AP12.01 – Great Adventures
Financial Accounting
Spiceland, Thomas, and Herrman
05th Edition and 06th Edition
Calculate risk ratios and profitability ratios for Year 2.
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Your numbers will vary.
Calculate risk ratios and profitability ratios for Year 2.
Your numbers will vary.
HELD TO MATURITY BONDS: Journal entries for bond investment, interest and sale.
Your numbers will vary.
TRADING PORTFOLIO BONDS: Prepare journal entries for bond purchase, interest and sale.
Your numbers will vary.
Given a list of transactions from throughout the year… prepare journal entries for each transaction along with determining the amounts that would be reported on the income statement, statement of comprehensive income, and balance sheet when categorizing the investments as securities available-for-sale.
Your numbers will vary.
Given a list of transactions relating to the buying and selling of stocks for multiple companies… prepare a journal entry for each of the transactions.
Your numbers will vary.
Match each phrase with its corresponding terminology, business purpose test, IFRS no. 9, etc…
Using the indirect method, how would the following transactions impact the statement of cash flows for XYZ Corporation?
If a company such as Dinsburry determines that an investment previously classified as trading security is now more appropriately classified as held-to-maturity, what actions would it take?
How would Ziggy Company proceed if it decides to reclassify an investment from held-to-maturity to available-for-sale?
What action would Dizbert Company take if it determined that an investment initially classified as available-for-sale is now more appropriately categorized as held-to-maturity?