This preview shows page 1. Sign up to view the full content.
Unformatted text preview: nc e.
Ac t ivit y 1- 2: Non- F inanc ial Liabilit ies and Measurement s, Rec ording, and Report ing
Part A of t his ac t ivit y provides an opport unit y t o underst and, def ine, measure, and c lassif y nonf inanc ial liabilit ies. Part B will reinf orc e your underst anding of c ont ingenc ies and ac c ount ing f or
premiums. Part C will reinf orc e your knowledge of ac c ount ing f or asset ret irement obligat ions.
Read and answer eac h part of t he problems prior t o looking at t he answer provided under
Solut ions on your c ourse Home Page.
Part A: Reading
Read Chapt er 14, pages 851–873, f or measurement , rec ording, and report ing of t he non- f inanc ial
Part B: Accounting for Non- F inancial Liabilities
1. Complet e Exerc ise E13- 22 on page 887.
2. Complet e Exerc ise E13- 18 on page 885.
Part C : Accounting for Asset Retirement Obligations
https://blackboar d.tr u.ca/webct/ur w/lc5122001.tp0/cobaltM ainFr ame.dowebct 4/6 8/27/13 Blackboar d Lear ning System 1. Complet e Exerc ise E13- 13 on page...
View Full Document
- Spring '13