Intermediate AccountingWhat is intermediate accounting all about? There is a vast body of knowledge that must be mastered before you can account for the activities of an enterprise. It is the nitty-gritty course where it all happens. Every important financial accounting topic is included in this textbook. The book is a blend of technical knowledge; professional judgement; non-GAAP situations; a Canadian agenda; and an international view. In this book, the authors have taken a fresh look at the realities of Canadian business practice. A series of annual reports accompany this text as a value-added supplement. |
Contents
Brief Table of Contents Volume | 1 |
CHAPTER | 7 |
Analyzing More Complex Situations | 27 |
Copyright | |
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31 December accounting policies accounting principles accounting standards Accounts payable accounts receivable accrued acquisition ACSB activities adjusted allocation amortization amount Assume assumption balance sheet bank basis bonds book value Canada Canadian Canadian dollars capital assets carrying value cash equivalents cash flow statement chapter CICA Handbook classification common shares company's contract Corporation current liabilities debit December 20X5 deferred disclosed discontinued operations discount dividends dollars ended 31 December entries equipment equity estimated example Exhibit extraordinary items fair value FIFO financial reporting financial statements future GAAP goodwill historical cost income statement income tax increase incurred Interest expense interest rate inventory investor issued January LIFO loan long-term investment market value measurement ment method paid payment period Prepare public companies purchase recognized recorded Required residual value result retained earnings revenue recognition shareholders sold straight-line transactions users value added write-down year-end