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ACG 3113 Week 1 Individual Work
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Exercise 8-1
Exercise 8-9
Exercise 8-10
Problem 8-5
**********************************************************
ACG 3113 Week 2 Individual Work
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Exercise 9-2
Exercise 9-8
Exercise 9-12
Problem 9-2
**********************************************************
ACG 3113 Week 3 Individual Work
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Exercise 10-3: Acquisition costs of trucks, page 568
Exercise 10-23: Analysis of subsequent expenditures, page 575
Exercise 10-24: Entries for disposition of assets, page 575-576
Problem 10-4: Dispositions, page 578-579
**********************************************************
ACG 3113 Week 4 Individual Work
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Exercise 11-4
Exercise 11-11
Exercise 11-16
Exercise 11-24
Problem 11-2
**********************************************************
ACG 3113 Week 5 Individual Work
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Exercise 12-2
Exercise 12-6
Exercise 12-7
Exercise 12-11
Exercise 12-12
**********************************************************
ACG 3113 Week 6 Individual Work
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Exercise 12-14: Copyright impairment
Exercise 12-15: Goodwill impairment
Exercise 12-17: Accounting for R & D costs
Problem 12-4: Accounting for R & D costs
**********************************************************
ACG 3113 Week 7 Individual Work
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Exercise 13-1
Exercise 13-5
Exercise 13-9
Problem 13-4
**********************************************************
ACG 3113 Week 9 Individual Work
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E14-1 pg 801
E14-3 pg 801
E14-10 pg 802-803
P14-5 pg 805-806
**********************************************************
ACG 3113 Week 9 Team Work
For more classes visit
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P14-1 (Analysis of Amortization Schedule and Interest Entries) The
following amortization and interest schedule reflects the issuance of 10-
year bonds by Capulet Corporation on January 1, 2008, and the
subsequent
interest payments and charges. The company's year end is December 31,
and financial statements are prepared once yearly.
Amortization Schedule
Amount
Carrying
Year
Cash
Interest
Unamortized
Value
01.01.08
$5 651
$94 349
2008
$11 000
$11 322
5 329
94 671
2009
11 000
11 361
4 968
95 032
2010
11 000
11 404
4 564
95 436
2011
11 000
11 452
4 112
95 888
2012
11 000
11 507
3 605
96 395
2013
11 000
11 567
3 038
96 962
2014
11 000
11 635
2 403
97 597
2015
11 000
11 712
1 691
98 309
2016
11 000
11 797
894
99 106
2017
11 000
11 894
100 000
Instructions: a) Indicate whether the bonds were issued at a premium or
a discount and how you can determine this fact from the schedule.
b) Indicate whether the amortization schedule is based on the
straight-line method or the effective-interest method, and how you can
determine which method is used.
c) Determine the stated interest rate and the effective-interest rate.
d) On the basis of the schedule above, prepare the journal entry to
record the issuance of the bonds on January 1, 2008.
e) On the basis of the schedule above, prepare the journal entry or
entries to reflect the bond transactions and accruals for 2008. (Interest is
paid January 1.)
f) On the basis of the schedule above, prepare the journal entry or
entries to reflect the bond transactions and accruals for 2015. Capulet
Corporation does not use reversing entries.
