Accounting. Revenue Recognition Assignment

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CHAPTER 18 Revenue Recognition ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC) | | |Brief | | | Concepts | |Topics |Questions |Exercises |Exercises |Problems |for Analysis | |*1. Realization and recognition; sales |1, 2, 3, 4, |1, 2, 3, |1, 2, 3, 4, |1 |1, 2, 3, 4, | |transactions; high rates of return. |5, 6, 7, 8, |4, 6 |5, 6, 7, 8, | |5, 7, 8, 9 | |…show more content…
Identify the proper accounting for losses |11 |18 |5, 6, 7, 15 | |on long-term contracts. | | | | |6. Describe the installment-sales method |12, 13, 14 |19, 20, 21, 22, 23, 24, |1, 8, 9, 10, 11, 12, 13,| |of accounting. | |25, 26 |14 | |7. Explain the cost-recovery method |15 |23, 24 | | |of accounting. | | | | |*8. Explain revenue recognition for franchises. |16 |27, 28 | | ASSIGNMENT CHARACTERISTICS TABLE | | | |Level of |Time | |Item | |Description |Difficulty |(minutes) | | E18-1 |
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