SOLUTIONS MANUAL for Intermediate Accounting, Volume 2, 13th Canadian Edition by Donald Kieso, Jerry Weygandt, Terry Warfield, Wiecek, and McConomy A+

10/7/23,v11:11vPM SolutionvmanualvforvIntermediatevAccounting,vVolumev2,v13thvCanadianvEdi
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SolutionvmanualvforvIntermediatevAccounti
ng,v Volumev 2,v 13thv CanadianvEditionvbyvD
onaldvE.vKieso
FULLv DOWNLOADv LINK:v HTTPS://QIDIANTIKU.COM/SOLUTION-
vMANUAL-FOR-INTERMEDIATE-ACCOUNTING-VOLUME-2-13TH-
vCANADIAN-EDITION-BY-DONALD-E-KIESO.SHTML

CHAPTERv 13

NON-FINANCIALvANDv CURRENTv LIABILITIES
Learningv Objectives
1. Understandvthevimportancevofvnon-
financialvandvcurrentvliabilitiesv fromv av businessv perspe
ctive.
2. Definev liabilities,v distinguishv financialv liabilitiesv fromv other
liabilities,v andv identifyv howv theyv arev measured.
3. Definevcurrentvliabilitiesvandvidentifyvandvaccountvforvcommo
nvtypesv ofvcurrentv liabilities.
4. Identifyv andv accountv forv thevmajorv typesv ofvemployee-related
liabilities.
5. Explainvthevrecognition,vmeasurement,vandvdisclosur
evrequirementsv forv decommissioningv andv restorationv
obligations.
6. Explainv thevissuesv andv accountv forv productv guarantees,v other
customerv programv obligations,v andv unearnedv revenue.
7. Explainv andv accountv forv contingenciesvandv uncertainv c
ommitments,vandvidentifyvthevaccountingvandvreportingv
requirementsv forv guaranteesvandv commitments.
8. Indicatevhowvnon-
financialvandvcurrentvliabilitiesvarevpresentedv andv a
nalyzed.
9. Identifyv differencesvinv accountingv betweenv IFRSv andv ASP
E,vandv whatv changesv arev expectedvinv thev nearv future.




Solutionsv Manual 13-1 Chapterv 13




SummaryvofvQuestionsvbyvLearningvObjectivesvandvBloom’svTaxonomy

Ite LO BTv Ite LOvv BTvv It LOvv BTvv Itevv LOvv BTvv Itevv LOv BT
e
m m m m
mvBriefv Exercises
1. 1 Cvvvvv8. 3 APv 15. 4 APv 22. 5,9 APv 29.v 6,9v A
P
2. 3 APv 9. 3 APv 16. 4 APv 23. 6 APv 30.v 7,9v A
P
3. 3 APv 10. 3 APv 17. 4 APv 24. 6 APv 31. 7 AP
4. 3 APv 11. 3 APv 18. 4 APv 25. 6 APv 32. 8 AN
5. 3 APv 12. 3 APv 19. 4 APv 26. 6 APv 33. 8 AN
6. 2,3 APv 13. 3,9 Cv 20. 2,5 APv 27. 6 APv 34. 8 AN
7. 3 APv 14. 3,9 Cv 21. 5,9 APv 28. 6 APv 34. 8 AN
Exercises
1. 2,9 Cvvvvv8.v 3,8,9v APv 15.vvv 5,9vvvv APv 22.vvv 6,9v APv 29.v 7,9vvv C
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2. 3
APvvv 9.v 3,8,9v APv 16.vvvv 5,9vvvv APv 23.vvv 6,9v APv 30.vvv 8vvv AN
3. 3
APv 10.vvvvv4vvvv APv 17. 6 APv 24.vvv 6,9v APv 31.vvv 8vvv AN
4. 3,9 APv 11.vvvvv 4vvvv APv 18.v 3,4,6v APv 25.vvvv 6vvvv APv 32.vvv 8vvv AN
5 3 APv 12 4vvvv APv 19vvvvv 6v9vvv APv 26vvvv 6v9v AP




