Kieso,7bWeygandt,7bWarfield,7bYoung,7bWiecek,7bMcCono Intermediate7 b Accounting,7b7bTenth7 b Can
my7bEdition 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 7b 7b
OME TAXES 7 b
ASSIGNMENT CLASSIFICATION TAB
7 b 7 b
LE Writing
Brief
Topics Exercises Exercises Problems Assignments
1. 1 4
Income7btaxes7bf
rom7ba7bbusiness7bp
erspective.
2. Difference7bbetween 2,7b3,7b4,7b5 1,7b2,7b3,7b4,7b5, 1,7b2,7b3,7b5, 1,7b2,7b
3
accounting7bincome 6,7b7,7b8,7b9,7b1 6,7b7,7b8,7b9,
0,
and7btaxable 11,7b12,7b13, 10,7b11,
income,7bcalculate 14,7b15,7b16, 13,7b14,7b15
taxable7bincome. 17,7b18,7b19
3. Taxable7btemporary 4,7b6,7b7 4,7b5,7b6,7b7,7b8, 1,7b2,7b3,7b5,
differences, 9,7b10,7b11,7b12 6,7b7,7b8,7b9,
calculation7bof 13,7b14,7b15
deferred/future7b
income7btax
liabilities.
4. Deductible 8,7b9 4,7b5,7b6,7b7,7b8, 1,7b2,7b3,7b5,
temporary 13,7b14,7b15, 6,7b7,7b8,7b9,
differences, 16,7b17 13,7b14,7b15
Solutions7 b Manu 18-1 Chapter7 b 1
al 8
,Kieso,7bWeygandt,7bWarfield,7bYoung,7bWiecek,7bMcCono Intermediate7 b Accounting,7b7bTenth7 b Can
my7bEdition adian
calculation7bof
deferred/future
income7btax7bassets.
5. Deferred/future 3,7b4,7b5,7b6,7b 5,7b6,7b7,7b8,7b9, 1,7b3,7b4,7b5,
7,
income7btax 9,7b10,7b11 10,7b11,7b12, 6,7b7,7b8,7b9,
balances. 13,7b14,7b15, 10,7b11,
16,7b17,7b18 13,7b14,7b15
6. Multiple7btax7brates, 12 12,7b16,7b17, 2,7b3,7b4,7b1 5,7b6
4
tax7brate7bchanges. 19,7b20
7. Loss7bcarrybacks. 13,7b14,7b15, 21,7b22,7b23,7b2 12
4
16,7b17
Solutions7 b Manu 18-2 Chapter7 b 1
al 8
,Kieso,7bWeygandt,7bWarfield,7bYoung,7bWiecek,7bMcCono Intermediate7 b Accounting,7b7bTenth7 b Can
my7bEdition adian
ASSIGNMENT CLASSIFICATION TABLE (CONTINUED)
7 b 7 b 7 b
Brief Writing7bA
Topics Exercises Exercises Problems ssignments
8. Loss7bcarryforwards. 22,7b23,7b24 12,7b15
14,7b15,7b16,
17
24,7b25,7b26
9. Valuation7bof7bdefe
rred/future7btax7bass
et.
10. Presentation7ban 18,7b19,7b2 24,7b27,7b2 1,7b2,7b3,7b4, 1
d7bdisclosure7bof7bi 0, 8, 5,7b6,7b7,7b8,
ncome7btaxes. 21 29,7b30,7b3 9,7b10,7b11,
1 12,7b13,
14,7b15
11. Differences 21,7b22 18,7b29,7b30,7b31 1,7b2,7b3,7b5, 1,7b2,3,7b6,7b7
between7bIFRS7ban 6,7b7,7b8,7b9,
d7bASPE. 10,7b11,
14
Please note: The simplifying assumption is made tha
7b 7b 7b 7b 7b 7b 7b
t allcompanies in the end-of-
7b b
7 7b 7b 7b
chapter brief exercises, exercises and problems use t
7b 7b 7b 7b 7b 7b 7b
he term “deferred” rather than “future” for the tax-
7b 7b 7b 7b 7b 7b 7b 7b
related accounts, even when applying ASPE.
7b 7b 7b 7b 7b
Solutions7 b Manu 18-3 Chapter7 b 1
al 8
, Kieso,7bWeygandt,7bWarfield,7bYoung,7bWiecek,7bMcCono Intermediate7 b Accounting,7b7bTenth7 b Can
my7bEdition adian
ASSIGNMENT CHARACTERISTICS TABLE
7 b 7 b
Level7bof Time
Item Description Difficulty (minutes)
E18-1 Simple 10-15
Terminology,7brelationships,7bcalcul
ations,7bentries. Simple 10-15
E18-2
One7btemporary7bdifference7bthroug
h7bthree7byears,7bone7brate.
