Submitted by: Submitted by campadelic
Views: 343
Words: 13255
Pages: 54
Category: Business and Industry
Date Submitted: 11/03/2012 09:02 PM
CHAPTER 3
PROCESSING ACCOUNTING INFORMATION
OVERVIEW OF EXERCISES, PROBLEMS, AND CASES
Estimated
Time in
Learning Outcomes Exercises Minutes Level
1. Explain the difference between an external and internal event. 1 10 Easy
2. Explain the role of source documents in an accounting system. 2 10 Easy
3. Analyze the effects of transactions on the accounting equation 3 15 Mod
and understand how those transactions affect the balance 4 15 Mod
sheet and the income statement. 9* 20 Mod
11* 10 Mod
12* 10 Easy
13* 20 Mod
14* 30 Mod
4. Define the concept of a general ledger and understand the 5 10 Easy
use of the T account as a method for analyzing transactions. 9* 20 Mod
10* 10 Mod
11* 10 Mod
12* 10 Easy
5. Explain the rules of debits and credits. 6 10 Easy
7 10 Diff
9* 20 Mod
11* 10 Mod
12* 10 Easy
13* 20 Mod
14* 30 Mod
15* 15 Mod
6. Explain the purposes of a journal and the posting process. 13* 20 Mod
14* 30 Mod
15* 15 Mod
7. Explain the purpose of a trial balance. 8 25 Mod
10* 10 Mod
*Exercise, problem, or case covers two or more learning outcomes
Level = Difficulty levels: Easy; Moderate (Mod); Difficult (Diff)
Problems Estimated
and Time in
Learning Outcomes Alternates Minutes Level
1. Explain the difference between an external and internal event. 1 20 Easy
5* 45 Mod
2. Explain the role of source documents in an accounting system. 5* 45 Mod
3. Analyze the effects of transactions on the accounting equation 2 60 Mod
and understand how those transactions affect the balance 3 60 Mod
sheet and the income statement. 4 60 Diff
6* 20 Mod
7* 60 Mod
9* 30 Mod
10* 45 Mod
11* 30 Diff
12* 75 Mod
13* 75 Mod
4. Define the concept of a general ledger and understand the 7* 60 Mod
use of the T account as a method for analyzing transactions. 8* 60 Mod
10* 45 Mod
11** 30 Diff
5. Explain the...