Intermediate accounting 19th edition stice test bank
Intermediate accounting 15th edition kieso test bank
... Underlying Financial Accounting - 29 - 30 Test Bank for Intermediate Accounting, Fifteenth Edition Ex 2-138 Accounting concepts—fill in the blanks Fill in the blanks below with the accounting principle, ... characteristics of accounting information Trade-offs between characteristics of accounting information Prudence or conservatism 2-3 2-4 Test Bank for Intermediate...
Ngày tải lên: 02/10/2017, 14:11
78 test bank for intermediate accounting 19th edition đề trắc nghiệm có đáp án
... decisions d To provide information about an entity's liquidation value 78 Free Test Bank for Intermediate Accounting 19th Edition by Stice Multiple Choice Questions - Page Accounting for inventories by ... assess management's performance The area of accounting that emphasizes developing accounting information for use within a company is known as accounting a manage...
Ngày tải lên: 09/03/2017, 08:48
78 test bank for intermediate accounting 19th edition đề trắc nghiệm có đáp án
... Media 78 Free Test Bank for Intermediate Accounting 19th Edition by Stice Multiple Choice Questions - Page Important constraints underlying the qualitative characteristics of accounting information ... information by the following branch of accounting: a auditing b managerial accounting c financial accounting d income tax accounting The secondary qualitative character...
Ngày tải lên: 09/03/2017, 08:49
86 test bank for intermediate accounting 19th edition
... Securities and Exchange Commission c Governmental Accounting Standards Board d Government Accounting Office 78 Free Test Bank for Intermediate Accounting 19th Edition by Stice Multiple Choice Questions ... Board was formed to a enforce FASB standards in foreign countries b develop worldwide accepted accounting standards c establish accounting standards for U.S multinat...
Ngày tải lên: 25/03/2017, 09:22
Intermediate accounting 19th by stice stice chapter 01
... International Accounting Standards Board (IASB) was formed in 1973 to develop worldwide accounting standards (continued) 1-32 International Accounting Standards Board • Accounting standards issued by the ... 1-27 American Accounting Association • • • The American Accounting Association (AAA) is an organization of accounting professors It sponsors national and regional meetings...
Ngày tải lên: 15/05/2017, 14:17
Intermediate accounting 19th by stice stice chapter 02
... record the transactions in the accounting records 2-4 Accounting Terminology • Double-entry accounting is an old and universally accepted system for recording • accounting data Each transaction ... and dividends are increased by debits and decreased by credits Liabilities, capital stock, retained earnings, and revenues are increased by credits and decreased by debits 2-6 Three...
Ngày tải lên: 15/05/2017, 14:17
Intermediate accounting 19th by stice stice chapter 03
... Additional paid-in capital represents investments by stockholders in excess of the par or stated value of the capital stock • It is also affected by a whole host of diverse transactions such as: ... equity exclusive of net income and contributions by, and distributions to, owners This summary, termed other comprehensive income, is typically provided by companies as part of their statem...
Ngày tải lên: 15/05/2017, 14:17
Intermediate accounting 19th by stice stice chapter 04
... (continued) 4-39 Changes in Accounting Principles • The conditions of some occasions justify a change from one accounting principle to another • Occasionally a company will change an accounting principle ... economic conditions suggests that an accounting change will provide better information (continued) 4-40 Changes in Accounting Principles • More frequently, a change in accounti...
Ngày tải lên: 15/05/2017, 14:17
Intermediate accounting 19th by stice stice chapter 05
... look good, accounting assumptions can be stretched • Just before making a large loan application • Just before the initial public offering of stock • Just before being bought out by another company ... company (continued) 5-5 The Reality Check Scenario • Cash flow from operations, which is not impacted by accrual assumptions, provides an excellent reality check for earnings (continued)...
Ngày tải lên: 15/05/2017, 14:17
Intermediate accounting 19th by stice stice chapter 06
... desire to continue to meet expectations • The accounting manipulation carried out by Xerox is a good example of pressure to meet expectations 6-25 Attempted Accounting Solution • When the accountants, ... theory.” 6-37 The Role of Accounting Standards • • The FASB and the AICPA help lower the cost of capital by promulgating uniform recognition and disclosure standards for use by c...
Ngày tải lên: 15/05/2017, 14:17
Intermediate accounting 19th by stice stice chapter 07
... that a sale is made and the time that cash is collected It is calculated by dividing the average receivables outstanding by the average daily sales (continued) 7-35 Monitoring Accounts Receivable ... (continued) 7-36 Monitoring Accounts Receivable Accounts receivable turnover is determined by dividing net sales by the average trade accounts receivable outstanding during the year The c...
Ngày tải lên: 15/05/2017, 14:17
Intermediate accounting 19th by stice stice chapter 08
... statements are not rendered irrelevant by secret side agreements • A good internal control system establishes procedures to safeguard the value of a company’s assets 8-7 Accounting for Consignments Seller ... 605-25 • The focus of Subtopic 605-25 is on the “unit of accounting. ” • An element of multiple-element arrangement is considered to be a unit of accounting if that element has st...
Ngày tải lên: 15/05/2017, 14:17
Intermediate accounting 19th by stice stice chapter 09
... title and includes the goods in inventory until their sale or use by the dealer or customer Consigned goods are properly reported by the shipper at the sum of their costs, and the shipping and handling ... can harm a company by scaring off stockholders, potential investors, and banks • Supplement disclosure using FIFO or average cost might offset this problem 9-32 International Account...
Ngày tải lên: 15/05/2017, 14:17
Intermediate accounting 19th by stice stice chapter 10
... (continued) 10- 13 Deferred Payment Jan 2, 2013—Purchased land for $100 ,000, paying $35,000 down, the balance to be paid in semiannual payments of $5,000 plus interest at 10% Land Cash Notes Payable 100 ,000 ... the end of first year $31,311 ì 0 .10 = $3,131 10- 18 Leasing A lease is a contract whereby one party (the lessee) is granted a right to use property owned by another party (t...
Ngày tải lên: 15/05/2017, 14:17
Intermediate accounting 19th by stice stice chapter 11
... $31,667 (continued) 11- 10 Sum-of-the-Years’ Digits Method For the second year, we reduce the numerator by one t × (C – R) D= SYD × ($100,000 – $5,000) D= 15 D = $25,333 (continued) 11- 11 Declining-Balance ... assets is obsolescence 11- 5 Depreciation Formula Symbols The examples that follow assume the acquisition of a polyurethane plastic-molding machine at the beginning of 2013 by S...
Ngày tải lên: 15/05/2017, 14:17