Kieso,9bWeygandt,9bWarfield,9bYoung,9bWiecek,9bMcCono Intermediate9 b Accounting,9b9bTenth9 b Can
my9bEdition adian
Solution Manual for Intermediate Accounting, 18th Edition, by
Donald E. Kieso, Jerry J. Weygandt and Terry D. Warfield.
Chapter 1-23 latest update
CHAPTER 18 INC 9b 9b
OME TAXES 9 b
ASSIGNMENT CLASSIFICATION TAB
9 b 9 b
LE Writing
Brief
Topics Exercises Exercises Problems Assignments
1. 1 4
Income9btaxes9bf
rom9ba9bbusiness9bp
erspective.
2. Difference9bbetween 2,9b3,9b4,9b5 1,9b2,9b3,9b4,9b5, 1,9b2,9b3,9b5, 1,9b2,9b
3
accounting9bincome 6,9b7,9b8,9b9,9b1 6,9b7,9b8,9b9,
0,
and9btaxable 11,9b12,9b13, 10,9b11,
income,9bcalculate 14,9b15,9b16, 13,9b14,9b15
taxable9bincome. 17,9b18,9b19
3. Taxable9btemporary 4,9b6,9b7 4,9b5,9b6,9b7,9b8, 1,9b2,9b3,9b5,
differences, 9,9b10,9b11,9b12 6,9b7,9b8,9b9,
calculation9bof 13,9b14,9b15
deferred/future9b
income9btax
liabilities.
4. Deductible 8,9b9 4,9b5,9b6,9b7,9b8, 1,9b2,9b3,9b5,
temporary 13,9b14,9b15, 6,9b7,9b8,9b9,
differences, 16,9b17 13,9b14,9b15
Solutions9 b Manu 18-1 Chapter9 b 1
al 8
,Kieso,9bWeygandt,9bWarfield,9bYoung,9bWiecek,9bMcCono Intermediate9 b Accounting,9b9bTenth9 b Can
my9bEdition adian
calculation9bof
deferred/future
income9btax9bassets.
5. Deferred/future 3,9b4,9b5,9b6,9b 5,9b6,9b7,9b8,9b9, 1,9b3,9b4,9b5,
7,
income9btax 9,9b10,9b11 10,9b11,9b12, 6,9b7,9b8,9b9,
balances. 13,9b14,9b15, 10,9b11,
16,9b17,9b18 13,9b14,9b15
6. Multiple9btax9brates, 12 12,9b16,9b17, 2,9b3,9b4,9b1 5,9b6
4
tax9brate9bchanges. 19,9b20
7. Loss9bcarrybacks. 13,9b14,9b15, 21,9b22,9b23,9b2 12
4
16,9b17
Solutions9 b Manu 18-2 Chapter9 b 1
al 8
,Kieso,9bWeygandt,9bWarfield,9bYoung,9bWiecek,9bMcCono Intermediate9 b Accounting,9b9bTenth9 b Can
my9bEdition adian
ASSIGNMENT CLASSIFICATION TABLE (CONTINUED)
9 b 9 b 9 b
Brief Writing9bA
Topics Exercises Exercises Problems ssignments
8. Loss9bcarryforwards. 22,9b23,9b24 12,9b15
14,9b15,9b16,
17
24,9b25,9b26
9. Valuation9bof9bdefe
rred/future9btax9bass
et.
10. Presentation9ban 18,9b19,9b2 24,9b27,9b2 1,9b2,9b3,9b4, 1
d9bdisclosure9bof9bi 0, 8, 5,9b6,9b7,9b8,
ncome9btaxes. 21 29,9b30,9b3 9,9b10,9b11,
1 12,9b13,
14,9b15
11. Differences 21,9b22 18,9b29,9b30,9b31 1,9b2,9b3,9b5, 1,9b2,3,9b6,9b7
between9bIFRS9ban 6,9b7,9b8,9b9,
d9bASPE. 10,9b11,
14
Please note: The simplifying assumption is made tha
9b 9b 9b 9b 9b 9b 9b
t allcompanies in the end-of-
9b b
9 9b 9b 9b
chapter brief exercises, exercises and problems use t
9b 9b 9b 9b 9b 9b 9b
he term “deferred” rather than “future” for the tax-
9b 9b 9b 9b 9b 9b 9b 9b
related accounts, even when applying ASPE.
9b 9b 9b 9b 9b
Solutions9 b Manu 18-3 Chapter9 b 1
al 8
, Kieso,9bWeygandt,9bWarfield,9bYoung,9bWiecek,9bMcCono Intermediate9 b Accounting,9b9bTenth9 b Can
my9bEdition adian
ASSIGNMENT CHARACTERISTICS TABLE
9 b 9 b
Level9bof Time
Item Description Difficulty (minutes)
E18-1 Simple 10-15
Terminology,9brelationships,9bcalcul
ations,9bentries. Simple 10-15
E18-2
One9btemporary9bdifference9bthroug
h9bthree9byears,9bone9brate.
