Financial Accounting - 4th Edition - by J. David Spiceland, Wayne M Thomas, Don Herrmann - ISBN 9781259307959

Financial Accounting
4th Edition
J. David Spiceland, Wayne M Thomas, Don Herrmann
Publisher: McGraw-Hill Education
ISBN: 9781259307959

Solutions for Financial Accounting

Book Details

Don't you love those moments in your course when students are fully engaged? When the "Aha!" revelations are bursting like fireworks? David Spiceland, Wayne Thomas, and Don Herrmann have developed a unique set of materials based directly on their collective years in the classroom. They've brought together best practices like highlighting Common Mistakes, offering frequent Let's Review exercises, integrating the course with a running Continuing Problem, demonstrating the relevance of the course with real-world companies and decision analysis, and communicating it all in a student-friendly conversational writing style. After the proven success of the first three editions of Financial Accounting, we are confident that the fourth edition will not only motivate,engage, and challenge students - it will illuminate the financial accounting course like never before. There is no access code.

Sample Solutions for this Textbook

We offer sample solutions for Financial Accounting homework problems. See examples below:

Journalize the transactions of RH Expeditions for the month of December. DateAccount Title and...Journalize the transactions of S Car Cleaning for the month of June. DateAccount Title and...November 1 Description: Cash is an asset. There is an increase in the asset. So debit the cash...Journalize the transactions of T Cat Services for the month of December. DateAccount Title and...Journalize the transactions of Company GA for the month of July. DateAccount Title and...Revenue refers to the income received from the business activity or sale of product or services...Explanation: Retained earnings: Retained earnings are the portion of earnings kept by the business...Explanation: Journal: Journal is the method of recording monetary business transactions in...Chapter 3, Problem 3.7APChapter 3, Problem 3.8APChapter 3, Problem 3.9APExplanation: T-account: An account is referred to as a T-account, because the alignment of the...Chapter 3, Problem 3.8BPChapter 3, Problem 3.9BPChapter 3, Problem 3.1APCPExplanation: Occupational fraud: Occupational fraud, refers to the fraud carried out intentionally...Explanation: Journal entry: Journal entry is a set of economic events which can be measured in...Explanation: Journal entry: Journal entry is a set of economic events which can be measured in...Chapter 5, Problem 1RQExplanation: Company BHA, has provided services on account, this increases accounts receivable and...Chapter 5, Problem 5.21EChapter 5, Problem 5.3APExplanation: Note receivable: Note receivable refers to a written promise for the amounts to be...Explanation: On June 10: No entry is required because Person R crashes the hard drive and sends to...Chapter 5, Problem 5.3BPExplanation: Note receivable: Note receivable refers to a written promise for the amounts to be...Chapter 6, Problem 1RQChapter 6, Problem 6.4EChapter 6, Problem 6.5EChapter 6, Problem 6.21EChapter 6, Problem 6.1APExplanation: Specific identification method: Specific identification method is a method in which the...Chapter 6, Problem 6.6APChapter 6, Problem 6.1BPExplanation: Specific identification method: Specific identification method identifies the cost of...Chapter 6, Problem 6.6BPExplanation: Company W uses the telecommunication lines of other company. Though company W paid for...Chapter 7, Problem 7.21EChapter 7, Problem 7.5APChapter 7, Problem 7.9APChapter 7, Problem 7.9BPExplanation: Intangible Assets: These are the long-term assets having no physical existence....Explanation: Rate of return on total assets: Rate of return on the total assets is the ratio of the...Explanation: The essential characteristics of liabilities for purposes of financial reporting are as...Chapter 8, Problem 8.16EExplanation: Cash is an asset and it has increased the value of the asset, so debit it for $...Explanation: Notes payable Notes Payable is a written promise to pay a certain amount on a future...Explanation: Current ratio: Current ratio is used to determine the relationship between current...Explanation: Current ratio: Current ratio is used to determine the relationship between current...Chapter 9, Problem 1RQExplanation: Price of bonds}={Present value of principal+Present value of interest...Explanation: Stated interest rate (9%) is greater than the market interest rate (8%) means, the...Explanation: Stated interest rate (7%) is greater than the market interest rate (6%) means, the...Chapter 9, Problem 9.19EExplanation: Prepare the journal entry to record issuance of bonds payable as on 1st January 2018....Explanation: Prepare the journal entry to record issuance of bonds payable as on 1st January 2018....Explanation: Calculate the issue price of the bonds. Price of bonds}={Present value of...Chapter 10, Problem 1RQExplanation: Stockholders’ Equity Section: It is refers to the section of the balance sheet that...Chapter 10, Problem 10.17EExplanation: Preferred stock: The stock that provides a fixed amount of return (dividend) to its...Chapter 10, Problem 10.6APChapter 10, Problem 10.6BPExplanation: Common stock: These are the ordinary shares that a corporation issues to the investors...Chapter 10, Problem 10.4APCAChapter 11, Problem 1RQExplanation: The net cash provided by operating activities is calculated by deducting all cash...Chapter 11, Problem 11.5BPExplanation: The net cash provided by operating activities is calculated by deducting all cash...Chapter 11, Problem 11.4APCAExplanation: Financial information of a business are analyzed by the analysts, investors, creditors,...Explanation: Receivables turnover ratio: Receivables turnover ratio is mainly used to evaluate the...Explanation: Risk Ratios: Risk ratios are the metrics used to evaluate the liquidity, capabilities,...Explanation: Risk Ratios: Risk ratios are the metrics used to evaluate the liquidity, capabilities,...Explanation: Financial Ratios: Financial ratios are the metrics used to evaluate the liquidity,...Explanation: Risk Ratios: Risk ratios are the metrics used to evaluate the liquidity, capabilities,...Explanation: Risk Ratios: Risk ratios are the metrics used to evaluate the liquidity, capabilities,...Explanation: Interest: Interest is the cost of borrowing money, in other words Interest is the...The reasons for a company to invest in another company are as follows: To receive the dividends,...Explanation: Common stocked purchased: Investments are the assets. Purchase of the common stock...Explanation: Record the Incorporation JI’s investment on January 1. Investment: The act of...Explanation: Common stocked purchased: Investments are the assets. Purchase of the common stock...Explanation: Record the Company TS’s investment on January 1. Investment: The act of allocating...Explanation: Generally Accepted Accounting Principle (GAAP): Generally Accepted Accounting Principle...Explanation: Periodic Inventory System: Periodic inventory system is a system in which the inventory...

