This exercise book is the third of four exercise books that correspond directly with the Accounting Cycle textbook.

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About the author

Larry M. Walther, Ph.D., CPA, CMA, is the Ernst & Young Professor and Head of the School of Accountancy at Utah State University. Dr. Walther has authored numerous accounting textbooks and articles, and has served as director and/or consultant to a number to a number of public and nonpublic companies...

Larry M. Walther, Ph.D., CPA, CMA, is the Ernst & Young Professor and Head of the School of Accountancy at Utah State University. Dr. Walther has authored numerous accounting textbooks and articles, and has served as director and/or consultant to a number to a number of public and nonpublic compa...

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Description

Content

This exercise book is the third of four exercise books that correspond directly with the Accounting Cycle textbook. The exercises relate specifically to Part 3 of the Accounting Cycle textbook. The exercises in this book center around income measurement, the basic elements of revenue and expense recognition, the process of recording adjusting entries, preparation of an adjusted trial balance, and the concept of accrual versus cash basis accounting.

- Problem 1
- Worksheet 1
- Solution 1

- Problem 2
- Worksheet 2
- Solution 2

- Problem 3
- Worksheet 3
- Solution 3

- Problem 4
- Worksheet 4
- Solution 4

- Problem 5
- Worksheet 5
- Solution 5

- Problem 6
- Worksheet 6
- Solution 6

- Problem 7
- Worksheet 7
- Solution 7

- Problem 8
- Worksheet 8
- Solution 8

- Problem 1
- Worksheet 1
- Solution 1

- Problem 2
- Worksheet 2
- Solution 2

- Problem 3
- Worksheet 3
- Solution 3

- Problem 4
- Worksheet 4
- Solution 4

- Problem 5
- Worksheet 5
- Solution 5

- Problem 6
- Worksheet 6
- Solution 6

- Problem 7
- Worksheet 7
- Solution 7

- Problem 8
- Worksheet 8
- Solution 8