Intermediate Accounting Chapter 13

CHAPTER 13

Current Liabilities and Contingencies

ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC)

Topics 1. Concept of liabilities; definition and classification of current liabilities. 2. Accounts and notes payable; dividends payable. 3. Short-term obligations expected to be refinanced. 4. Deposits and advance payments. 5. Compensated absences and bonuses. 6. Collections for third parties. 7. Contingent liabilities (General). 8. Guaranties and warranties. 9. Premiums and awards offered to customers. 10. Self-insurance, litigation, claims, and assessments, asset retirement obligations. 11. Presentation and analysis. Questions 1, 2, 3, 4, 6, 8 7, 11 9, 10 5, 12 13, 14, 15 16 17, 18, 19, 20, 22 21, 23 24, 25 26, 27, 28 1, 2, 3 4 5 8, 9 6, 7 10, 11 13, 14 15 10, 11, 12 5, 6, 16 7, 8, 9, 16 13, 16 10, 11, 16 12, 15, 16 14 3, 4 10, 11, 13 5, 6, 7, 12, 14 8, 9, 12, 14 2, 10, 11, 13 9 5, 6 4, 5, 6 6, 7 Brief Exercises Exercises 1, 16 Problems 1, 2 Concepts for Analysis 1, 2

2, 16 3, 4

1, 2

1, 2 3 2

29, 30, 31

17, 18, 19

3

Copyright © 2013 John Wiley & Sons, Inc.

Kieso, Intermediate Accounting, 15/e, Solutions Manual

(For Instructor Use Only)

13-1

ASSIGNMENT CLASSIFICATION TABLE (BY LEARNING OBJECTIVE)

Learning Objectives Questions 1. Describe the nature, type, and valuation of current liabilities. Explain the classification issues of shortterm debt expected to be refinanced. Identify types of employeerelated liabilities. Identify the criteria used to account for and disclose gain and loss contingencies. Explain the accounting for different types of loss contingencies. Indicate how to present and analyze liabilities and contingencies. 1,2,3,4,7,8 Brief Exercises 1, 2, 3, 4, 5, 6 Exercises 1, 2, 7 Problems 1, 2 Concepts for Analysis CA13-1

2.

5,6,9,10,11 ,12

4

3, 4

CA13-2, CA13-3

3.

13,14

7, 8, 9

5, 6, 8, 9

3, 4

4.

15,16

10, 11, 12, 13, 14, 15

13

7, 10, 11, 13

CA13-4, CA13-5

5.

17, 18,19,...