Kieso,nWeygandt,nWarfield,nYoung,nWiecek,nMcConomy nE Intermediaten Accounting,nnTenth n Canadian
dition
Solution Manual for Intermediate Accounting, 18th Edition, by Do
n n n n n n n n
ald E. Kieso, Jerry J. Weygandt and Terry D. Warfield. Chapter 1-
n n n n n n n n n n n
23 latest update
n n
CHAPTER 18 INCO n n
ME TAXES n
ASSIGNMENT CLASSIFICATION TABLE
n n
Brief Writing
Topics Exercises Exercises Problems Assignments
1. 1 4
Incomentaxesnfr
omnanbusinessnper
spective.
2. Differencenbetween 2,n3,n4,n5 1,n2,n3,n4,n5, 1,n2,n3,n5, 1,n2,n3
accountingnincome 6,n7,n8,n9,n10, 6,n7,n8,n9,
andntaxable 11,n12,n13, 10,n11,
income,ncalculate 14,n15,n16, 13,n14,n15
taxablenincome. 17,n18,n19
3. Taxablentemporary 4,n6,n7 4,n5,n6,n7,n8, 1,n2,n3,n5,
differences, 9,n10,n11,n12 6,n7,n8,n9,
calculation nof 13,n14,n15
deferred/futuren
incomentax
liabilities.
4. Deductible 8,n9 4,n5,n6,n7,n8, 1,n2,n3,n5,
temporary 13,n14,n15, 6,n7,n8,n9,
differences, 16,n17 13,n14,n15
calculation nof
deferred/future
incomentaxnassets.
Solutionsn Manual 18-1 Chaptern 18
,Kieso,nWeygandt,nWarfield,nYoung,nWiecek,nMcConomy nE Intermediaten Accounting,nnTenth n Canadian
dition
5. Deferred/future 3,n4,n5,n6,n7, 5,n6,n7,n8,n9, 1,n3,n4,n5,
incomentax 9,n10,n11 10,n11,n12, 6,n7,n8,n9,
balances. 13,n14,n15, 10,n11,
16,n17,n18 13,n14,n15
6. Multiplentaxnrates, 12 12,n16,n17, 2,n3,n4,n14 5,n6
taxnratenchanges. 19,n20
7. Lossncarrybacks. 13,n14,n15, 21,n22,n23,n24 12
16,n17
Solutionsn Manual 18-2 Chaptern 18
,Kieso,nWeygandt,nWarfield,nYoung,nWiecek,nMcConomy nE Intermediaten Accounting,nnTenth n Canadian
dition
ASSIGNMENT CLASSIFICATION TABLE (CONTINUED)
n n n
Brief WritingnA
Topics Exercises Exercises Problems ssignments
8. Lossncarryforwards. 14,n15,n16, 22,n23,n24 12,n15
17
9. Valuation nof ndeferr 24,n25,n26
ed/futurentaxnasset.
10. Presentation nandn 18,n19,n20, 24,n27,n28, 1,n2,n3,n4, 1
disclosurenof ninc 21 29,n30,n31 5,n6,n7,n8,
omentaxes. 9,n10,n11,
12,n13,
14,n15
11. Differences 21,n22 18,n29,n30,n31 1,n2,n3,n5, 1,n2,3,n6,n7
between nIFRSnandn 6,n7,n8,n9,
ASPE. 10,n11,
14
Please note: The simplifying assumption is made that allc
n n n n n n n n n
ompanies in the end-of-
n n n
chapter brief exercises, exercises and problems use the te
n n n n n n n n
rm “deferred” rather than “future” for the tax-
n n n n n n n
related accounts, even when applying ASPE.
n n n n n
Solutionsn Manual 18-3 Chaptern 18
, Kieso,nWeygandt,nWarfield,nYoung,nWiecek,nMcConomy nE Intermediaten Accounting,nnTenth n Canadian
dition
ASSIGNMENT CHARACTERISTICS TABLE
n n
Levelnof Time
Item Description Difficulty (minutes)
E18-1 Simple 10-15
Terminology,nrelationships,ncalculati
ons,nentries. Simple 10-15
E18-2
Onentemporaryndifferencenthroughnt
hreenyears,nonenrate.
