# ch03 - CHAPTER 3 Adjusting the Accounts ASSIGNMENT...

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3-1 CHAPTER 3 Adjusting the Accounts ASSIGNMENT CLASSIFICATION TABLE Study Objectives Questions Brief Exercises Exercises A Problems B Problems * 1. Explain the time period assumption. 11 * 2. Explain the accrual basis of accounting. 2, 3, 4, 5 2, 3, 10 * 3. Explain the reasons for adjusting entries. 6, 7 1 * 4. Identify the major types of adjusting entries. 8, 18 2, 8 4, 6, 11 * 5. Prepare adjusting entries for deferrals. 8, 9, 10, 11, 12, 13, 18, 19, 20 3, 4, 5, 6 5, 6, 7, 8, 9, 10, 11, 12, 13, 15 1A, 2A, 3A, 4A, 5A, 6A 1B, 2B, 3B, 4B, 5B * 6. Prepare adjusting entries for accruals. 8, 14, 15, 16, 17, 18, 19, 20 7 5, 6, 7, 8, 9, 10, 11, 12, 13, 15 1A, 2A, 3A, 4A, 5A, 6A 1B, 2B, 3B, 4B, 5B * 7. Describe the nature and purpose of an adjusted trial balance. 21 9, 10 10, 11, 12, 13, 14 1A, 2A, 3A, 5A, 6A 1B, 2B, 3B, 5B *8. Prepare adjusting entries for the alternative treatment of deferrals. 22 11 16, 17 6A * Note: All asterisked Questions, Exercises, and Problems relate to material contained in the appendix to the chapter.

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BLOOM’S TAXONOMY TABLE 3-3 Correlation Chart between Bloom’s Taxonomy, Study Objectives and End-of-Chapter Exercises and Problems Study Objective Knowledge Comprehension Application Analysis Synthesis Evaluation * 1. Explain the time period assumption. Q3-1 E3-1 2. Explain the accrual basis of accounting. Q3-2 Q3-3 Q3-4 Q3-5 E3-3 E3-10 E3-2 3. Explain the reasons for adjusting entries. Q3-6 Q3-7 BE3-1 4. Identify the major types of adjusting entries. Q3-8 Q3-18 BE3-2 BE3-8 E3-4 E3-6 E3-11 5. Prepare adjusting entries for deferrals. Q3-9 Q3-10 Q3-11 Q3-12 Q3-13 Q3-19 Q3-20 BE3-3 BE3-4 BE3-5 BE3-6 E3-5 E3-7 E3-8 E3-9 E3-12 E3-13 E3-15 P3-1A P3-2A P3-3A P3-4A P3-5A P3-6A P3-1B P3-2B P3-3B P3-4B P3-5B 6. Prepare adjusting entries for accruals. Q3-14 Q3-15 Q3-17 Q3-16 BE3-7 7. Describe the nature and purpose of an adjusted trial balance. Q3-21 BE3-9 BE3-10 E3-14 *8. Prepare adjusting entries for the alternative treatment of deferrals. Q3-22 BE3-11 E3-16 E3-17 Broadening Your Perspective Communication Financial Reporting Comparative Analysis

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## This note was uploaded on 04/15/2010 for the course ACCOUNTING 1234 taught by Professor Ahmed during the Spring '10 term at Abu Dhabi University.

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ch03 - CHAPTER 3 Adjusting the Accounts ASSIGNMENT...

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