**********************************************************
ACG 3113 Week 10 Individual Work
For more classes visit
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Exercise 14-16
Exercise 14-17
Exercise 14-19
Problem 14-9
**********************************************************
ACG 3113 Week 11 Individual Work
For more classes visit
www.snaptutorial.com
Exercise 15-1
Exercise 15-6
Exercise 15-7
Problem 15-2
**********************************************************
ACG 3113 Week 12 Individual Work
For more classes visit
www.snaptutorial.com
Exercise 15-2
Exercise 15-8
Exercise 15-14
Problem 15-1
**********************************************************

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ACG 3113 Massive Success / snaptutorial.com

  • 1. ACG 3113 Week 1 Individual Work For more classes visit www.snaptutorial.com Exercise 8-1 Exercise 8-9 Exercise 8-10 Problem 8-5 ********************************************************** ACG 3113 Week 2 Individual Work For more classes visit www.snaptutorial.com
  • 2. Exercise 9-2 Exercise 9-8 Exercise 9-12 Problem 9-2 ********************************************************** ACG 3113 Week 3 Individual Work For more classes visit www.snaptutorial.com Exercise 10-3: Acquisition costs of trucks, page 568 Exercise 10-23: Analysis of subsequent expenditures, page 575 Exercise 10-24: Entries for disposition of assets, page 575-576 Problem 10-4: Dispositions, page 578-579 **********************************************************
  • 3. ACG 3113 Week 4 Individual Work For more classes visit www.snaptutorial.com Exercise 11-4 Exercise 11-11 Exercise 11-16 Exercise 11-24 Problem 11-2 ********************************************************** ACG 3113 Week 5 Individual Work For more classes visit www.snaptutorial.com
  • 4. Exercise 12-2 Exercise 12-6 Exercise 12-7 Exercise 12-11 Exercise 12-12 ********************************************************** ACG 3113 Week 6 Individual Work For more classes visit www.snaptutorial.com Exercise 12-14: Copyright impairment Exercise 12-15: Goodwill impairment Exercise 12-17: Accounting for R & D costs Problem 12-4: Accounting for R & D costs
  • 5. ********************************************************** ACG 3113 Week 7 Individual Work For more classes visit www.snaptutorial.com Exercise 13-1 Exercise 13-5 Exercise 13-9 Problem 13-4 ********************************************************** ACG 3113 Week 9 Individual Work For more classes visit www.snaptutorial.com
  • 6. E14-1 pg 801 E14-3 pg 801 E14-10 pg 802-803 P14-5 pg 805-806 ********************************************************** ACG 3113 Week 9 Team Work For more classes visit www.snaptutorial.com P14-1 (Analysis of Amortization Schedule and Interest Entries) The following amortization and interest schedule reflects the issuance of 10- year bonds by Capulet Corporation on January 1, 2008, and the subsequent interest payments and charges. The company's year end is December 31, and financial statements are prepared once yearly.
  • 8. 2008 $11 000 $11 322 5 329 94 671 2009 11 000 11 361 4 968 95 032 2010 11 000 11 404 4 564 95 436
  • 9. 2011 11 000 11 452 4 112 95 888 2012 11 000 11 507 3 605 96 395 2013 11 000 11 567 3 038 96 962
  • 10. 2014 11 000 11 635 2 403 97 597 2015 11 000 11 712 1 691 98 309 2016 11 000 11 797 894 99 106
  • 11. 2017 11 000 11 894 100 000 Instructions: a) Indicate whether the bonds were issued at a premium or a discount and how you can determine this fact from the schedule. b) Indicate whether the amortization schedule is based on the straight-line method or the effective-interest method, and how you can determine which method is used. c) Determine the stated interest rate and the effective-interest rate. d) On the basis of the schedule above, prepare the journal entry to record the issuance of the bonds on January 1, 2008.
  • 12. e) On the basis of the schedule above, prepare the journal entry or entries to reflect the bond transactions and accruals for 2008. (Interest is paid January 1.) f) On the basis of the schedule above, prepare the journal entry or entries to reflect the bond transactions and accruals for 2015. Capulet Corporation does not use reversing entries. ********************************************************** ACG 3113 Week 10 Individual Work For more classes visit www.snaptutorial.com Exercise 14-16 Exercise 14-17
  • 13. Exercise 14-19 Problem 14-9 ********************************************************** ACG 3113 Week 11 Individual Work For more classes visit www.snaptutorial.com Exercise 15-1 Exercise 15-6 Exercise 15-7 Problem 15-2 ********************************************************** ACG 3113 Week 12 Individual Work
  • 14. For more classes visit www.snaptutorial.com Exercise 15-2 Exercise 15-8 Exercise 15-14 Problem 15-1 **********************************************************