100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached 4.2 TrustPilot
logo-home
Exam (elaborations)

Financial Accounting 11th Edition by Robert Libby & Patricia Libby – Complete Solution Manual for Chapters 1–13 (Verified Newest Version)

Rating
-
Sold
1
Pages
712
Grade
A+
Uploaded on
09-09-2025
Written in
2025/2026

Financial Accounting 11th Edition by Robert Libby & Patricia Libby – Complete Solution Manual for Chapters 1–13 (Verified Newest Version) This solution manual provides fully worked-out answers and explanations for all end-of-chapter problems from Financial Accounting 11th Edition by Robert Libby and Patricia Libby. It includes complete coverage of Chapters 1 through 13, offering step-by-step solutions to exercises, problems, and cases. This resource is ideal for studying, verifying homework, and preparing for exams with accurate and reliable solutions.

Show more Read less
Institution
Financial Accounting
Course
Financial Accounting











Whoops! We can’t load your doc right now. Try again or contact support.

Connected book

Written for

Institution
Financial Accounting
Course
Financial Accounting

Document information

Uploaded on
September 9, 2025
Number of pages
712
Written in
2025/2026
Type
Exam (elaborations)
Contains
Questions & answers

Subjects

Content preview

0123241356744892:12;6<<:=6>?1:1826@8ABC:6D1AAEF6
G3:C14136D1AAEF60C32H6I8?;B6
6
6
J=3K:BC6<6
0123241356L:3:BMB2:N632?6O9N12BNN6PB41N182N6
7QLR>@L6ST6UV>LSWTQL66
X
YZX[\\]^_à_bXacXdXcecf̀gX̀hdX̀\]iif\c̀Xd_jXkl]\fccfcXmd_dienfcoXgfdc^lfcoXd_jX
lf\]ljcpXqa_d_\adiXa_q]lgdà]_Xdr]^X̀d_X]lbd_andà]_Xd_jXlfk]lc̀X̀hdX̀a_q]lgdà]_X̀]X
jf\aca]_XgdsflcZXXX
X
tZXua_d_\adiXd\\]^_à_bXa_v]ivfcXklfkdldà]_X]qX̀hfXq]^lXrdca\Xqa_d_\adiXc`df̀gf_c̀Xd_jX
lfidf̀jXjac\i]c^lfcXq]lXfwf̀l_diXjf\aca]_XgdsflcZXXxd_dbfladiXd\\]^_à_bXa_v]ivfcX
h̀fXklfkdldà]_X]qXjfd̀aifjXkid_coXr^jbfc̀oXq]lf\dcc̀oXd_jXkflq]lgd_\fXlfk]lc̀Xq]lX
a_f̀l_diXjf\aca]_XgdsflcZXXX
X
yZXua_d_\adiXlfk]lc̀XdlfX^cfjXreXr]h̀Xa_f̀l_diXd_jXfwf̀l_diXbl]^kcXd_jXa_javaj^dicZXzhfX
a_f̀l_diXbl]^kcXdlfX\]gklacfjX]qX̀hfXvdla]^cXgd_dbflcX]qX̀hfXf_àèZXzhfXfwf̀l_diX
bl]^kcXa_\i^jfX̀hfX]{_flcoXa_vfc`]lcoX\lfjà]lcoXb]vfl_gf_d̀iXdbf_\afcoX]h̀flX
a_f̀lfcf̀jXkdlàfcoXd_jX̀hfXk^ria\XdX̀idlbfZX
X
|ZX}_vfc`]lcXk^l\hdcfXdiiX]lXkdlX̀]qXdXr^ca_fccXd_jXh]kfX̀]Xbda_XreXlf\fava_bXkdlX̀]qX
{hdX̀h̀fX\]gkd_eXfdl_cXd_j~]lXcfiia_bXh̀falX]{_flchakXa_f̀lfcX̀a_X̀hfX\]gkd_eXa_X
h̀fXq^`^lfXdX̀dXhabhflXkla\fX̀hd_X̀hfeXkdajZXXlfjà]lcXif_jXg]_feX̀]XdX\]gkd_eXq]lX
dXckf\aqa\Xif_bh̀X]qX̀agfXd_jXh]kfX̀]Xbda_XreX\hdlba_bXa_f̀lfcX̀]_X̀hfXi]d_ZXXX
X



01232413574489212   







!"#$%$%&%'()%*)'+#),)'$#-+#),#")+##"%*)##%,),$%,#).





