CH 14 - CHAPTER 14 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
14-1 CHAPTER 14 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. 2, 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, 7, 9 1, 3, 4, 5, 7, 8, 12, 14, 15, 19, 21, 23, 25 3, 4, 8, 9 2 4. Classification of deferred taxes. 10, 11, 12, 8, 15 7, 11, 16, 18, 19, 20, 21, 22 1, 3, 6 2, 3, 5 5. Determine deferred in- come taxes and related items—multiple tax rates, expected future income. 10 2, 13, 16, 17, 18, 20, 22 1, 2, 6, 7 1, 6, 7 6. Determine deferred taxes, multiple rates, expected future losses. 1 0 7. Carryback and carryfor- ward of actual NOL. 14, 15, 18, 12, 13, 14 9, 10, 23, 24, 25 5 8. Change in enacted future tax rate. 14 11 16 2, 7 9. Tracking temporary differ- ences through reversal. 9 8, 17, 25
Background image of page 1

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

View Full DocumentRight Arrow Icon
14-2 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, 23, 24, 25 2, 3, 5, 7, 8, 9 11. Conceptual issues— tax allocation. 1, 2, 8, 19 1, 2, 7 12. Valuation allowance— deferred tax asset. 8, 18 7, 14, 15 13. Disclosure and other issues. 1
Background image of page 2
14-3 ASSIGNMENT CHARACTERISTICS TABLE Item Description Level of Difficulty Time (minutes) E14-1 One temporary difference, future taxable amounts, one rate, no beginning deferred taxes. Simple 15-20 E14-2 Two temporary differences, future deductible amounts, one rate, no beginning deferred taxes. Simple 15-20 E14-3 One temporary difference, future taxable amounts, one rate, beginning deferred taxes. Simple 15-20 E14-4 Three differences, compute taxable income, entry for taxes. Simple 15-20 E14-5 Two temporary differences, one rate, beginning deferred taxes. Simple 15-20 E14-6 Identify temporary or permanent differences. Simple 10-15 E14-7 Terminology, relationships, computations, entries. Simple 10-15 E14-8 Two temporary differences, one rate, traced for three years. Simple 10-15 E14-9 Carryback and carryforward of NOL, no valuation account, no temporary differences. Simple 15-20 E14-10 Two NOLs, no temporary differences, no valuation account, entries and income statements. Moderate 20-25 E14-11 Three differences, classify deferred taxes. Simple 10-15 E14-12 Two temporary differences, one rate, beginning deferred taxes, compute pretax financial income. Complex 20-25 E14-13 One difference, multiple rates, effect of beginning balance versus no beginning deferred taxes. Simple 20-25 E14-14 Deferred tax asset with and without valuation account. Moderate 20-25 E14-15 Deferred tax asset with previous valuation account. Complex 20-25 E14-16 Deferred tax liability, change in tax rate, prepare section of income statement. Complex
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 / 88

CH 14 - CHAPTER 14 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