Basic
| # | Problem | Worksheet | Combined | Description |
|---|---|---|---|---|
| B-12.01 | excel | Contemplating the current liability definition | ||
| B-12.02 | excel | Understanding typical current liabilities | ||
| B-12.03 | excel | Accounting for notes payable | ||
| B-12.04 | excel | Accounting for notes payable issued at a discount | ||
| B-12.05 | excel | Unique features for certain interest calculations | ||
| B-12.06 | excel | Criteria relating to contingent liabilities | ||
| B-12.07 | excel | Warranty obligations | ||
| B-12.08 | excel | Payroll preparation and recording | ||
| B-12.09 | excel | Other employee benefit costs |
Involved
| # | Problem | Worksheet | Combined | Description |
|---|---|---|---|---|
| I-12.01 | excel | Recording and reporting for typical current liabilities | ||
| I-12.02 | excel | Various notes payable transactions | ||
| I-12.03 | excel | Various issues relating to contingencies | ||
| I-12.04 | excel | Payroll records and entries | ||
| I-12.05 | excel | Team-based approach for retirement plans/other post-employment benefits |
Self-Grading
| Problem | Description | |
|---|---|---|
| 1 | excel | Self-Grading Problem |
MyExceLab
| Description | Problem | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Typical Current Liabilities | excel | |||||||||||||||
| Notes Payable Entries | excel | |||||||||||||||
| Discount on Note Payable | excel | |||||||||||||||
| Contingent Liabilities | excel | |||||||||||||||
| Payroll Entries | excel |
The preceding table includes links to “Basic” and “Involved” problems. Each excel link will download the file containing a spreadsheet for the problem and a template worksheet on which you can prepare the solution electronically. 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.
You may not post or redistribute, electronically or otherwise, any solution material. Violation of this policy constitutes a copyright violation.
Alternative problems, with solutions, may be found at our partner website Bookboon. Video solutions to selected problems are available to students enrolling in the online course. The pdf version of the solutions manual also includes links to the video solutions. You can purchase the solutions manual in the bookstore.