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Solutionsv Manual 13-1 Chapterv 13




SummaryvofvQuestionsvbyvLearningvObjectivesvandvBloom’svTaxonomy

Ite LO BTv Ite LOvv BTvv It LOvv BTvv Itevv LOvv BTvv Itevv LOv BT
e
m m m m
mvBriefv Exercises
1. 1 Cvvvvv8. 3 APv 15. 4 APv 22. 5,9 APv 29.v 6,9v A
P
2. 3 APv 9. 3 APv 16. 4 APv 23. 6 APv 30.v 7,9v A
P
3. 3 APv 10. 3 APv 17. 4 APv 24. 6 APv 31. 7 AP
4. 3 APv 11. 3 APv 18. 4 APv 25. 6 APv 32. 8 AN
5. 3 APv 12. 3 APv 19. 4 APv 26. 6 APv 33. 8 AN
6. 2,3 APv 13. 3,9 Cv 20. 2,5 APv 27. 6 APv 34. 8 AN
7. 3 APv 14. 3,9 Cv 21. 5,9 APv 28. 6 APv 34. 8 AN
Exercises
1. 2,9 Cvvvvv8.v 3,8,9v APv 15.vvv 5,9vvvv APv 22.vvv 6,9v APv 29.v 7,9vvv C
2. 3 APvvv 9.v 3,8,9v APv 16.vvvv 5,9vvvv APv 23.vvv 6,9v APv 30.vvv 8vvv AN
3. 3 APv 10.vvvvv4vvvv APv 17. 6 APv 24.vvv 6,9v APv 31.vvv 8vvv AN
4. 3,9 APv 11.vvvvv 4vvvv APv 18.v 3,4,6v APv 25.vvvv 6vvvv APv 32.vvv 8vvv AN
5. 3 APv 12.vvvvv4vvvv APv 19.vvvv 6,9vvvv APv 26.vvv 6,9v AP
6. 3,9 APv 13.vvvv 4vvvv APv 20.v 6,8,9v APv 27.vvvv 6vvvv AP
7.v 3,4,6,7,9vvv Cvvv 14.vvv 4,9vvv ANv 21.vvvv6,9vvvv APv 28.vvvv 6vvvv AP
Problems
1.vvv 2,3,5,9vvv APvvv 5.vvvvv 4vvvv APv 9.v 6,7,9v APv 13.vvv 6,9v APv 17.v 7,8,v AP
9
2. 2,3 APvvv 6.vvvvv 4vvvv APv 10.v6,7,10v APv 14.v 6,8,9v AP
3.v 2,3,4,6,9v APvvv 7.vvv 4,9vvv ANv 11.vvv 6,8vvvv APv 15.vvv 6,9v AP
4.vvv 2,3,5,6vvv APvvv 8.vvv 5,7vvv APv 12.v 6,7,9v APv 16.vvv 7,8v AP
Cases
1. 6,9 ANvvvv 2. 3.
Integratedv Cases
1. 7 ANvvv 2.vvvvv 7vvvv APvvv 3. 7 AP
Researchv andv Analysis
1.vvvvv 5,6,7vvvvv APv 3.vvv 6,7,8v APv 5.vvvvv 6,7vvv APv 6.vvvv 4,8v APv 7.v 2,6,v AN
7
2.vvvvv 3,7,8vvvvv APv 4.v 3,5,6,v AP
8




Solutionsv Manual 13-2 Chapterv 13




Legend:v Thev followingv abbreviationsv willvappearv throughoutv thev solutio
nsvmanualvfile.

LO Learningv objective
BT
Bloom'svTa
xonomyvK
Knowledge
C Comprehension
AP Application
AN Analysis
S Synthesis
E
EvaluationvDifficul
ty: Levelvofvdifficulty
S Simple
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M Moderate
C Complex
Time: Estimatedv timevtovcompletevinv minutes
AACSB
AssociationvtovAdvancevCollegia
tev Schoolsv ofvBusinessvCommunication
Communication




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