西方财务会计课后答案(第十四节).docVIP

CHAPTER 13 Investments ASSIGNMENT CLASSIFICATION TABLE Brief  A  B Study Objectives Questions Exercises Exercises Problems Problems 1. Discuss why corpora- tions invest in debt and stock securities.  1 2. Explain the accounting  2, 3, 4  1  1  1A, 2A  1B, 2B for debt investments. 3. Explain the accounting for stock investments.  5, 6, 7, 8, 9, 10  2, 3  2, 3, 4, 5  2A, 3A, 4A, 5A  2B, 3B, 4B, 5B 4. Describe the use of consolidated financial statements.  11 5. Indicate how debt and stock investments are  12, 13, 14, 15, 16, 17,  4, 5, 6, 7, 8  6, 7, 8  1A, 2A, 3A, 5A, 6A  1B, 2B, 3B, 5B, 6B valued and reported on the financial statements. 18 6. Distinguish between  19  5, 7, 8  6, 7, 8  1A, 2A, 3A,  1B, 2B, 3B, short-term and long-term investments. 5A, 6A 5B, 6B *7. Describe the content of a  9, 10  9, 10  7A  7B work sheet for a consoli- dated balance sheet. *8. Explain the form and  20, 21  7A  7B content of consolidated fi- nancial statements. *Note: All asterisked Questions, Exercises, and Problems relate to material contained in the appendix to the chapter. 13-1 ASSIGNMENT CHARACTERISTICS TABLE Problem  Difficulty  Time Number 1A Description Journalize debt investment transactions and show Level Moderate Allotted (min.) 30?40 financial statement presentation. 2A  Journalize investment transactions, prepare adjusting  Moderate  30?40 entry, and show statement presentation. 3A  Journalize transactions and adjusting entry for stock  Moderate  30?40 investments. 4A  Prepare entries under the cost and equity methods, and  Simple  20?30 tabulate differences. 5A  Journalize stock investment transactions and show state-  Moderate  40?50 ment presentation. 6A *7A  Prepare a balance sheet. Prepare consolidated work sheet and balance sheet  Moderate Simple  30?40 30?40 when cost exceeds book value. 1B  Journalize debt investment transactions and show  Moderate  30?40 financial statement presentation. 2B  Journ