Problem 1: Prepare a schedule of cash payments for partnership liquidation
Problem 2: Prepare journal entries for bond issuance and first interest payment with amortization of discount/premium
Problem 3: Prepare operating section of Statement of Cash Flows using indirect method
Problem 4: Prepare journal entries for transactions under equity method of accounting
Problem 5: Prepare Income Statement including intra-period tax allocation for irregular items
PLEASE HELP ME UNDERSTAND THESE:
- Depreciation terminology
- Calculate Depreciation
- Calculate interest expense on note
- Payroll taxes versus employee withholdings
- Advantages/disadvantages of partnerships
- Steps in partnership liquidation
- Issue stock to acquire non-cash asset
- Stock terminology
- Journal entry for stock dividend
- Calculate Earnings Per Share (EPS)
- Bond terminology
- Bond terminology
- Bond prices versus interest rates
- Valuation of short term investments
- Methods of accounting for stock investments
- Meaning of statement of Cash Flows activities
- Classify items into activities
- Calculate cash received from customers
- Ratio
- Extraordinary item