# ch04 - 4-1CHAPTER 4Income Statement and Related...

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

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

View Full Document

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

View Full Document
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 4-1CHAPTER 4Income Statement and Related InformationASSIGNMENT CLASSIFICATION TABLE (BY TOPIC)TopicsQuestionsBriefExercisesExercisesProblemsConceptsfor Analysis1.Income measurementconcepts.1, 2, 3, 4, 5,6, 7, 8, 9,10, 18, 28,31, 32, 333, 4, 5, 6, 82.Computation of netincome from balancesheets and selectedaccounts.11, 2, 73.Single-step incomestatements; earningsper share.11, 19, 23,242, 83, 4, 6, 7,10, 15, 162, 3, 4, 51, 2, 74.Multiple-step incomestatements.17, 18, 1934, 5, 6, 81, 45.Extraordinary items;accounting changes;discontinuedoperations; priorperiod adjustments;errors.13, 14, 15,16, 27, 294, 5, 6, 75, 7, 9, 10,12, 133, 4, 5, 6, 74, 6, 7, 86.Retained earningsstatement.309, 108, 10, 11,12, 161, 2, 4, 5, 67.Intraperiod taxallocation.21, 22, 25,26, 2788.Comprehensiveincome.341114, 15, 1699.Disposal of acomponent (discon-tinued operations).29, 354-2ASSIGNMENT CLASSIFICATION TABLE (BY LEARNING OBJECTIVE)Learning ObjectivesBriefExercisesExercisesProblems1.Understand the uses and limitationsof an income statement.2.Prepare a single-step income statement.1, 21, 2, 3, 4,6, 7, 1623.Prepare a multiple-step income statement.3, 44, 5, 6, 8,10, 141, 44.Explain how to report irregular items.4, 5, 6, 7, 105, 7, 8, 10,12, 13, 161, 3, 4, 5,6, 75.Explain intraperiod tax allocation.5, 6, 78, 12, 13, 161, 3, 5, 6, 76.Identify where to report earnings per shareinformation.87, 8, 9, 10,12, 13, 161, 2, 3, 4,5, 77.Prepare a retained earnings statement.9, 108, 11, 15, 161, 2, 4, 5, 68.Explain how to report other comprehensiveincome.1114, 15, 164-3ASSIGNMENT CHARACTERISTICS TABLEItemDescriptionLevel ofDifficultyTime(minutes)E4-1Computation of net income.Simple18–20E4-2Income statement items.Simple25–35E4-3Single-step income statement.Moderate20–25E4-4Multiple-step and single-step.Simple30–35E4-5Multiple-step and extraordinary items.Moderate30–35E4-6Multiple-step and single-step.Moderate30–40E4-7Income Statement, EPS.Simple15–20E4-8Multiple-step statement with retained earnings.Simple30–35E4-9Earnings per share.Simple20–25E4-10Condensed income statement—periodic inventorymethod.Moderate20–25E4-11Retained earnings statement.Simple20–25E4-12Earnings per share.Moderate15–20E4-13Change in accounting principle.Moderate15–20E4-14Comprehensive income.Simple15–20E4-15Comprehensive income.Moderate15–20E4-16Various reporting formats.Moderate30–35P4-1Multi-step income, retained earnings.Moderate30–35P4-2Single-step income, retained earnings, periodic inventory.Simple25–30P4-3Irregular items.Moderate30–40P4-4Multiple- and single-step income, retained earnings.Moderate45–55P4-5Irregular items.Moderate20–25P4-6Retained earnings statement, prior period adjustments.Moderate25–35P4-7Income statement, irregular items.Moderate25–35C4-1Identification of income statement deficiencies.Simple20–25C4-2Income reporting deficiencies.Simple10–15C4-3Extraordinary items.Moderate25–35C4-4Earnings management.Moderate20–25C4-5Earnings management...
View Full Document

## This homework help was uploaded on 03/30/2008 for the course ACIS 3115 taught by Professor Cmeasterwood during the Spring '08 term at Virginia Tech.

### Page1 / 74

ch04 - 4-1CHAPTER 4Income Statement and Related...

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

View Full Document
Ask a homework question - tutors are online