KISV_SM_CH04COMPLETE - 4-1CHAPTER 4 Income Statement and...

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

View Full Document Right Arrow Icon

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

View Full DocumentRight Arrow Icon

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

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

Unformatted text preview: 4-1CHAPTER 4 Income Statement and Related Information ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC) Topics Questions Brief Exercises Exercises Problems Concepts for Analysis1. Income measurement concepts. 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 18, 28, 31, 32, 33 3, 4, 5, 6, 8 2. Computation of net income from balance sheets and selected accounts. 2 1, 3, 7 3. Single-step income statements; earnings per share. 11, 19, 23, 24 1, 8 2, 4, 5, 7, 8, 14, 16 1, 3, 4, 6 1, 2, 7 4. Multiple-step income statements. 17, 18, 19 3 4, 5, 6, 9 2, 3 5. Extraordinary items; accounting changes; discontinued operations; prior period adjustments; errors. 13, 14, 15, 16, 27, 29 4, 5, 6, 7 6, 7, 8, 10, 11, 12 3, 4, 5, 6, 7 4, 6, 7, 8 6. Retained earnings statement. 30 9, 10 8, 9, 11, 13, 14 1, 2, 3, 6, 7 7. Intraperiod tax allocation. 21, 22, 25, 26, 27 9 8. Comprehensive income. 34 11 14, 15, 16 9 9. Disposal of a component (discon- tinued operations). 29, 35 4-2ASSIGNMENT CLASSIFICATION TABLE (BY LEARNING OBJECTIVE) Learning Objectives Brief Exercises Exercises Problems 1. Understand the uses and limitations of an income statement. 2. Prepare a single-step income statement. 1, 2 1, 2, 3, 4, 5, 7, 14 1 3. Prepare a multiple-step income statement. 3, 4 4, 5, 6, 8, 9, 15 2, 3 4. Explain how to report irregular items. 4, 5, 6, 7, 10 6, 7, 9, 10, 11, 12, 14 2, 3, 4, 5, 6, 7 5. Explain intraperiod tax allocation. 5, 6, 7 9, 11, 12, 14 2, 4, 5, 6, 7 6. Identify where to report earnings per share information. 8 7, 8, 9, 10, 11, 12, 14 1, 2, 3, 4, 5, 6 7. Prepare a retained earnings statement. 9, 10 9, 13, 14, 16 1, 2, 3, 5, 6 8. Explain how to report other comprehensive income. 11 14, 15, 16 4-3ASSIGNMENT CHARACTERISTICS TABLE Item Description Level of Difficulty Time (minutes) E4-1 Income statement items. Simple 2535 E4-2 Single-step income statement. Moderate 2025 E4-3 Computation of net income. Simple 1820E4-4 Multiple-step and single-step. Moderate 3040 E4-5 Multiple-step and single-step. Simple 3035 E4-6 Multiple-step and extraordinary items. Moderate 3035 E4-7 Income Statement, EPS. Simple 1520 E4-8 Condensed income statementperiodic inventory method. Moderate 2025 E4-9 Multiple-step statement with retained earnings. Simple 3035 E4-10 Earnings per share. Simple 2025 E4-11 Earnings per share. Moderate 1520 E4-12 Change in accounting principle. Moderate 1520 E4-13 Retained earnings statement. Simple 2025 E4-14 Various reporting formats. Moderate 3035 E4-15 Comprehensive income. Simple 1520 E4-16 Comprehensive income. Moderate 1520 P4-1 Single-step income, retained earnings, periodic inventory. Simple 2530 P4-2 Multi-step income, retained earnings. Moderate 3035 P4-3 Multiple- and single-step income, retained earnings. Moderate 4555 P4-4 Irregular items. Moderate 3040 P4-5 Retained earnings statement, prior period adjustments. Moderate 2535 P4-6 Income statement, irregular items. Moderate 2025 P4-7 Irregular items. Irregular items....
View Full Document

Page1 / 71

KISV_SM_CH04COMPLETE - 4-1CHAPTER 4 Income Statement and...

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