More Editions of This Book

Corresponding editions of this textbook are also available below:

Financial Accounting
2nd Edition
ISBN: 9780078110825
Financial Accounting
1st Edition
ISBN: 9780073379333
FINANCIAL ACCOUNTING (LOOSELEAF) (CUSTOM
6th Edition
ISBN: 9781264551675
FINANCIAL ACCOUNTING CONNECT ACCESS CARD
6th Edition
ISBN: 9781264756032
FINANCIAL ACCOUNTING-CONNECT ACCESS CODE
6th Edition
ISBN: 9781266129834
FINANCIAL ACCT CONNECT ACCESS CARD
6th Edition
ISBN: 9781266297144
FINANCIAL ACCT LL W/ CONNECT ACCESS
6th Edition
ISBN: 9781266387173
FINANCIAL ACCT NSU-OK CONNECT ACCESS >C<
6th Edition
ISBN: 9781266797163
FINANCIAL ACCT. (LL) W/CONNECT
6th Edition
ISBN: 9781265801281
FINANCIAL ACCT. NSU-OK LL/W CONNCECT >C<
6th Edition
ISBN: 9781266786372
FINANCIAL ACCT.(LL) >CUSTOM PKG.<
6th Edition
ISBN: 9781266791789
FINANCIAL ACCT.-CONNECT>CUSTOM<
6th Edition
ISBN: 9781266309298
FINANCIAL ACCT(LOOSELEAF)>CUSTOM<-W/CODE
6th Edition
ISBN: 9781266096211
FINANCIAL ACCT.
6th Edition
ISBN: 9781260786521
FINANCIAL ACCT.(LOOSELEAF)
6th Edition
ISBN: 9781264140312
FINANCIAL ACCT.(LL)-W/CONNECT >CUSTOM<
6th Edition
ISBN: 9781264866816
FINANCIAL ACCT.-CONNECT ACCESS
6th Edition
ISBN: 9781264140299
FINANCIAL ACCOUNTING- ACCESS
6th Edition
ISBN: 9781264961924
FINANCIAL ACTG W/ CONNECT ACCESS
6th Edition
ISBN: 9781265506735
EBK FINANCIAL ACCT.
6th Edition
ISBN: 9781264140336
NWFSC FINANCIAL ACCOUNTING W/CONNECT+
6th Edition
ISBN: 9781264661008
FINANCIAL ACCOUNTING (LOOSELEAF) + CONNE
6th Edition
ISBN: 9781265868581
FINANCIAL ACCOUNTING EBK ACCESS
6th Edition
ISBN: 9781264206643
FINANCIAL ACCT.(LOOSELEAF)-W/CONNECT
6th Edition
ISBN: 9781265889715
FINANCIAL ACCOUNTING CONNECT ACCESS CARD
6th Edition
ISBN: 9781265214128
FINANCIAL ACCOUNTING LL W/ CONNECT
6th Edition
ISBN: 9781265211394
AC FINANCIAL ACCOUNTING
6th Edition
ISBN: 9781266824654
FINANCIAL ACCOUNTING
6th Edition
ISBN: 9781265239435
FINANCIAL ACCOUNTINGLL W/CONNECT >IC<
4th Edition
ISBN: 9781259934773
Financial Accounting
3rd Edition
ISBN: 9780078025549
Financial accounting
3rd Edition
ISBN: 9780077506902
FINANCIAL ACCOUNTING- LL W CONNECT PKG
5th Edition
ISBN: 9781260844405
Financial Accounting Connect Access Card
5th Edition
ISBN: 9781260159622
FINANCIAL ACCOUNTING
5th Edition
ISBN: 9781260847826
FIANACIAL ACCOUNTING
5th Edition
ISBN: 9781266704444
Financial Accounting (Connect NOT Included)
4th Edition
ISBN: 9781259930492
FIN ACC W/ CONNECT & PROCTORIO >BI<
5th Edition
ISBN: 9781264523405
FINANCIAL ACCOUNTING
5th Edition
ISBN: 9781266401879
Financial Accounting
5th Edition
ISBN: 9781259914898
FINANCIAL ACCT(LOOSELEAF)>CUSTOM<-W/COD
5th Edition
ISBN: 9781260829228

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