reporting and analyzing long lived assets

... disposal of plant assets. 6 Describe methods for evaluating the use of plant assets. 7 Identify the basic issues related to reporting intangible assets. 8 Indicate how long-lived assets are reported ... Accounting Seventh Edition Kimmel Weygandt Kieso Trang 5Plant Assets Plant Assets Referred to as property, plant, and equipment; plant and equipment; and fixed assets. LO 1 Describe how the historical ... Disposals Trang 47Illustration 9-19 Analyzing Plant Assets Analyzing Plant Assets LO 6 Describe methods for evaluating the use of plant assets. generated by each dollar of assets. ...

Ngày tải lên: 01/12/2016, 15:34

... costs will have lower ROE and lower ROA in early years This occurs because of lower profits and not because of higher assets and equity levels Actually, the assets and equity are lower due to ... which method is used Higher debt/equity and debt/assets will occur because of lower asset and equity levels Lower ROA and ROE will occur because of higher asset and equity levels in the early years ... Trang 1Long-lived Assets: Implications for Financial Statements and RatiosLow capital expenditures High earnings per share Low average age of equipment Explanation Average age of depreciable assets...

Ngày tải lên: 14/06/2019, 16:21

... on the parent’s books as a long-term investment  Parent generally prepares consolidated financial statements Trang 24Valuing and Reporting Investments Valuing and Reporting Investments These ... securities and all stock investments in which the holdings are less than 20%. LO 5 Indicate how debt and stock investments are valued and reported in financial statements. Trang 25Valuing and Reporting ... approach referred to as market accounting), and report changes from cost as part of net income Trang 26Valuing and Reporting Investments Valuing and Reporting Investments Available-for-Sale Securities...

Ngày tải lên: 24/11/2016, 14:35

... Kimmel Weygandt Kieso Trang 5Amounts due from individuals and companies that are expected to be collected in cash. Amounts customers owe on account that result from the sale of goods and services ... that included donations, facility rental fees, ticket revenue, and bar receipts However, she was also responsible for handling all cash and checks from the time they were received until the time ... specified amount of money on demand or at a definite time Promissory notes may be used 1 when individuals and companies lend or borrow money, 2 when amount of transaction and credit period exceed...

Ngày tải lên: 24/11/2016, 14:36

... on the parent’s books as a long-term investment  Parent generally prepares consolidated financial statements Trang 24Valuing and Reporting Investments Valuing and Reporting Investments These ... securities and all stock investments in which the holdings are less than 20%. LO 5 Indicate how debt and stock investments are valued and reported in financial statements. Trang 25Valuing and Reporting ... approach referred to as market accounting), and report changes from cost as part of net income Trang 26Valuing and Reporting Investments Valuing and Reporting Investments Available-for-Sale Securities...

Ngày tải lên: 01/12/2016, 14:33

... Kimmel Weygandt Kieso Trang 5Amounts due from individuals and companies that are expected to be collected in cash. Amounts customers owe on account that result from the sale of goods and services ... that included donations, facility rental fees, ticket revenue, and bar receipts However, she was also responsible for handling all cash and checks from the time they were received until the time ... specified amount of money on demand or at a definite time Promissory notes may be used 1 when individuals and companies lend or borrow money, 2 when amount of transaction and credit period exceed...

Ngày tải lên: 01/12/2016, 14:34

... future date. • Notes are classified as current or term assets, depending on the due long-date. Trang 44• Maker The individual who signs the note and assumes responsibility.• Payee The person to whom ... between the actual and the desired balance is the expense entry. • Aging Method The process of categorizing each account receivable by the number of days it has been outstanding. Trang 30Example: ... services performed or merchandise sold on credit. • When an account becomes uncollectible, a bad debt expense is incurred. Trang 3Example: Accounts ReceivableAssume merchandise is sold on account...

Ngày tải lên: 05/12/2016, 17:37

... has two types of long-lived assets: land and machinery The company prepares its financial statements as per IFRS, which allows the company to use: A The cost model for land and revaluation model ... LO.j: Explain the derecognition of property, plant, and equipment and intangible assets 45 A company plans to either exchange or abandon a long-lived asset Until it does so, the asset will least ... impairment of property, plant, and equipment and intangible assets 40 Which of the following assets should most likely be tested for impairment at least annually? A Land B A patent with a legal...

Ngày tải lên: 14/06/2019, 15:38

... balance sheet reporting of long-lived assets: A) the rm must report under U.S GAAP. B) an active market must exist for the assets. C)the rm must choose which assets of each type to revalue, and which ... model for long-lived assets that have an activemarket which can be used to determine the fair value of the assets The firm must use thesame model for all assets of a similar type U.S GAAP reporting ... IFRS and U.S GAAP. Explanation For long-lived assets classified as investment property, IFRS allows either the cost model or the fair value model The revaluation model is permitted for long-lived...

Ngày tải lên: 12/01/2022, 17:26

... Identify the types of bonds. Bond: Long-Term Liabilities Bond: Long-Term Liabilities Trang 24LO 4 Identify the types of bonds.Bond: Long-Term Liabilities Bond: Long-Term Liabilities Trang 2510-25Trang ... Analysis and Presentation Financial Statement Analysis and Presentation Illustration 10-15 Trang 49Analysis Financial Statement Analysis and Presentation Financial Statement Analysis and Presentation ... current liability? _ 2 What amount should be reported as a long-term liability? _ Current Maturities of Long-Term Debt  Portion of long-term debt that comes due in the current year  No adjusting...