E18-3 Intraperiodntaxnallocation. Moderate 15-20
E18- Permanentnandnre
4nnnnnIdentifyntemporarynornpermanentndiff singndifferences,ncalcu
erencesnandndirection nof nadjustment. entaxablenincome,nentry
E18- rnincomentaxes.
5nTwontemporaryndifferences,nfuturentaxab E18-14
lenamounts,nonenrate,nnonbeginningndeferr Onentemporaryndif
edntaxes. erence,nfuturendeductib
E18-6 enamounts,nonenrate,nb
Twontemporaryndifferences,nfuturentax ginningndeferredntaxes
ablenamounts,nonenrate,nbeginningndeferre E18-15
dntaxes. Onentemporaryndif
E18-7 erence,nfuturendeductib
Twontemporaryndifferences,nfuturentax enamounts,nonenrate,nb
ablenamounts,nchangenin nrate. ginningndeferredntaxes
E18-8 E18-16
Reversingnandnpermanent,nfuturentax Onentemporaryndif
ablenamounts,nnonbeginningnbalances. erence,nfuturentaxablena
E18-9 mountnbecomesnfuture
Onentemporaryndifference,nfuturentax deductiblenamount,nch
ablenamounts,nonenrate,nnonbeginningndef ngenin nrate.
erredntaxes,npreparenstatements E18-17
E18-10 Onentemporar
Onentemporaryndifference,nfuturentax yndifference,nfuture
ablenamounts,nonenrate,nnonbeginningndef ndeductible namoun
erredntaxes. ts,nchangenin nrate
E18-11
Onentemporaryndifference,nfuturentax
ablenamounts,nonenrate,nbeginningndeferr
edntaxes.
E18-12
Onentemporaryndifference,nfuturentax
ablenamounts,nchangenin nrate.
E18-13
Solutionsn Manual 18-4 Chaptern 18
dition
Solution Manual for Intermediate Accounting, 18th Edition, by Do
n n n n n n n n
ald E. Kieso, Jerry J. Weygandt and Terry D. Warfield. Chapter 1-
n n n n n n n n n n n
23 latest update
n n
CHAPTER 18 INCO n n
ME TAXES n
ASSIGNMENT CLASSIFICATION TABLE
n n
Brief Writing
Topics Exercises Exercises Problems Assignments
1. 1 4
Incomentaxesnfr
omnanbusinessnper
spective.
2. Differencenbetween 2,n3,n4,n5 1,n2,n3,n4,n5, 1,n2,n3,n5, 1,n2,n3
accountingnincome 6,n7,n8,n9,n10, 6,n7,n8,n9,
andntaxable 11,n12,n13, 10,n11,
income,ncalculate 14,n15,n16, 13,n14,n15
taxablenincome. 17,n18,n19
3. Taxablentemporary 4,n6,n7 4,n5,n6,n7,n8, 1,n2,n3,n5,
differences, 9,n10,n11,n12 6,n7,n8,n9,
calculation nof 13,n14,n15
deferred/futuren
incomentax
liabilities.
4. Deductible 8,n9 4,n5,n6,n7,n8, 1,n2,n3,n5,
temporary 13,n14,n15, 6,n7,n8,n9,
differences, 16,n17 13,n14,n15
calculation nof
deferred/future
incomentaxnassets.
