Chapter 13

• Accounting for warranties (assurance-type and service-type)
• Understand the criteria for reporting gain and loss contingencies
• Analyzing current liabilities and company liquidity
• Presentation of current liabilities and refinancing of short-term debt
• Understand how a company accounts for payroll deductions

Chapter 14

• Accounting for bonds and notes payable (including how to determine a premium or

discount, how to record journal entries over the life of a bond/note, and how to use the

effective interest method)

• Understand how to use present value tables to record the issuance of bonds and notes

payable

• Understand the differences between interest-bearing notes and non-interest-bearing notes
• Fair value measurement of long-term liabilities
• Redemption of bonds before maturity date

Chapter 20

• Know the five main components of pension expense and how each is calculated
• Pension plan reporting on the financial statements
• Understand the differences between defined contribution plans and defined benefit plans
• Know how to use a pension worksheet and how to make the annual pension expense

journal entry

• Amortization of prior service costs and the years-of-service method
• Amortization of accumulated OCI-Gain/Loss

SAMPLE ASSIGNMENT

Sample-2