/

,+,-./-0-12345678-5039-2:;0/4<0642/-30/-=5->5?4/5>-01-0-15@0:065-0332A/64/;-5/6467,-B/-
0332A/64/;-5/6467-41-695-2:;0/4<0642/-?2:-C9439-?4/0/340D->060-0:5-62-=5-32DD5365>,-
E7@430D-0332A/64/;-5/646451-0:5-0-=A14/5118-0-39A:398-0-;2F5:/G5/60D-A/468-0-
A/4F5:1467-0/>-2695:-/2/@:2?46-2:;0/4<0642/1-1A39-01-0-921@460D-0/>-0-C5D?0:5-
2:;0/4<0642/,-B-=A14/511-67@430DD7-41->5?4/5>-0/>-6:5065>-01-0-15@0:065-5/6467-
=530A15-695-2C/5:18-3:5>462:18-4/F5162:18-0/>-2695:-4/65:5165>-@0:6451-/55>-62-
5F0DA065-461-@5:?2:G0/35-0/>-461-@265/640D-15@0:065D7-?:2G-2695:-5/646451-0/>-?:2G-461-
2C/5:1,-
-
H,-- IJKLMNOMPQJQLKLRQMM M STQLURJQVWLMXVQTL-
- - Y0Z--./32G5-[6065G5/6- Y0Z-[6065G5/6-2?-\0:/4/;1]-[6065G5/6-2?--
- -- - - ./32G5]-[6065G5/6-2?-^@5:0642/1-
- - Y=Z-_0D0/35-[9556- Y=Z-[6065G5/6-2?-̀4/0/340D-a214642/-
- - Y3Z-b019-̀D2C-[6065G5/6-- Y3Z-[6065G5/6-2?-b019-̀D2C1-
-
c,-E95-950>4/;-2?-5039-2?-695-?2A:-:5dA4:5>-?4/0/340D-16065G5/61-192AD>-4/3DA>5-695-
?2DD2C4/;e-
- Y0Z--f0G5-2?-695-5/6467-
- Y=Z--f0G5-2?-695-16065G5/6-
- Y3Z--g065-2?-695-16065G5/68-2:-695-@5:42>-2?-64G5-
- Y>Z--h/46-2?-G501A:5-
-
i,-Y0Z-E95-@A:@215-2?-695-4/32G5-16065G5/6-41-62-@:515/6-4/?2:G0642/-0=2A6-695-
:5F5/A518-5j@5/1518-0/>-695-/56-4/32G5-2?-0/-5/6467-?2:-0-1@534?45>-@5:42>-2?-
64G5,-
- Y=Z-E95-@A:@215-2?-695-=0D0/35-19556-41-62-:5@2:6-695-?4/0/340D-@214642/-2?-0/-5/6467-
06-0-;4F5/->0658-6906-418-62-:5@2:6-4/?2:G0642/-0=2A6-695-0115618-D40=4D46451-0/>-
klmnopmqrstkuvswxylzvm{vlpsvs|lylzv}kvm{v}vk~sny{ynvr}ls-
- Y3Z- E95-@A:@215-2?-695-16065G5/6-2?-3019-?D2C1-41-62-@:515/6-4/?2:G0642/-0=2A6-695-
?D2C-2?-3019-4/62-695-5/6467-Y12A:351Z8-695-?D2C-2?-3019-2A6-2?-695-5/6467-YA151Z8-
0/>-695-/56-4/3:5015-2:->53:5015-4/-3019->A:4/;-695-@5:42>,-
- Y>Z-E95-16065G5/6-2?-klmnopmqrstkuvswxylzv:5@2:61-695-390/;51-4/-5039-2?-695-
nm€~}|zukvklmnopmqrstkuvswxylzv}nnmx|lkvrxty|v695-0332A/64/;-@5:42>8-
4/3DA>4/;-411A5-0/>-:5@A:39015-2?-1623‚-0/>-695-C07-6906-/56-4/32G5-0/>-
>416:4=A642/-2?->4F4>5/>1-0??5365>-695-:5604/5>-50:/4/;1-2?-695-32G@0/7->A:4/;-
6906-@5:42>,-
- - -
ƒ,-„psvy|nm€svkl}ls€s|lv}|rvlpsvkl}ls€s|lvm{vn}kpv{qm kv}tsvr}lsrv†‡mtvlpsvˆs}tv
‰|rsrvŠsns€‹stvŒŽv‹sn}xksvlpszvts~mtlvlpsvy|{qm kv}|rvmxl{qm kvm{vtskmxtnskv
rxty|v}v~stymrvm{vly€sv|vnm|lt}klvlpsv‹}q}|nsvkpsslvykvr}lsrv†‘lvŠsns€‹stvŒŽv
=530A15-46-:5@:515/61-695-:512A:3518-2=D4;0642/18-}|rvklmnopmqrstkuvswxylzv}lv}v
1@534?43->065,-
-