E18-3 Intraperiod9btax9ballocation. Moderate 15-20
E18- taxable9bamounts,9bchan
49b9b9b9b9bIdentify9btemporary9bor9bperman ge9bin9brate.
ent9bdifferences9band9bdirection9bof9badju E18-13
stment. Permanent9band9br
E18- ersing9bdifferences,9bca
59bTwo9btemporary9bdifferences,9bfuture9bta ulate9btaxable9bincome,
xable9bamounts,9bone9brate,9bno9bbeginning ntry9bfor9bincome9btaxes.
9bdeferred9
taxes.
b E18-14
E18-6 One9btemporary9bd
Two9btemporary9bdifferences,9bfuture9b fference,9bfuture9bdeduc
taxable9bamounts,9bone9brate,9bbeginning9bd tible9bamounts,9bone9bra
eferred9btaxes. te,9bbeginning9bdeferred9
E18-7 taxes.
Two9btemporary9bdifferences,9bfuture9b E18-15
taxable9bamounts,9bchange9bin9brate. One9btemporary9bd
E18-8 fference,9bfuture9bdeduc
Reversing9band9bpermanent,9bfuture9b tible9bamounts,9bone9bra
taxable9bamounts,9bno9bbeginning9bbalance te,9bbeginning9bdeferred9
s. taxes.
E18-9 E18-16
One9btemporary9bdifference,9bfuture9bt One9btemporary9bd
axable9bamounts,9bone9brate,9bno9bbeginni ference,9bfuture9btaxabl
ng9bdeferred9btaxes,9bprepare9bstatements amount9bbecomes9bfutu
E18-10 e9bdeductible9bamount,9
One9btemporary9bdifference,9bfuture9bt change9bin9brate.
axable9bamounts,9bone9brate,9bno9bbeginni E18-17
ng9bdeferred9btaxes. One9btempora
E18-11 ry9bdifference,9bfut
One9btemporary9bdifference,9bfuture9b ure9bdeductible9ba
taxable9bamounts,9bone9brate,9bbeginning9b mounts,9bchange9bi
deferred9btaxes. n9brate
E18-12
One9btemporary9bdifference,9bfuture9b
Solutions9 b Manu 18-4 Chapter9 b 1
al 8
my9bEdition adian
Solution Manual for Intermediate Accounting, 18th Edition, by
Donald E. Kieso, Jerry J. Weygandt and Terry D. Warfield.
Chapter 1-23 latest update
CHAPTER 18 INC 9b 9b
OME TAXES 9 b
ASSIGNMENT CLASSIFICATION TAB
9 b 9 b
LE Writing
Brief
Topics Exercises Exercises Problems Assignments
1. 1 4
Income9btaxes9bf
rom9ba9bbusiness9bp
erspective.
2. Difference9bbetween 2,9b3,9b4,9b5 1,9b2,9b3,9b4,9b5, 1,9b2,9b3,9b5, 1,9b2,9b
3
accounting9bincome 6,9b7,9b8,9b9,9b1 6,9b7,9b8,9b9,
0,
and9btaxable 11,9b12,9b13, 10,9b11,
income,9bcalculate 14,9b15,9b16, 13,9b14,9b15
taxable9bincome. 17,9b18,9b19
3. Taxable9btemporary 4,9b6,9b7 4,9b5,9b6,9b7,9b8, 1,9b2,9b3,9b5,
differences, 9,9b10,9b11,9b12 6,9b7,9b8,9b9,
calculation9bof 13,9b14,9b15
deferred/future9b
income9btax
liabilities.
4. Deductible 8,9b9 4,9b5,9b6,9b7,9b8, 1,9b2,9b3,9b5,
temporary 13,9b14,9b15, 6,9b7,9b8,9b9,
differences, 16,9b17 13,9b14,9b15
Solutions9 b Manu 18-1 Chapter9 b 1
al 8
,Kieso,9bWeygandt,9bWarfield,9bYoung,9bWiecek,9bMcCono Intermediate9 b Accounting,9b9bTenth9 b Can
my9bEdition adian
calculation9bof
deferred/future
income9btax9bassets.
