Porter SM_Ch.03_final - CHAPTER 3 Processing Accounting...

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CHAPTER 3 Processing Accounting Information Estimated Time in Learning Outcomes Exercises Minutes Level 1. Explain the difference between an external and 1 10 Easy internal event. 2. Explain the role of source documents in an accounting 2 10 Easy system. 3. Analyze the effects of transactions on the accounting 3 15 Mod equation and understand how these transactions 4 15 Mod affect the financial statements. 5 20 Mod 10* 10 Mod 11* 10 Mod 12* 20 Mod 14* 20 Mod 15* 30 Mod 4. Describe the use of the account and the general ledger to 6 10 Easy accumulate amounts of financial statement items. 10* 10 Mod 11* 10 Mod 12* 20 Mod 13* 10 Mod 5. Explain the rules of debits and credits (Appendix). 7 10 Easy 8 10 Diff 11* 10 Mod 12* 20 Mod 14* 20 Mod 15* 30 Mod 16* 15 Mod 6. Explain the purposes of a journal and the posting process 14* 20 Mod (Appendix). 15* 30 Mod 16* 15 Mod 7. Explain the purpose of a trial balance (Appendix). 9 25 Mod 13* 10 Mod *Exercise, problem, or case covers two or more learning objectives Level = Difficulty levels: Easy; Moderate (Mod); Difficult (Diff) 3-1
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3-2 FINANCIAL ACCOUNTING SOLUTIONS MANUAL Problems Estimated and Time in Learning Outcomes Alternates Minutes Level 1. Explain the difference between an external and an 1 20 Easy internal event. 5* 45 Mod 6* 75 Mod 7* 75 Mod 2. Explain the role of source documents in an accounting 5* 45 Mod system. 3. Analyze the effects of transactions on the accounting 2 60 Mod equation and understand how these transactions 3 60 Mod affect the financial statements. 4 60 Diff 6* 75 Mod 7* 75 Mod 8* 20 Mod 9* 60 Mod 11* 30 Mod 12* 45 Mod 13* 30 Diff 14* 75 Mod 15* 75 Mod 4. Describe the use of the account and the general ledger to 9* 60 Mod accumulate amounts of financial statement items. 10* 60 Mod 12* 45 Mod 13** 30 Diff 5. Explain the rules of debits and credits (Appendix). 8* 20 Mod 9* 60 Mod 11* 30 Mod 12* 45 Mod 13* 30 Diff 14* 75 Mod 15* 75 Mod 6. Explain the purposes of a journal and the posting process 11* 30 Mod (Appendix). 14* 75 Mod 15* 75 Mod 7. Explain the purpose of a trial balance (Appendix). 10* 60 Mod 12 45 Mod 13* 30 Diff 14*# 75 Mod 15*# 75 Mod *Exercise, problem, or case covers two or more learning objectives **Alternate problem only #Original problem only Level = Difficulty levels: Easy; Moderate (Mod); Difficult (Diff)
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CHAPTER 3 • PROCESSING ACCOUNTING INFORMATION 3-3 Estimated Time in Learning Outcomes Cases Minutes Level 1. Explain the difference between an external and 3* 20 Mod internal event. 5* 60 Mod 6* 30 Mod 2. Explain the role of source documents in an accounting 4* 60 Diff system. 3. Analyze the effects of transactions on the accounting 2 15 Mod equation and understand how these transactions 3* 20 Mod affect the financial statements. 4* 60 Diff 5* 60 Mod 6* 30 Mod 7* 30 Mod 4. Describe the use of the account and the general ledger to 1 30 Mod accumulate amounts of financial statement items. 5* 60 Mod 5. Explain the rules of debits and credits (Appendix). 7* 30 Mod
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This note was uploaded on 02/11/2012 for the course ACCT 3320 taught by Professor Frankzhang during the Spring '06 term at University of Texas at Dallas, Richardson.

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Porter SM_Ch.03_final - CHAPTER 3 Processing Accounting...

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