Learning Objectives Objectives After studying this chapter, you should be able to: 11- 3 ... a comprehensive stockholders equity section Evaluate a corporation’s dividend and earnings performance from a stockholder’s perspective Preview of Chapter 11 11-4 Financial Account...

Ngày tải lên: 01/12/2016, 14:34

... Equity on the Balance Sheet  The basic accounting equation: Assets = Liabilities + Stockholders’ Equity  Two major components or subcategories: Components of the Stockholders’ Equity Section of the ... Splits  The creation of additional shares of stock with a reduction of the par value of the stock LO Example 11. 9—Reporting a Stock Split  Refer to the Shah Company in...

Ngày tải lên: 15/12/2016, 12:22

... CHAPTER ACCOUNTING IN ACTION After studying this chapter, you should be able to: • Explain what accounting is • Identify users and uses of accounting • Understand why ... concept • Explain the meaning of generally accepted accounting principles and the cost principle CHAPTER ACCOUNTING IN After studying thisACTION chapter, you should be able to: • Explain the meaning ... BOO...

Ngày tải lên: 05/04/2017, 14:48