1 - CHAPTER 18 INCOME RECOGNITION AND MEASUREMENT OF NET...

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: CHAPTER 18 INCOME RECOGNITION AND MEASUREMENT OF NET ASSETS CONTENT ANALYSIS OF EXERCISES AND PROBLEMS Number Content Time Range (minutes) E18-1 Revenue Recognition Alternatives . (Moderate) Computation of revenue, expense, and gross profit over 3 year period for various recognition alternatives. 10-15 E18-2 Percentage-of-Completion . (Moderate) Comparison of yearly gross profit under the percentage-of-completion and completed contracts methods. 15-20 E18-3 Percentage-of-Completion . (Moderate) Profit/loss determination. Financial statement disclosure. 10-15 E18-4 Percentage-of-Completion . (Moderate) Profit/loss determination. Financial statement disclosure. 15-20 E18-5 (AICPA adapted). Percentage-of-Completion . (Easy) Income determination. 10-15 E18-6 (AICPA adapted). Long-Term Construction Contract . (Moderate) Completed contract, percentage-of-completion methods. Schedule. 15-20 E18-7 Proportional Performance . (Easy) Preparation of income statement. 10-15 E18-8 Revenue Recognition at Completion of Production . (Easy) Summary journal entries, inventory valuation. 10-15 E18-9 Sales Under the Installment Method . (Easy) Preparation of condensed income statement. 10-15 E18-10 Sales Under the Installment Method . (Moderate) Preparation of journal entries. 10-15 E18-11 Sales Under the Installment Method . (Moderate) Preparation of journal entries and partial income statement. 15-20 18-1 E18-12 Analysis of Installment Sales . (Easy) Computation of unknown amounts. 10-15 E18-13 Adjusting Entries . (Easy) Preparation of journal entries related to installment sales. 10-15 18-2 Number Content Time Range (minutes) E18-14 Cost Recovery . (Easy) Preparation of journal entries. 10-15 E18-15 Deposit Method . (Easy) Preparation of journal entries. 10-15 E18-16 (Appendix ). Franchisee . (Easy) Preparation of journal entries related to initial franchise fee for various situations. 10-15 E18-17 (Appendix ). Consignee . (Easy) Preparation of journal entries. 10-15 E18-18 (Appendix ). Consignor . (Easy) Preparation of journal entries. 10-15 P18-1 Revenue Recognition Alternatives . (Moderate) Indication of when revenue should be recognized under various situations. 15-20 P18-2 Revenue Recognition Alternatives . (Challenging) Income statement and balance sheet preparation under various methods. Determination of ending retained earnings. 20-30 P18-3 (AICPA adapted). Percentage-of-Completion . (Moderate) Total contract income and amount of cash in first year determined from balance sheet and income statement accounts....
View Full Document

This note was uploaded on 08/15/2010 for the course ACC ACC 305 20 taught by Professor Sylviadeangelo during the Spring '10 term at Strayer.

Page1 / 119

1 - CHAPTER 18 INCOME RECOGNITION AND MEASUREMENT OF NET...

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