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Chapter 12 -- Comprehensive Problem Set
Current Liabilities and Employer Obligations
Back to Chapter 12

The following table includes links to "Basic" and "Involved" problems based on Chapter 12.  Each "Excel" icon ( ) link will download the file containing a spreadsheet for the problem and a template worksheet on which you can prepare the solution electronically.  In the alternative, the pdf (   ) icons will download the "problem" and a preprinted "worksheet" that you can easily print.  The pdfs facilitate preparation of handwritten solutions.

Electronic spreadsheets are very useful accounting tools.  If you see a light bulb icon    on a worksheet, just mouse over above the icon and a comment box will appear.  The comments include useful suggestions for improving your spreadsheet skills.

Solutions to these problems may be obtained from your instructor, however you may not post or redistribute, electronically or otherwise, any such solution material.  Solution material may be provided to you for your sole use only, at the discretion of your individual instructor.  Violation of this policy constitutes a copyright violation.  Because different instructors have different philosophies and policies regarding access to solutions, I am not able to provide access to solutions for individual students; you must work through your instructor.  Your instructor may contact me by email and I will gladly grant the necessary authorization and access.  Thank you.

 

 

LINKS

OBJECTIVE

    EXCEL PROBLEM WORKSHEET  

Basic

B-12.01

Contemplating the current liability definition
 

B-12.02

Understanding typical current liabilities
 

B-12.03

Accounting for notes payable
 

B-12.04

Accounting for notes payable issued at a discount
 

B-12.05

Unique features for certain interest calculations
 

B-12.06

Criteria relating to contingent liabilities
 

B-12.07

Warranty obligations
 

B-12.08

Payroll preparation and recording
 

B-12.09

Other employee benefit costs
           

Involved

I-12.01

Recording and reporting for typical current liabilities

 

I-12.02

Various notes payable transactions

 

I-12.03

Various issues relating to contingencies

 

I-12.04

Payroll records and entries

 

I-12.05

Team-based approach for retirement plans/other post-employment benefits