TAILIEUCHUNG - Ebook Intermediate accounting (11th edition): Part 2

(BQ) Part 2 book "Intermediate accounting" has contents: Current liabilities and contingencies, contributed capital, earnings per share and retained earnings, accounting for income taxes, accounting for leases , accounting for postemployment benefits,.and other contents. | P A R T Financial Reporting: Valuation of Liabilities and Investments Chapter 13 Current Liabilities and Contingencies Chapter 14 Long-Term Liabilities and Receivables Chapter 15 Investments 3 13 598 Chapter 13 • Current Liabilities and Contingencies Current Liabilities and Contingencies Paul Sakuma/AP Photos C H A P T E R After reading this chapter, you will be able to: OBJECTIVES 1 Explain the characteristics of a liability. 2 Define current liabilities. 3 Account for compensated absences. 4 Understand and record payroll taxes and deductions. 5 Record property taxes. 6 Account for warranty costs. 7 Explain the terms “probable,” “reasonably possible,” and “remote” related to contingencies. 8 Record and report a loss contingency. 9 Disclose a gain contingency. Number One Head All I Want for Christmas What do you get the person who has everything? For more and more consumers, the answer to this question is a gift card. According to a survey conducted by the National Retail Federation, of all shoppers said that they will purchase two or more gift cards during the holiday season. Additionally, the average consumer will spend around $ per card for a total of $ billion spent on gift cards during the holiday season. This would make gift cards one of the most popular gifts of the holiday season. The advantages to shoppers are obvious. When you don’t know what to get that special someone or you don’t want to ship a present across the country to a friend or relative, a gift card can be a convenient solution. What does this increase in gift card sales mean for retailers? First, gift cards may have significant benefits for the bottom line. The gift card actually acts like a minimum purchase agreement. Furthermore, research shows that when gift cards are redeemed, as many as 60% of consumers will spend considerably more than the card’s face value. Second, gift card advocates claim benefits in the form of reduced returns, lower processing, and .

• Kế toán - Kiểm toán
• Intermediate accounting
• Current liabilities
• Contributed capital
• Earnings per share
• Retained earnings
• Accounting for income taxes
• Postemployment benefits
• Lecture Intermediate accounting
• Financial Accounting
• Accounting process
• Accounting equation
• Accounting processing cycle
• Stock issuance
• Estimating reserves
• Liquidating dividends
• Accounting changes
• Error corrections
• Accounting choices
• Theoretical structure
• Accrual accounting
• Financial accounting environment
• Accounting for leases
• Leasing environment
• Accounting by lessee
• Special accounting problems
• Cash versus accrual accounting
• International standard setting
• Accounting standards
• Accounting assists
• The challenges facing accounting
• Income taxes
• Deferred tax liabilities
• Error analysis
• Accounting policy
• Accounting estimate
• Accounting policies
• Financial reporting
• Accounting information system
• Measurement issues
• Characteristics of accounting
• Capital allocation process