Ngày tải lên: 24/11/2016, 14:36

... Identify the types of bonds. Bond: Long-Term Liabilities Bond: Long-Term Liabilities Trang 24LO 4 Identify the types of bonds.Bond: Long-Term Liabilities Bond: Long-Term Liabilities Trang 2510-25Trang ... Analysis and Presentation Financial Statement Analysis and Presentation Illustration 10-15 Trang 49Analysis Financial Statement Analysis and Presentation Financial Statement Analysis and Presentation ... current liability? _ 2 What amount should be reported as a long-term liability? _ Current Maturities of Long-Term Debt  Portion of long-term debt that comes due in the current year  No adjusting...

Ngày tải lên: 01/12/2016, 14:34

... Managing Receivables Reporting and Analyzing Receivables Reporting and Analyzing Receivables Determining maturity date Computing interest Recognizing notes receivable Balance sheet and notes Income ... A/R and Bad Debts Trang 17Journal entry for credit sale of $100?Accounting for A/R and Bad Debts Accounting for A/R and Bad Debts Trang 18Accounting for A/R and Bad DebtsAccounting for A/R and ... for A/R and Bad DebtsAccounting for A/R and Bad Debts How are these accounts presented on the Balance Sheet? Accounts Receivable Doubtful Accounts Allowance for Trang 14Assets Current Assets:Less:...

Ngày tải lên: 05/12/2016, 17:28

... Understand and analyzing learning objects: A foundation for long-term substantiality and use for e-learning Knowledge Management & E-Learning, 7(2), 280–296. Trang 2Understand and analyzing ... E-Learning ISSN 2073-7904 Understand and analyzing learning objects: A foundation for long-term substantiality and use for e-learning Hsin-liang Chen Long Island University, USA Joi L Moore ... School of Library and Information Science at Long Island University His research interests are digital media design, management and evaluation, user studies, and information systems and social impact...

Ngày tải lên: 10/01/2020, 06:19

... Long-Lived Assets (SFAS 144), issued in 2001 IN4 SFAS 144 addresses three areas: (i) the impairment of long-lived assets to be held and used, (ii) the classification, measurement and presentation of assets ... presentation of assets held for sale and (iii) the classification and presentation of discontinued operations The impairment of long-lived assets to be held and used is an area in which there are ... International Financial Reporting Standards and the Framework for the Preparation and Presentation of Financial Statements IAS 8 Accounting Policies, Changes in Accounting Estimates and Errors provides...

Ngày tải lên: 05/02/2020, 03:51

... Trang 1Long-Term Assets Exercises II Download free books at Trang 2Larry M Walther & Christopher J SkousenLong-Term Assets Exercises II Trang 3Long-Term Assets Exercises II1st ... other specialists and contribute to influencing our future Come and join us in reinventing light every day. Trang 5Long-Term Assets Exercises II Contents© Deloitte & Touche LLP and affiliated ... all land, buildings, and equipment The brochure indicated that an independent appraisal had been conducted and that land was separately valued at $3,500,000, the building at $7,000,000, and the...

Ngày tải lên: 16/01/2021, 09:24

... Financial Reporting and Analysis: Inventories, Long-livedAssets, Income Taxes, and Non-current Liabilities $36,000 $25,200 $10,800 A temporary difference between income tax expense and taxes ... tax and financial reporting A permanent difference will result between tax and financial reporting Trang 6immaterial amount and ignored.Laser Tech has net temporary differences between tax and ... bonds will appear as: long-term liabilities only both current and long-term liabilities current liabilities only Crawford Corp and Vernon Corp are lessors who have leased assets on identical terms...

Ngày tải lên: 18/10/2021, 19:38

... species. Long-lived species typically present deferred maturity and their vital rates (survival and reproduction) are expected to change with age1 Age- and/or stage-dependent patterns of survival and ... Blanco6, Olga Ceballos7, Juan M Grande8,9, José L Tella1 & José A Donázar1 In long-lived species, the age-, stage- and/or sex-dependent patterns of survival and reproduction determine the evolution ... Trang 1Sex- and age-dependent patterns of survival and breeding success in a long-lived endangered avian scavenger Ana Sanz-Aguilar1,2,3,*, Ainara Cortés-Avizanda1,4,5,*, David Serrano1,...

Ngày tải lên: 04/12/2022, 16:16

... Between Land and Land Improvements When acquiring land, certain costs are again ordinary and necessary and should be assigned to Land These costs obviously will include the cost of the land, plus ... measure and report it in the consolidated statements along with all the other assets and liabilities of the parent and sub Study the following consolidated balance sheet for Premier and Sledge: ... survey costs, and zoning fees But other more exotic costs come into play and should be added to the Land account; the list can grow long For example, costs to grade and drain land to get it ready...

Ngày tải lên: 26/10/2012, 11:24

... Tesco, Royal Bank of Scotland (RBS), Birmingham City Council and the Department for Culture, Media and Sport (DCMS) The full case studies themselves are available in a book along with supporting material ... commercial modes of operation and is facing diverse threats and opportunities emerging as a result of social change And DCMS, like many other public sector organisations, has to handle an incredibly complex ... important and timely messages about the effective monitoring, evaluation and control of enterprise risk Introduction CIMA is clear about the importance of ‘the process of understanding and managing...

Ngày tải lên: 08/02/2014, 17:45

... 21.5 Example 21.1, an ARP request and replyTrang 1021.10Trang 11Figure 21.7 BOOTP client and server on the same and different networksTrang 12DHCP provides static and dynamic address allocation ... ARP request and reply packets encapsulated in Ethernet frames. Solution Figure 21.5 shows the ARP request and reply packets Note that the ARP data field in this case is 28 bytes, and that the ... Error Reporting, and Multicasting Trang 221-1 ADDRESS MAPPING The delivery of a packet to a host or a router requires two levels of addressing: two levels of addressing: logical logical and physical...

Ngày tải lên: 06/03/2014, 12:20