Solutionsn Manual 18-1 Chaptern 18
,Kieso,nWeygandt,nWarfield,nYoung,nWiecek,nMcConomy nE Intermediaten Accounting,nnTenth n Canadian
dition
5. Deferred/future 3,n4,n5,n6,n7, 5,n6,n7,n8,n9, 1,n3,n4,n5,
incomentax 9,n10,n11 10,n11,n12, 6,n7,n8,n9,
balances. 13,n14,n15, 10,n11,
16,n17,n18 13,n14,n15
6. Multiplentaxnrates, 12 12,n16,n17, 2,n3,n4,n14 5,n6
taxnratenchanges. 19,n20
7. Lossncarrybacks. 13,n14,n15, 21,n22,n23,n24 12
16,n17
Solutionsn Manual 18-2 Chaptern 18
,Kieso,nWeygandt,nWarfield,nYoung,nWiecek,nMcConomy nE Intermediaten Accounting,nnTenth n Canadian
dition
ASSIGNMENT CLASSIFICATION TABLE (CONTINUED)
n n n
Brief WritingnA
Topics Exercises Exercises Problems ssignments
8. Lossncarryforwards. 14,n15,n16, 22,n23,n24 12,n15
17
9. Valuation nof ndeferr 24,n25,n26
ed/futurentaxnasset.
10. Presentation nandn 18,n19,n20, 24,n27,n28, 1,n2,n3,n4, 1
disclosurenof ninc 21 29,n30,n31 5,n6,n7,n8,
omentaxes. 9,n10,n11,
12,n13,
14,n15
11. Differences 21,n22 18,n29,n30,n31 1,n2,n3,n5, 1,n2,3,n6,n7
between nIFRSnandn 6,n7,n8,n9,
ASPE. 10,n11,
14
Please note: The simplifying assumption is made that allc
n n n n n n n n n
ompanies in the end-of-
n n n
chapter brief exercises, exercises and problems use the te
n n n n n n n n
rm “deferred” rather than “future” for the tax-
n n n n n n n
related accounts, even when applying ASPE.
n n n n n
Solutionsn Manual 18-3 Chaptern 18
, Kieso,nWeygandt,nWarfield,nYoung,nWiecek,nMcConomy nE Intermediaten Accounting,nnTenth n Canadian
dition
ASSIGNMENT CHARACTERISTICS TABLE
n n
Levelnof Time
Item Description Difficulty (minutes)
E18-1 Simple 10-15
Terminology,nrelationships,ncalculati
ons,nentries. Simple 10-15
E18-2
Onentemporaryndifferencenthroughnt
hreenyears,nonenrate.
E18-3 Intraperiodntaxnallocation. Moderate 15-20
E18- Permanentnandnre
4nnnnnIdentifyntemporarynornpermanentndiff singndifferences,ncalcu
erencesnandndirection nof nadjustment. entaxablenincome,nentry
E18- rnincomentaxes.
5nTwontemporaryndifferences,nfuturentaxab E18-14
lenamounts,nonenrate,nnonbeginningndeferr Onentemporaryndif
edntaxes. erence,nfuturendeductib
E18-6 enamounts,nonenrate,nb
Twontemporaryndifferences,nfuturentax ginningndeferredntaxes
ablenamounts,nonenrate,nbeginningndeferre E18-15
dntaxes. Onentemporaryndif
E18-7 erence,nfuturendeductib
Twontemporaryndifferences,nfuturentax enamounts,nonenrate,nb
ablenamounts,nchangenin nrate. ginningndeferredntaxes
E18-8 E18-16
Reversingnandnpermanent,nfuturentax Onentemporaryndif
ablenamounts,nnonbeginningnbalances. erence,nfuturentaxablena
E18-9 mountnbecomesnfuture
Onentemporaryndifference,nfuturentax deductiblenamount,nch
ablenamounts,nonenrate,nnonbeginningndef ngenin nrate.
erredntaxes,npreparenstatements E18-17
E18-10 Onentemporar
Onentemporaryndifference,nfuturentax yndifference,nfuture
ablenamounts,nonenrate,nnonbeginningndef ndeductible namoun
erredntaxes. ts,nchangenin nrate
E18-11
Onentemporaryndifference,nfuturentax
ablenamounts,nonenrate,nbeginningndeferr
edntaxes.
E18-12
Onentemporaryndifference,nfuturentax
ablenamounts,nchangenin nrate.
E18-13
Solutionsn Manual 18-4 Chaptern 18