01
0


!"#$%$"&
$'$"
(&
$'

$&


%$

'$''
$) 34567849 96 5
*

,123456678649:74;<=>:89?848>4@:7A;8>:649?A4;?B768>:64C7@9D6749667864=:>B;A7494C96;64E>:4
FDAG;?G4HI78I7:46DEE;@;7?84:76>D:@7649:749B9;J9CJ748>4>=7:98748I74@><=9?K3445667864
9:749J6>4;<=>:89?84C7@9D6748I7K4@>DJA4C746>JA4E>:4@96I4;?48I747B7?848I74@><=9?K4
G>764>D84>E4CD6;?76634L;9C;J;8;7649:74;<=>:89?848>4@:7A;8>:649?A4;?B768>:64C7@9D674
8I74@><=9?K4<D684C749CJ748>4G7?7:98746DEE;@;7?84@96I4E:><4>=7:98;>?64>:4ED:8I7:4
C>::>H;?G48>4<77848I74=9K<7?864:7MD;:7A4CK4A7C849G:77<7?86344NE494CD6;?7664A>764
?>84=9K4;864@:7A;8>:6O48I74J9H4<9K4G;B748I74@:7A;8>:648I74:;GI848>4E>:@748I7469J74>E4
96678646DEE;@;7?848>4<77848I7;:4@J9;<634
4
1134P784;?@><74;648I747Q@7664>E48>89J4:7B7?D764>B7:48>89J47Q=7?67634P784J>664;648I74
7Q@7664>E48>89J47Q=7?6764>B7:48>89J4:7B7?D7634
4
1R34SI747MD98;>?4E>:48I74;?@><7468987<7?84;64T7B7?D764U4VQ=7?6764W4P784N?@><74X>:4
P784L>664;E48I749<>D?84;64?7G98;B7Y34SID6O48I748I:774<9F>:4;87<64:7=>:87A4>?48I74
;?@><7468987<7?849:74X1Y4:7B7?D76O4XRY47Q=7?676O49?A4XZY4?784;?@><734
1Z34SI747MD98;>?4E>:48I74C9J9?@746I7784X9J6>4[?>H?49648I74C96;@49@@>D?8;?G47MD98;>?Y4
\]^_`]]ab]_c_d\ef\g\b\a]_h_ibjklmjgnao]p_qrs\btu_`]]ab]_eoa_bma_vojfefga_waxvakbany_
ED8D:747@>?><;@4C7?7E;864>H?7A4CK48I747?8;8K496494:76DJ84>E4=96848:9?69@8;>?6344SI7K4
9:748I74:76>D:@764>H?7A4CK48I74CD6;?766498494G;B7?4=>;?84;?48;<746D@I4964@96IO4
:7@7;B9CJ76O4;?B7?8>:KO4<9@I;?7:KO4CD;JA;?G6O4J9?AO49?A4=987?8634L;9C;J;8;7649:74
=:>C9CJ74X7Q=7@87AY4A7C864>:4>CJ;G98;>?64>E48I747?8;8K496494:76DJ84>E4=9684
8:9?69@8;>?648I984H;JJ4C74=9;A4H;8I49667864>:467:B;@764;?48I74ED8D:734SI7K49:748I74
>CJ;G98;>?64>E48I747?8;8K46D@I49649@@>D?864=9K9CJ7O4?>8764=9K9CJ7O49?A4C>?A64
vetefgau_ibjklmjgnao]p_ars\bt_\]_z\{e{k\{|_voj}\nan_ft_j~{ao]_jz_bI74CD6;?76649?A4
>=7:98;>?634N84;648I74@J9;<4>E48I74>H?7:648>48I749667864>E48I74CD6;?76649E87:48I74
koan\bjo]p4@J9;<64I9B74C77?4698;6E;7A34N84<9K4C748I>DGI84>E49648I74:76;AD9J4;?87:7684
C7@9D674;84:7=:767?8649667864<;?D64J;9C;J;8;7634
4
134SI747MD98;>?4E>:48I7468987<7?84>E4@96I4EJ>H64;6€496I4EJ>H64E:><4>=7:98;?G49@8;B;8;764
‚496I4EJ>H64E:><4;?B768;?G49@8;B;8;764‚496I4EJ>H64E:><4E;?9?@;?G49@8;B;8;764W4
I9?G74;?4@96I4E>:48I74=7:;>A34SI74?784@96I4EJ>H64E>:48I74=7:;>A4:7=:767?848I74
;?@:79674>:4A7@:79674;?4@96I48I984>@@D::7A4AD:;?G48I74=7:;>A34496I4EJ>H64E:><4
>=7:98;?G49@8;B;8;7649:74@96I4EJ>H64A;:7@8JK4:7J987A48>479:?;?G4;?@><74X?>:<9J4
CD6;?76649@8;B;8K4;?@JDA;?G4;?87:7684=9;A49?A4;?@><7489Q764=9;AY3496I4EJ>H64E:><4
;?B768;?G49@8;B;8;764;?@JDA74@96I4EJ>H648I9849:74:7J987A48>48I749@MD;6;8;>?4>:469J74>E4
=:>AD@8;B749667864D67A4CK48I74@><=9?K3496I4EJ>H64E:><4E;?9?@;?G49@8;B;8;7649:74
A;:7@8JK4:7J987A48>48I74E;?9?@;?G4>E48I747?87:=:;674;867JE344
4
1ƒ34SI74:789;?7A479:?;?G647MD98;>?4;6€4„7G;??;?G4T789;?7A4V9:?;?G64‚44P784N?@><74U4
;B;A7?A64W4V?A;?G4T789;?7A4V9:?;?G634N84C7G;?64H;8I4C7G;??;?GU>EU8I7UK79:4
†abe\{an_qeo{\{|]_~m\km_\]_bma_vo\jo_taeop]_a{n\{|_oabe\{an_aeo{\{|]_oavjoban_j{_
8I74C9J9?@746I778344SI74@D::7?84K79:‡64P784N?@><7ˆ:7=>:87A4>?48I74;?@><74
68987<7?84;649AA7A49?A48I74@D::7?84K79:‡64;B;A7?A649:746DC8:9@87A4E:><48I;64
9<>D?834SI747?A;?G4T789;?7A4V9:?;?G649<>D?84;64:7=>:87A4>?48I747?AU>EU=7:;>A4
C9J9?@746I77834
4
01232413574489212   





