CH20 - CHAPTER 20 Accounting for Income Taxes ASSIGNMENT...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
CHAPTER 20 Accounting for Income Taxes ASSIGNMENT CLASSIFICATION TABLE Topics Questions Brief Exercises Exercises Problems Cases 1. Reconcile pretax finan- cial income with taxable income. 1, 13 1 1, 2, 4, 7, 12, 18, 20, 21 1, 2, 3, 8 2. Identify temporary and permanent differences. 3, 4, 5 4, 5, 6, 7 3, 4, 5 3. Determine deferred in- come taxes and related items—single tax rate. 6, 7, 13 2, 3, 4, 5, 6, 8 1, 3, 4, 5, 7, 8, 12, 14, 15, 19, 21, 23, 25 3, 8, 9 2 4. Classification of deferred taxes. 10, 11, 12 7 7, 11, 16, 20, 21, 22, 24, 25, 26 1, 3, 4 2, 3, 5 5. Determine deferred in- come taxes and related items—multiple tax rates, expected future income. 9, 10, 14 2, 13, 16, 17, 18, 20, 22, 24 1, 2, 4, 6, 7 1, 6, 7 6. Determine deferred taxes, multiple rates, expected future losses. 11, 14 4 7. Carryback and carryfor- ward of actual NOL. 14, 15, 18 11, 12, 13 9, 10, 26, 27, 28 5 8. Change in enacted future tax rate. 14 16 2, 7 9. Tracking temporary differ- ences through reversal. 9 8, 17, 23 2, 7 20-1
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
ASSIGNMENT CLASSIFICATION TABLE (Continued) Topics Questions Brief Exercises Exercises Problems Cases 10. Income statement presentation. 9 1, 2, 3, 4, 5, 7, 10, 12, 16, 18, 21, 26, 27, 28 2, 3, 5, 7, 8, 9 11. Conceptual issues— tax allocation. 1, 2, 8 1, 2, 7 12. Valuation allowance— deferred tax asset. 8, 19 7, 14, 15 13. Disclosure and other issues. 15, 18 20-2
Background image of page 2
ASSIGNMENT CHARACTERISTICS TABLE Item Description Level of Difficulty Time (minutes) E20-1 One temporary difference, future taxable amounts, one rate, no beginning deferred taxes. Simple 15-20 E20-2 Two temporary differences, future deductible amounts, one rate, no beginning deferred taxes. Simple 15-20 E20-3 One temporary difference, future taxable amounts, one rate, beginning deferred taxes. Simple 15-20 E20-4 Three differences, compute taxable income, entry for taxes. Simple 15-20 E20-5 Two temporary differences, one rate, beginning deferred taxes. Simple 15-20 E20-6 Identify temporary or permanent differences. Simple 10-15 E20-7 Terminology, relationships, computations, entries. Simple 10-15 E20-8 One temporary difference through three years, one rate. Simple 10-15 E20-9 Carryback and carryforward of NOL, no valuation account, no temporary differences. Simple 15-20 E20-10 Two NOLs, no temporary differences, no valuation account, entries and income statements. Moderate 20-25 E20-11 Three differences, classify deferred taxes. Simple 10-15 E20-12 Two temporary differences, one rate, beginning deferred taxes, compute pretax financial income. Complex 20-25 E20-13 One difference, multiple rates, effect of beginning balance versus no beginning deferred taxes. Simple 20-25 E20-14 Deferred tax asset with and without valuation account. Moderate 20-25 E20-15 Deferred tax asset with previous valuation account. Complex 20-25 E20-16 Deferred tax liability, change in tax rate, prepare section of income statement.
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 131

CH20 - CHAPTER 20 Accounting for Income Taxes ASSIGNMENT...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online