Essay About Assignment Classification Table And Record Transactions

Quiz 1
Quiz 1
CHAPTER 3
The Accounting Information System
ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC)
Brief
Topics
Questions
Exercises
Exercises
Problems
Transaction identification.
1, 2, 3, 5,
1, 2, 3, 4, 17
6, 7, 8
Nominal accounts.
Trial balance.
6, 10
2, 3, 4
1, 2, 7, 8
Adjusting entries.
8, 11, 13, 14
3, 4, 5, 6, 7,
5, 6, 7, 8,
1, 2, 3, 4,
8, 9, 10
9, 10, 20
5, 6, 7, 8,
9, 10, 12
Financial statements.
11, 12, 15,
1, 2, 4, 6
22, 23
Closing.
13, 14, 16
1, 4, 9,
10, 12
Inventory and cost
14, 15
of goods sold.
Comprehensive
1, 2, 6, 12
accounting cycle.
Cash vs. Accrual Basis.
15, 16, 17
18, 19
Reversing entries.
Worksheet.
21, 22, 23
*These topics are dealt with in an Appendix to the Chapter.
Copyright © 2011 John Wiley & Sons, Inc. Kieso, Intermediate Accounting, 14/e, Solutions Manual (For Instructor Use Only)
ASSIGNMENT CLASSIFICATION TABLE (BY LEARNING OBJECTIVE)
Brief
Learning Objectives
Exercises
Exercises
Problems
Understand basic accounting terminology.
Explain double-entry rules.
Identify steps in accounting cycle.
Record transactions in journals, post to ledger
1, 2, 3, 4,
1, 2, 3,
1, 4, 9, 10
accounts, and prepare a trial balance.
5, 6, 7
4, 17
Explain the reasons for preparing adjusting
3, 4, 5, 6, 7,
5, 6, 7, 8,
2, 3, 4, 5,
entries.
8, 9, 10
9, 10, 20
6, 7, 8, 9,
10, 12
Prepare financial statements from the adjusted
11, 12, 15
1, 2, 4, 6,
trail balance.
7, 8, 9,
10, 12
Prepare closing entries.
13, 14, 16
1, 4, 9,
10, 12
Differentiate the cash basis of accounting from
18, 19
the accrual basis of accounting.
Identify adjusting entries that may be reversed.
Prepare a 10-column worksheet.
21, 22, 23
*These topics are dealt with in an Appendix to the Chapter.
Copyright © 2011 John Wiley & Sons, Inc. Kieso, Intermediate Accounting, 14/e, Solutions Manual (For Instructor Use Only)
ASSIGNMENT CHARACTERISTICS TABLE
Level of
Time
Description
Difficulty
(minutes)
Transaction analysis–service company.
Simple
15–20
Corrected trial balance.
Simple
10–15
Corrected trial balance.
Simple
15–20
Corrected trial balance.
Simple
10–15