Solutions to Ch. 7 - 14e精品.docVIP

CHAPTER 7 Cash and Receivables ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC) Topics Questions Brief Exercises Exercises Problems Concepts for Analysis 1. Accounting for cash. 1, 2, 3, 4, 22 1 1, 2 1 2. Accounting for accounts receivable, bad debts, other allowances. 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 20 2, 3, 4, 5 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 14 2, 3, 4, 5, 6 1, 2, 3, 4, 5, 10, 11 3. Accounting for notes receivable. 14, 15 6, 7 18, 19 8, 9, 10 6, 7, 8, 9 4. Assignment and factoring of accounts receivable. 17, 18, 19 8, 9, 10, 11, 12 12, 13, 14, 15, 16, 17, 21 7, 11 4, 6, 8 5. Analysis of receivables. 21 13 20, 21 1 *6. Petty cash and bank reconciliations. 23 14, 15, 16 22, 23, 24, 25 12, 13, 14 *7. Loan impairments 24, 25 17 26, 27 15 *This material is covered in an Appendix to the chapter. ASSIGNMENT CLASSIFICATION TABLE (BY LEARNING OBJECTIVE) Learning Objectives Brief Exercises Exercises Problems 1. Identify items considered cash. 1 1, 2 2. Indicate how to report cash and related items. 1 3. Define receivables and identify the different types of receivables. 3, 4 6 4. Explain accounting issues related to recognition of accounts receivable. 2, 3 3, 4, 5, 6, 12 6 5. Explain accounting issues related to valuation of accounts receivable. 4, 5 7, 8, 9, 10, 11, 12, 14 2, 3, 4, 5, 6 6. Explain accounting issues related to recognition and valuation of notes receivable. 6, 7 18, 19 8, 9, 10 7. Explain the fair value option. 19 8. Explain accounting issues related to disposition of accounts and notes receivable. 8, 9, 10,11, 12 12, 13, 14, 15, 16, 17, 21 7, 11 9. Describe how to report and analyze receivables. 13 20 11 *10. Explain common techniques employed to control cash. 14, 15, 16 22, 23, 24, 25 12, 13, 14 *11. Describe the accounting for a loan impairment. 17 26, 27 15 ASSIGNMENT CHARACTERISTICS TABLE Item Description Level of Difficulty Time (minutes) E7-1 Determining cash balance. Moderate 1