(g) Receivable if collection expected within one company is to be reimbursed Pendable for goods and services in the for- pense, or supplies inventory.Įign country. (f) Other assets if not expendable, cash if ex- (m) Postage expense, or prepaid ex. (e) Accounts receivable, a loss if uncollectible. (a) Cash (h) Investments, possibly other assets.LO: 1, Bloom: K, Difficulty: Simple, Time: 3-5, AACSB: Communication, AICPA BB: None, AICPA FC: Reporting, AICPA PC: Communication The same time, they may well be presented separately from other cash and the restrictions as to Operating cycle of the entity, whichever is longer, they are properly classified as current assets. These kinds of deposits are such that they cannot be converted (withdrawn) within one year or the SavingsĪccounts, certificates of deposit, and time deposits fall in this latter category. Withdrawal are properly included in cash or whether they should be set out separately. There is some question as to whether deposits not subject to immediate Money market funds that provide checking account privileges Balances on deposit in banks which are subject to immediate with-ĭrawal are properly included in cash. Cash normally consists of coins and currency on hand, bank deposits, and various kinds of ordersįor cash such as bank checks, money orders, travelers’ checks, demand bills of exchange, bankĭrafts, and cashiers’ checks.
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Kieso, Intermediate Accounting, 16/e, Solutions Manual (For Instructor Use Only) ANSWERS TO QUESTIONS Moderate 25–ħ-4 Copyright © 2016 John Wiley & Sons, Inc. Moderate 25–ĬA7-10 Bad-debt reporting, ethics. Moderate 25–ĬA7-9 Receivables management. Moderate 20 –ĬA7-7 Reporting of notes receivable, interest, and saleĬA7-8 Accounting for zero-interest-bearing note. Moderate 20–ĬA7-6 Zero-interest-bearing note receivable. Moderate 25–ĬA7-5 Sale of notes receivable. Moderate 25–ĬA7-4 Basic note and accounts receivable transactions. Simple 15–ĬA7-3 Bad-debt reporting issues. Kieso, Intermediate Accounting, 16/e, Solutions Manual (For Instructor Use Only) ASSIGNMENT CHARACTERISTICS TABLE (Continued)ĬA7-2 Various receivable accounting issues. *This material is covered in an Appendix to the chapter.Ĭopyright © 2016 John Wiley & Sons, Inc. Subhan Group - Research paper based on calculation of faultsĬHAPTER 7 Cash and Receivables ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC)įor Analysis 1.Watts and Zimmerman (1990) Positive Accounting Theory A Ten Year Perspective The Accounting Review.Students Work Experience Program (SWEP) Report.350156920 Methods of Heat Transfer Answers.Project Report On Blood Bank Management System.Solution Manual of Chapter 5 - Managerial Accounting 15th Edition (Ray H.Mathematical investigation of an egg - Grade: A.
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