CHAPTER3AdjustingtheAccountsASSIGNMENTCLASSIFICATIONTABLEBriefABStudyObjectivesQuestionsExercisesExercisesProblemsProblems*1
Explainthetimeperiodassumption
Explaintheaccrualbasis3,4,51,6ofaccounting
Explainwhyadjusting1,6,71entriesareneeded
Identifythemajortypes8,9,10,182,82,7ofadjustingentries
Prepareadjustingentriesforprepayments
8,9,10,11,12,13,3,4,5,62,3,4,5,6,7,8,9,1A,2A,3A,1B,2B,3B,18,19,20114A,5A,6A4B,5B*6
Prepareadjustingentriesforaccruals
8,14,15,16,17,18,72,3,4,5,6,7,8,9,1A,2A,3A,1B,2B,3B,19,20114A,5A,6A4B,5B*7
Describethenatureand219,103,4,5,6,1A,2A,1B,2B,purposeofanadjustedtrialbalance
7,8,9,103A,5A,6A3B,5B*8
Prepareadjustingentries2211126Aforthealternativetreatmentofprepayments
*Note:AllasteriskedQuestions,Exercises,andProblemsrelatetomaterialcontainedintheappen