E18-3 Intraperiod7btax7ballocation. Moderate 15-20
E18- taxable7bamounts,7bchan
47b7b7b7b7bIdentify7btemporary7bor7bperman ge7bin7brate.
ent7bdifferences7band7bdirection7bof7badju E18-13
stment. Permanent7band7br
E18- ersing7bdifferences,7bca
57bTwo7btemporary7bdifferences,7bfuture7bta ulate7btaxable7bincome,
xable7bamounts,7bone7brate,7bno7bbeginning ntry7bfor7bincome7btaxes.
7bdeferred7
taxes.
b E18-14
E18-6 One7btemporary7bd
Two7btemporary7bdifferences,7bfuture7b fference,7bfuture7bdeduc
taxable7bamounts,7bone7brate,7bbeginning7bd tible7bamounts,7bone7bra
eferred7btaxes. te,7bbeginning7bdeferred7
E18-7 taxes.
Two7btemporary7bdifferences,7bfuture7b E18-15
taxable7bamounts,7bchange7bin7brate. One7btemporary7bd
E18-8 fference,7bfuture7bdeduc
Reversing7band7bpermanent,7bfuture7b tible7bamounts,7bone7bra
taxable7bamounts,7bno7bbeginning7bbalance te,7bbeginning7bdeferred7
s. taxes.
E18-9 E18-16
One7btemporary7bdifference,7bfuture7bt One7btemporary7bd
axable7bamounts,7bone7brate,7bno7bbeginni ference,7bfuture7btaxabl
ng7bdeferred7btaxes,7bprepare7bstatements amount7bbecomes7bfutu
E18-10 e7bdeductible7bamount,7
One7btemporary7bdifference,7bfuture7bt change7bin7brate.
axable7bamounts,7bone7brate,7bno7bbeginni E18-17
ng7bdeferred7btaxes. One7btempora
E18-11 ry7bdifference,7bfut
One7btemporary7bdifference,7bfuture7b ure7bdeductible7ba
taxable7bamounts,7bone7brate,7bbeginning7b mounts,7bchange7bi
deferred7btaxes. n7brate
E18-12
One7btemporary7bdifference,7bfuture7b
Solutions7 b Manu 18-4 Chapter7 b 1
al 8
my7bEdition 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 7b 7b
OME TAXES 7 b
ASSIGNMENT CLASSIFICATION TAB
7 b 7 b
LE Writing
Brief
Topics Exercises Exercises Problems Assignments
1. 1 4
Income7btaxes7bf
rom7ba7bbusiness7bp
erspective.
2. Difference7bbetween 2,7b3,7b4,7b5 1,7b2,7b3,7b4,7b5, 1,7b2,7b3,7b5, 1,7b2,7b
3
accounting7bincome 6,7b7,7b8,7b9,7b1 6,7b7,7b8,7b9,
0,
and7btaxable 11,7b12,7b13, 10,7b11,
income,7bcalculate 14,7b15,7b16, 13,7b14,7b15
taxable7bincome. 17,7b18,7b19
3. Taxable7btemporary 4,7b6,7b7 4,7b5,7b6,7b7,7b8, 1,7b2,7b3,7b5,
differences, 9,7b10,7b11,7b12 6,7b7,7b8,7b9,
calculation7bof 13,7b14,7b15
deferred/future7b
income7btax
liabilities.
4. Deductible 8,7b9 4,7b5,7b6,7b7,7b8, 1,7b2,7b3,7b5,
temporary 13,7b14,7b15, 6,7b7,7b8,7b9,
differences, 16,7b17 13,7b14,7b15
Solutions7 b Manu 18-1 Chapter7 b 1
al 8
,Kieso,7bWeygandt,7bWarfield,7bYoung,7bWiecek,7bMcCono Intermediate7 b Accounting,7b7bTenth7 b Can
my7bEdition adian
calculation7bof
deferred/future
income7btax7bassets.
