China Economic

PREFACE—TO THE INSTRUCTOR

The presentation of the subject matter in each of the chapters in Intermediate Accounting is followed by questions, exercises, problems, and cases; these are followed by a section entitled “Using Your Judgment” (financial reporting, financial statement analysis, comparative analysis, research, writing, group, and ethics cases). This manual contains suggested answers to the questions and cases and complete solutions to all exercises, problems, and cases in the textbook. Assignment Classification Table. A unique feature of our Solutions Manual is a table that categorizes all four types of end-of-chapter items (questions, exercises, problems, and cases) by key topics in the chapter. Assignment Characteristics Table. Each chapter of this manual contains a table offering: (1) a short description of each exercise, problem, and case, (2) an indication of the level of difficulty (simple, moderate, or complex), and (3) the estimated time in minutes. An estimated average minimum and maximum time (in minutes) is given for each exercise, problem, and case in the text. Although many of the estimated times are based on actual classroom experience, it should be recognized that they are only averages. On any given problem or case even a superior student may encounter difficulty because of a mechanical error or misinterpretation of the problem and spend more time than on other problems of similar difficulty. The estimated time to complete each exercise is also indicated at the right of each exercise number. For problems and cases the estimated time also appears with the list of “purposes” that precedes each set of problems and each set of cases. We hope these classifications, descriptions, and times will prove helpful to instructors in tailoring homework assignments to the capacities of their students and to the time available. Purpose. A statement of the purpose of each problem and each case appears in a list preceding the sets of problems and cases in...