!


"#$%&%&'&()*&+*(,$
*-*(
%$
.,$
*-
$#*,$$#&+
*
$$&-*-%&-$*/





0

, ,-./012345678/9171842:/17;/<24;65/9171842:/=:4/<=:5>942:?/@6717<61A/:51549475:/5>/
;4<6;4/BC45C42/5>/4D547;/5C49/<24;65/@>2/5C462/E=2<C1:4:./F=2<C1:678/9171842:/
=:4/E>547561A/:=EEA642:?/@6717<61A/:51549475:/5>/G=;84/BC45C42/5C4/:=EEA642:/C1H4/5C4/
24:>=2<4:/74<4::12I/5>/9445/<=22475/17;/@=5=24/;4917;./J=917/24:>=2<4/
9171842:/=:4/@6717<61A/:51549475:/1:/1/K1:6:/@>2/<>7521<5/748>56156>7:L/5>/
;45429674/BC15/E1I/2154:/5C4/<>9E17I/<17/1@@>2;.//MC4/745/67<>94/@68=24/4H47/
:42H4:/1:/1/K1:6:/5>/E1I/K>7=:4:/7>5/>7AI/5>/9171849475L/K=5/5>/>5C42/49EA>I44:/
5C2>=8C/E2>@65/:C12678/EA17:./
/
,N./MC4/O4<=26564:/17;/PD<C1784/Q>996::6>7/ROPQS/6:/5C4/T.O./8>H4279475/1847<I/
BC6<C/;45429674:/5C4/@6717<61A/:51549475:/5C15/E=KA6</<>9E1764:/9=:5/E2>H6;4/5>/
:5><3C>A;42:/17;/5C4/941:=249475/2=A4:/=:4;/67/E2>;=<678/5C>:4/:51549475:./MC4/
U6717<61A/V<<>=75678/O517;12;:/W>12;/RUVOWS/6:/5C4/E26H154/:4<5>2/K>;I/86H47/5C4/
E26912I/24:E>7:6K6A65I/5>/B>23/>=5/5C4/;4516A4;/2=A4:/BC6<C/K4<>94/847421AAI/
1<<4E54;/1<<>=75678/E267<6EA4:.///
,X./0171849475/6:/24:E>7:6KA4/@>2/E24E12678/5C4/@6717<61A/:51549475:/17;/>5C42/
67@>29156>7/<>751674;/67/5C4/177=1A/24E>25/17;/@>2/5C4/916754717<4/>@/1/:I:549/>@/
6754271A/1<<>=75678/E>A6<64:L/E2><4;=24:/17;/<>752>A:./MC4:4/941:=24:/124/
67547;4;/5>/E2>H6;4/241:>71KA4/1::=217<4L/15/1EE2>E26154/<>:5L/5C15/5217:1<56>7:/124/
E2><4::4;/67/1<<>2;17<4/B65C/<>9E17I/1=5C>26Y156>7/1:/B4AA/1:/E2>E42AI/24<>2;4;/
17;/24E>254;/67/5C4/@6717<61A/:51549475:L/17;/5C15/1::45:/124/1;4Z=154AI/
:1@48=12;4;.//[7;4E47;475/1=;65>2:/4D19674/5C4/@6717<61A/24E>25:/RE24E124;/KI/
9171849475S/17;/5C4/=7;42AI678/24<>2;:/5>/1::=24/5C15/5C4/24E>25:/24E24:475/BC15/
5C4I/<A169/17;/<>7@>29/B65C/847421AAI/1<<4E54;/1<<>=75678/E267<6EA4:/R\VVFS.//
/
,]./V/:>A4/E2>E2645>2:C6E/6:/17/=767<>2E>2154;/K=:674::/>B74;/KI/>74/67;6H6;=1A./V/
