• Brief Exercise 10.1 Classification of Long-Term Liabilities, p.505

Which of the following would normally be included in the Long-Term Liability category of the balance sheet?

Account Payable

Bonds payable

Accrued Expenses

Current Maturities of Long-Term Debt

Accrued Income Taxes

• Brief Exercise 10.2 Bond Features, p.505

Define the following terms related to bonds payable

Debenture bonds

Secured bonds

Convertible bonds

Callable bonds

Face value of the bonds

Face rate of interest

Issue price

• Exercise 10-10 Impact of Transaction Involving Bonds on Statement of Cash Flows, p.509

In the following list, identify each item as operating (O), investing (I), financing (F), or not separately reported on the statement of cash flows (N).

Proceeds from issuance of bonds payable

Interest expense

Redemption of bonds payable at maturity

• Exercise 11-2 Solve for unknowns, p.558

The stockholders Equity category of Zache Companys balance sheet appears below.

Common stock, $10 par, 10,000 shares issued, 9,200 outstanding $ ?

Additional paid-in capital ?

Total contributed capital $350,000

Retained earnings 100,000

Treasury stock, ?shares at cost 10,000

Total stockholders equity $ ?

• Exercise 11-14 Reporting Changes in Stockholders Equity Items, p.562

On May 1, 2013, Ryde Inc. has common stock of $345, 000, additional paid-in capital of $1,298,000, and retained earnings of $3,013,000. Ryde did not purchase or sell any common stock during the year. The company reported net income of $556,000 and declared dividends in the amount of $78,000 during the year ended April 30, 2014.

Required

Prepare a financial statement that explains the difference between the beginning and ending balances for the accounts in the Stockholders Equity category of the balance sheet.

• Exercise 11-18 Impact of Transactions Involving Issuance of Stock on Statement of Cash Flows, p.563

From the following list, identify each item as operating (O), investing (I), financing (F), or not separately reported on the statement of cash flows (N).

Repurchase of common stock as treasury stock

Reissuance of common stock (held as treasury stock)

Retirement of treasury stock