5. Deferred/future 3,7b4,7b5,7b6,7b 5,7b6,7b7,7b8,7b9, 1,7b3,7b4,7b5,
7,
income7btax 9,7b10,7b11 10,7b11,7b12, 6,7b7,7b8,7b9,
balances. 13,7b14,7b15, 10,7b11,
16,7b17,7b18 13,7b14,7b15
6. Multiple7btax7brates, 12 12,7b16,7b17, 2,7b3,7b4,7b1 5,7b6
4
tax7brate7bchanges. 19,7b20
7. Loss7bcarrybacks. 13,7b14,7b15, 21,7b22,7b23,7b2 12
4
16,7b17
Solutions7 b Manu 18-2 Chapter7 b 1
al 8
,Kieso,7bWeygandt,7bWarfield,7bYoung,7bWiecek,7bMcCono Intermediate7 b Accounting,7b7bTenth7 b Can
my7bEdition adian
ASSIGNMENT CLASSIFICATION TABLE (CONTINUED)
7 b 7 b 7 b
Brief Writing7bA
Topics Exercises Exercises Problems ssignments
8. Loss7bcarryforwards. 22,7b23,7b24 12,7b15
14,7b15,7b16,
17
24,7b25,7b26
9. Valuation7bof7bdefe
rred/future7btax7bass
et.
10. Presentation7ban 18,7b19,7b2 24,7b27,7b2 1,7b2,7b3,7b4, 1
d7bdisclosure7bof7bi 0, 8, 5,7b6,7b7,7b8,
ncome7btaxes. 21 29,7b30,7b3 9,7b10,7b11,
1 12,7b13,
14,7b15
11. Differences 21,7b22 18,7b29,7b30,7b31 1,7b2,7b3,7b5, 1,7b2,3,7b6,7b7
between7bIFRS7ban 6,7b7,7b8,7b9,
d7bASPE. 10,7b11,
14
Please note: The simplifying assumption is made tha
7b 7b 7b 7b 7b 7b 7b
t allcompanies in the end-of-
7b b
7 7b 7b 7b
chapter brief exercises, exercises and problems use t
7b 7b 7b 7b 7b 7b 7b
he term “deferred” rather than “future” for the tax-
7b 7b 7b 7b 7b 7b 7b 7b
related accounts, even when applying ASPE.
7b 7b 7b 7b 7b
Solutions7 b Manu 18-3 Chapter7 b 1
al 8
, Kieso,7bWeygandt,7bWarfield,7bYoung,7bWiecek,7bMcCono Intermediate7 b Accounting,7b7bTenth7 b Can
my7bEdition adian
ASSIGNMENT CHARACTERISTICS TABLE
7 b 7 b
Level7bof Time
Item Description Difficulty (minutes)
E18-1 Simple 10-15
Terminology,7brelationships,7bcalcul
ations,7bentries. Simple 10-15
E18-2
One7btemporary7bdifference7bthroug
h7bthree7byears,7bone7brate.
E18-3 Intraperiod7btax7ballocation. Moderate 15-20
E18- taxable7bamounts,7bchan
47b7b7b7b7bIdentify7btemporary7bor7bperman ge7bin7brate.
ent7bdifferences7band7bdirection7bof7badju E18-13
stment. Permanent7band7br
E18- ersing7bdifferences,7bca
57bTwo7btemporary7bdifferences,7bfuture7bta ulate7btaxable7bincome,
xable7bamounts,7bone7brate,7bno7bbeginning ntry7bfor7bincome7btaxes.
7bdeferred7
taxes.
b E18-14
E18-6 One7btemporary7bd
Two7btemporary7bdifferences,7bfuture7b fference,7bfuture7bdeduc
taxable7bamounts,7bone7brate,7bbeginning7bd tible7bamounts,7bone7bra
eferred7btaxes. te,7bbeginning7bdeferred7
E18-7 taxes.
Two7btemporary7bdifferences,7bfuture7b E18-15
taxable7bamounts,7bchange7bin7brate. One7btemporary7bd
E18-8 fference,7bfuture7bdeduc
Reversing7band7bpermanent,7bfuture7b tible7bamounts,7bone7bra
taxable7bamounts,7bno7bbeginning7bbalance te,7bbeginning7bdeferred7
s. taxes.
E18-9 E18-16
One7btemporary7bdifference,7bfuture7bt One7btemporary7bd
axable7bamounts,7bone7brate,7bno7bbeginni ference,7bfuture7btaxabl
ng7bdeferred7btaxes,7bprepare7bstatements amount7bbecomes7bfutu
E18-10 e7bdeductible7bamount,7
One7btemporary7bdifference,7bfuture7bt change7bin7brate.
axable7bamounts,7bone7brate,7bno7bbeginni E18-17
ng7bdeferred7btaxes. One7btempora
E18-11 ry7bdifference,7bfut
One7btemporary7bdifference,7bfuture7b ure7bdeductible7ba
taxable7bamounts,7bone7brate,7bbeginning7b mounts,7bchange7bi
deferred7btaxes. n7brate
E18-12
One7btemporary7bdifference,7bfuture7b
Solutions7 b Manu 18-4 Chapter7 b 1
al 8