E125742:C6E/6:/17/=767<>2E>2154;/1::><6156>7/>@/5B>/>2/9>24/67;6H6;=1A:/5>/<122I/>7/1/
K=:674::./V/<>2E>2156>7/6:/1/K=:674::/5C15/6:/>28176Y4;/=7;42/5C4/A1B:/>@/1/
E1256<=A12/:5154/BC424KI/1/<C12542/6:/821754;/17;/5C4/47565I/6:/1=5C>26Y4;/5>/6::=4/
:C124:/>@/:5><3/1:/4H6;47<4/>@/>B742:C6E/KI/5C4/>B742:/R6.4.L/:5><3C>A;42:S./
/
^_./V/QFV/@629/7>291AAI/247;42:/5C244/:42H6<4:/̀1=;65678L/9171849475/1;H6:>2I/
:42H6<4:L/17;/51D/:42H6<4:./V=;65678/67H>AH4:/4D1967156>7/>@/5C4/24<>2;:/17;/
abcdcebdfghijkhlmglkgnilihobcigpqilqihglqirgsadbhfrgjhimicltglqigabcdcebdfgjkmblbkcgdcng
24:=A5:/>@/>E42156>7:/>@/5C4/47565I./0171849475/1;H6:>2I/:42H6<4:/67H>AH4/
9171849475/1;H6<4/5>/67;6H6;=1A/K=:674::/47542E26:4:/17;/>5C42/4756564:L/9=<C/A634/
5C>:4/E2>H6;4;/KI/1/<>7:=A5678/@629./M1D/:42H6<4:/67H>AH4/E2>H6;678/51D/EA177678/
1;H6<4/5>/<A6475:/RK>5C/67;6H6;=1A:/17;/K=:674::4:S/17;/E24E12156>7/>@/5C462/51D/
245=27:./
/
uvwxyzw{|}{~€|‚€y{ƒ„}ƒy{
/
,./KS/ ^./;S/ ./;S/ †./<S/ ‡./1S/
-./;S/ N./1S/ X./1S/ ]./<S/ ,_./KS/
/
01
2


!!"!#$%!&%#'%(%#)'%(
%'
!&%!(%(!(%* 4567895  7 6
+

Get to know the seller

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
Lectbrahim Howard Community College
Follow You need to be logged in order to follow users or courses
Sold
121
Member since
1 year
Number of followers
3
Documents
1685
Last sold
1 day ago
BRAHIM STUDY SELLER

Welcome All to this page. Here you will find ; ALL DOCUMENTS, PACKAGE DEALS, FLASHCARDS AND 100% REVISED &amp; CORRECT STUDY MATERIALS GUARANTEED A+. NB: ALWAYS WRITE A GOOD REVIEW WHEN YOU BUY MY DOCUMENTS. ALSO, REFER YOUR COLLEGUES TO MY DOCUMENTS. ( Refer 3 and get 1 free document). I AM AVAILABLE TO SERVE YOU AT ANY TIME. WISHING YOU SUCCESS IN YOUR STUDIES. THANK YOU.

3.3

26 reviews

5
11
4
4
3
2
2
1
1
8

Recently viewed by you

Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Frequently asked questions