Accounting principles chapter 16

... debenture bonds bearer bonds Chapter 16 The term used for bonds that are unsecured is: a b c d callable bonds indenture bonds debenture bonds bearer bonds Chapter 16 Conver t ing Bonds into Common ... operating lease d lessor lease Chapter 16 The renting of an apartment is an example of a(n): a capital lease b lease liability c operating lease d lessor lease Chapter 16 Present...

Ngày tải lên: 05/04/2017, 14:50

... CHAPTER CHAPTER 16 16 INVESTMENTS Accounting Principles, Eighth Edition Chapter 16- 2 Study Study Objectives Objectives Discuss why corporations ... rate times the portion of the year the bond is outstanding Chapter 16- 7 LO Explain the accounting for debt investments Accounting Accounting for for Debt Debt Instruments Instruments Sale of ... (sales price less brokerage fees)...

Ngày tải lên: 05/04/2017, 15:21

... Illustration 16- 1 Temporary investments and the operating cycle 16- 2 LO Why Corporations Invest Question Pension funds and banks regularly invest in debt and stock securities to: 16- 3 a house ... brokerage fees (commissions), if any 16- 4 LO Accounting for Debt Investments RECORDING BOND INTEREST Calculate and record interest revenue based upon the 16- 5  carrying value of the bond...

Ngày tải lên: 12/05/2017, 11:46

... long-term investments Chapter 16- 2 Long-Term Long-Term Liabilities Liabilities Why Corporations Invest Cash management Investment income Strategic reasons Chapter 16- 3 Accounting for Debt Investments ... rate times the portion of the year the bond is outstanding Chapter 16- 6 SO Explain the accounting for debt investments Accounting Accounting for for Debt Debt Investments In...

Ngày tải lên: 13/05/2017, 10:22

... CHAPTER1 6 Investments 16- 2 PreviewofCHAPTER16 16- 3 Why Corporations Invest Corporations generally invest in debt or stock ... The accounting depends on the extent of the investor’s influence over the operating and financial affairs of the issuing corporation 16- 14 SO Explain the accounting for stock investments Accounting ... investment and revenue accounts will show the followi...

Ngày tải lên: 15/05/2017, 10:34

... Evaluating Quality of Earnings  The quality of earnings refers to the substance of earnings and their sustainability into future periods – It is affected by accounting method, accounting estimates, ... Sources of Information  The major sources of information about public corporations include: – Reports published by a corporation  Annual reports  Interim financial sta...

Ngày tải lên: 15/05/2017, 15:44

... life-cycle cost to target cost; if life-cycle cost is higher, determine ways to reduce life-cycle cost Material and Labor Variances under JIT Two standards may exist: an annual standard (set and ... 731) just-in-time (p 723) just-in-time manufacturing system (p 723) just-in-time training (p 732) kaizen costing (p 721) kanban (p 723) lead time (p 745) life-cycle costing (p 723) red-...

Ngày tải lên: 02/07/2014, 22:21

... Implementing a major new system or, for that matter, any system, requires a major time and effort commitment INFORMATION TECHNOLOGY IN BANKING AND FINANCE The financial services industry is the leading ... understanding of the strategic and competitive uses of information technology, demonstrate where industry is headed ACCOUNTING INFORMATION SYSTEMS As mentioned earlier, computer...

Ngày tải lên: 05/07/2014, 13:20

... than it used to be At the same time, the middle -of- the-road party has increased its share of the vote 16. 7 THE MIDDLE -OF- THE-ROADERS The middle -of- the-road party, principally represented by Miller, ... See Chapter Brealey−Meyers: Principles of Corporate Finance, Seventh Edition V Dividend Policy and Capital Structure © The McGraw−Hill Companies, 2003 16 The Dividend...

Ngày tải lên: 06/07/2014, 08:20

... traced costs With joint costs, the costing process begins with the allocation of costs Distinguish joint products from byproducts Why is the distinction between joint products and byproducts considered ... methods of joint -cost allocation III Accounting for byproducts Learning Objective 7: Account for byproducts using two different methods A Presence of byproducts can affe...

Ngày tải lên: 23/11/2016, 16:13

... 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

... CHAPTER THE RECORDING After studying this chapter, you should be able to: PROCESS Explain what an account is and how ... process Explain what a journal is and how it helps in the recording process CHAPTER THE RECORDING After studying PROCESS this chapter, you should be able to: Explain what a ledger is and how it helps ... trial balance and explain its purpose THE ACCOUNT STUDY OBJECTIV...

Ngày tải lên: 05/04/2017, 14:48

... accrual-basis accounting is incorrect? a Accrual-basis accounting follows the revenue recognition principle b Accrual-basis accounting is the method required by generally accepted accounting principles ... Accrual-basis accounting follows the revenue recognition principle b Accrual-basis accounting is the method required by generally accepted accounting principles c Accrual-...

Ngày tải lên: 05/04/2017, 14:48

... inventory system explain the steps in the accounting cycle for a merchandising company CHAPTER ACCOUNTING FOR MERCHANDISING OPERATIONS After studying this chapter, you should be able to: distinguish ... CHAPTER ACCOUNTING FOR MERCHANDISING OPERATIONS After studying this chapter, you should be able to: identify the differences between ... goods on hand at the beginning of the acco...

Ngày tải lên: 05/04/2017, 14:48

... CHAPTER INVENTORIES After studying this chapter, you should be able to: Describe steps in determining inventory quantities Explain the basis of accounting for inventories ... determined when sale occurs Periodic • cost of goods sold is determined at the end of accounting period Basis of Accounting for Inventories Periodic Cost Flow Methods STUDY OBJECTIVE • Revenues from ... classifi...

Ngày tải lên: 05/04/2017, 14:48