Intermediate Accounting Week 2 Ch. 3

Intermediate Accounting Week 2 Ch. 3 - Net pension asset...

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3–22. 1. (g) (–) 11. (a) 2. (b) 12. (b) 3. (f) or (g)* 13. (d) 4. (a) 14. (a) (–) 5. (f) 15. (f) 6. (f) 16. (c) (–) 7. (f) or (h) 17. (a) 8. (i) 18. (a) 9. (f) 19. (a) 10. (e) 20. (e) As discussed in Chapter 16, can also be (a), current asset *If bonds are expected to be refinanced and the necessary criteria are met. 3–26. Balance Sheet Assets Liabilities Current assets: Current liabilities: Cash Notes payable Investment securities (trading) Accounts payable Accounts receivable Income taxes payable Less allowance for bad   Salaries payable debts Estimated warranty expense Interest receivable payable Inventory Total current liabilities Prepaid insurance Noncurrent liabilities: Total current assets Long-term debt: Investments: Bonds payable Investment in subsidiary Premium on bonds payable
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Unformatted text preview: Net pension asset Deferred income tax liability Total investments Total noncurrent liabilities Property, plant, and equipment: Total liabilities Land Buildings Stockholders Equity Less accumulated depreciation Contributed capital: Equipment Common stock Less accumulated depreciation Paid-in capital in excess of stated Total property, plant, and value equipment Paid-in capital from sale of Intangible assets: treasury stock Patents Total contributed capital Goodwill Retained earnings Total intangible assets Total stockholders equity Total assets Total liabilities and stockholders equity...
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Intermediate Accounting Week 2 Ch. 3 - Net pension asset...

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