5. Deferred/future 3,9b4,9b5,9b6,9b 5,9b6,9b7,9b8,9b9, 1,9b3,9b4,9b5,
7,
income9btax 9,9b10,9b11 10,9b11,9b12, 6,9b7,9b8,9b9,
balances. 13,9b14,9b15, 10,9b11,
16,9b17,9b18 13,9b14,9b15
6. Multiple9btax9brates, 12 12,9b16,9b17, 2,9b3,9b4,9b1 5,9b6
4
tax9brate9bchanges. 19,9b20
7. Loss9bcarrybacks. 13,9b14,9b15, 21,9b22,9b23,9b2 12
4
16,9b17
Solutions9 b Manu 18-2 Chapter9 b 1
al 8
,Kieso,9bWeygandt,9bWarfield,9bYoung,9bWiecek,9bMcCono Intermediate9 b Accounting,9b9bTenth9 b Can
my9bEdition adian
ASSIGNMENT CLASSIFICATION TABLE (CONTINUED)
9 b 9 b 9 b
Brief Writing9bA
Topics Exercises Exercises Problems ssignments
8. Loss9bcarryforwards. 22,9b23,9b24 12,9b15
14,9b15,9b16,
17
24,9b25,9b26
9. Valuation9bof9bdefe
rred/future9btax9bass
et.
10. Presentation9ban 18,9b19,9b2 24,9b27,9b2 1,9b2,9b3,9b4, 1
d9bdisclosure9bof9bi 0, 8, 5,9b6,9b7,9b8,
ncome9btaxes. 21 29,9b30,9b3 9,9b10,9b11,
1 12,9b13,
14,9b15
11. Differences 21,9b22 18,9b29,9b30,9b31 1,9b2,9b3,9b5, 1,9b2,3,9b6,9b7
between9bIFRS9ban 6,9b7,9b8,9b9,
d9bASPE. 10,9b11,
14
Please note: The simplifying assumption is made tha
9b 9b 9b 9b 9b 9b 9b
t allcompanies in the end-of-
9b b
9 9b 9b 9b
chapter brief exercises, exercises and problems use t
9b 9b 9b 9b 9b 9b 9b
he term “deferred” rather than “future” for the tax-
9b 9b 9b 9b 9b 9b 9b 9b
related accounts, even when applying ASPE.
9b 9b 9b 9b 9b
Solutions9 b Manu 18-3 Chapter9 b 1
al 8
, Kieso,9bWeygandt,9bWarfield,9bYoung,9bWiecek,9bMcCono Intermediate9 b Accounting,9b9bTenth9 b Can
my9bEdition adian
ASSIGNMENT CHARACTERISTICS TABLE
9 b 9 b
Level9bof Time
Item Description Difficulty (minutes)
E18-1 Simple 10-15
Terminology,9brelationships,9bcalcul
ations,9bentries. Simple 10-15
E18-2
One9btemporary9bdifference9bthroug
h9bthree9byears,9bone9brate.
E18-3 Intraperiod9btax9ballocation. Moderate 15-20
E18- taxable9bamounts,9bchan
49b9b9b9b9bIdentify9btemporary9bor9bperman ge9bin9brate.
ent9bdifferences9band9bdirection9bof9badju E18-13
stment. Permanent9band9br
E18- ersing9bdifferences,9bca
59bTwo9btemporary9bdifferences,9bfuture9bta ulate9btaxable9bincome,
xable9bamounts,9bone9brate,9bno9bbeginning ntry9bfor9bincome9btaxes.
9bdeferred9
taxes.
b E18-14
E18-6 One9btemporary9bd
Two9btemporary9bdifferences,9bfuture9b fference,9bfuture9bdeduc
taxable9bamounts,9bone9brate,9bbeginning9bd tible9bamounts,9bone9bra
eferred9btaxes. te,9bbeginning9bdeferred9
E18-7 taxes.
Two9btemporary9bdifferences,9bfuture9b E18-15
taxable9bamounts,9bchange9bin9brate. One9btemporary9bd
E18-8 fference,9bfuture9bdeduc
Reversing9band9bpermanent,9bfuture9b tible9bamounts,9bone9bra
taxable9bamounts,9bno9bbeginning9bbalance te,9bbeginning9bdeferred9
s. taxes.
E18-9 E18-16
One9btemporary9bdifference,9bfuture9bt One9btemporary9bd
axable9bamounts,9bone9brate,9bno9bbeginni ference,9bfuture9btaxabl
ng9bdeferred9btaxes,9bprepare9bstatements amount9bbecomes9bfutu
E18-10 e9bdeductible9bamount,9
One9btemporary9bdifference,9bfuture9bt change9bin9brate.
axable9bamounts,9bone9brate,9bno9bbeginni E18-17
ng9bdeferred9btaxes. One9btempora
E18-11 ry9bdifference,9bfut
One9btemporary9bdifference,9bfuture9b ure9bdeductible9ba
taxable9bamounts,9bone9brate,9bbeginning9b mounts,9bchange9bi
deferred9btaxes. n9brate
E18-12
One9btemporary9bdifference,9bfuture9b
Solutions9 b Manu 18-4 Chapter9 b 1
al 8
