• Kế toán tài chính 2 - Chapter 16: Accounting for compensationKế toán tài chính 2 - Chapter 16: Accounting for compensation

    Plan amendments often increase benefits for service provided in prior years. The cost (prior service cost) of providing these retroactive benefits is allocated to pension expense over the remaining service-years of the affected employees.

    ppt55 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 0 | Lượt tải: 0

  • Kế toán tài chính 2 - Chapter 15: Accounting for income taxesKế toán tài chính 2 - Chapter 15: Accounting for income taxes

    Exercise: South Carolina Corporation has one temporary difference at the end of 2007 that will reverse and cause taxable amounts of $55,000 in 2008, $60,000 in 2009, and $65,000 in 2010. South Carolina’s pretax financial income for 2007 is $300,000, and the tax rate is 30% for all years. There are no deferred taxes at the beginning of 2007. Instru...

    ppt42 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 0 | Lượt tải: 0

  • Kế toán tài chính 2 - Chapter 14: InvestmentsKế toán tài chính 2 - Chapter 14: Investments

    Exercise: (Held-to-Maturity Securities) On January 1, 2006, Hi and Lois Company purchased 12% bonds, having a maturity value of $300,000, for $322,744. The bonds provide the bondholders with a 10% yield. They are dated January 1, 2006, and mature January 1, 2011, with interest receivable December 31 of each year. Hi and Lois Company uses the effect...

    ppt45 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 0 | Lượt tải: 0

  • Kế toán tài chính 2 - Chapter 13: Stockholders’ equityKế toán tài chính 2 - Chapter 13: Stockholders’ equity

    Illustration: UC Company originally issued 15,000 shares of $1 par, common stock for $25 per share. Record the journal entry for the following transaction: June 1st Sold 500 shares of its treasury stock for $30 per share. Cash (500 x $30) 15,000 Treasury Stock (500 x $28) 14,000 Paid-in Capital Treasury Stock 1,000

    ppt55 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 0 | Lượt tải: 0

  • Kế toán tài chính 2 - Chapter 12: Accounting for liabilitiesKế toán tài chính 2 - Chapter 12: Accounting for liabilities

    Notes Payable Written promises to pay a certain sum of money on a specified future date. Arise from purchases, financing, or other transactions. Notes classified as short-term or long-term. Notes may be interest-bearing or zero-interest-bearing.

    ppt58 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 0 | Lượt tải: 0

  • Kế toán tài chính 2 - Chapter 11: Intangible assetsKế toán tài chính 2 - Chapter 11: Intangible assets

    Amortization of Intangibles Limited-Life Intangibles: Amortize to expense. Credit asset account or accumulated Indefinite-Life Intangibles: No foreseeable limit on time the asset is expected to provide cash flows. No amortization.

    ppt46 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 0 | Lượt tải: 0

  • Kế toán tài chính 2 - Chapter 10: Accounting for property, plant, and equipmentKế toán tài chính 2 - Chapter 10: Accounting for property, plant, and equipment

    In general, costs incurred to achieve greater future benefits should be capitalized, whereas expenditures that simply maintain a given level of services should be expensed. To capitalize costs, one of three conditions must be present: Useful life of the asset must be increased. Quantity of units produced from asset must be increased. Quality o...

    ppt62 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 0 | Lượt tải: 0

  • Kế toán tài chính 2 - Chapter 9: Arcounting for inventoriesKế toán tài chính 2 - Chapter 9: Arcounting for inventories

    Many companies use LIFO for tax and external financial reporting purposes FIFO, average cost, or standard cost system for internal reporting purposes. Reasons: Pricing decisions Record keeping easier Profit-sharing or bonus arrangements LIFO troublesome for interim periods

    ppt58 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 0 | Lượt tải: 0

  • Kế toán tài chính 2 - Chapter 8: Cash and receivablesKế toán tài chính 2 - Chapter 8: Cash and receivables

    Example Data Credit sales $500,000 Estimated % of credit sales not collected 1.25% Accounts receivable balance $72,500 Estimated % of A/R not collected 8% Allowance for Doubtful Accounts: Case I $150 (credit balance) Case 2 $150 (debit balance)

    ppt62 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 0 | Lượt tải: 0

  • Kế toán, kiểm toán - Chapter 7: Revenue recognitionKế toán, kiểm toán - Chapter 7: Revenue recognition

    Companies recognize revenue and gross profit only at point of sale—that is, when the contract is completed. Under this method, companies accumulate costs of long-term contracts in process, but they make no interim charges or credits to income statement accounts for revenues, costs, or gross profit.

    ppt42 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 0 | Lượt tải: 0