Kieso, Weygandt, Warfield, Young, Wiecek, McConomy Intermediate Accounting, Tenth Canadian
Edition
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
INCOME TAXES
ASSIGNMENT CLASSIFICATION TABLE
Brief Writing
Topics Exercises Exercises Problems Assignments
1. Income taxes from 1 4
a business
perspective.
2. Difference between 2, 3, 4, 5 1, 2, 3, 4, 5, 1, 2, 3, 5, 1, 2, 3
accounting income 6, 7, 8, 9, 10, 6, 7, 8, 9,
and taxable 11, 12, 13, 10, 11,
income, calculate 14, 15, 16, 13, 14, 15
taxable income. 17, 18, 19
3. Taxable temporary 4, 6, 7 4, 5, 6, 7, 8, 1, 2, 3, 5,
differences, 9, 10, 11, 12 6, 7, 8, 9,
calculation of 13, 14, 15
deferred/future
income tax
liabilities.
4. Deductible 8, 9 4, 5, 6, 7, 8, 1, 2, 3, 5,
temporary 13, 14, 15, 6, 7, 8, 9,
differences, 16, 17 13, 14, 15
calculation of
deferred/future
income tax assets.
Solutions Manual 18-1 Chapter 18
,Kieso, Weygandt, Warfield, Young, Wiecek, McConomy Intermediate Accounting, Tenth Canadian
Edition
5. Deferred/future 3, 4, 5, 6, 7, 5, 6, 7, 8, 9, 1, 3, 4, 5,
income tax 9, 10, 11 10, 11, 12, 6, 7, 8, 9,
balances. 13, 14, 15, 10, 11,
16, 17, 18 13, 14, 15
6. Multiple tax rates, 12 12, 16, 17, 2, 3, 4, 14 5, 6
tax rate changes. 19, 20
7. Loss carrybacks. 13, 14, 15, 21, 22, 23, 24 12
16, 17
Solutions Manual 18-2 Chapter 18
,Kieso, Weygandt, Warfield, Young, Wiecek, McConomy Intermediate Accounting, Tenth Canadian
Edition
ASSIGNMENT CLASSIFICATION TABLE (CONTINUED)
Brief Writing
Topics Exercises Exercises Problems Assignments
8. Loss carryforwards. 14, 15, 16, 22, 23, 24 12, 15
17
9. Valuation of 24, 25, 26
deferred/future tax
asset.
10. Presentation and 18, 19, 20, 24, 27, 28, 1, 2, 3, 4, 1
disclosure of 21 29, 30, 31 5, 6, 7, 8,
income taxes. 9, 10, 11,
12, 13,
14, 15
11. Differences 21, 22 18, 29, 30, 31 1, 2, 3, 5, 1, 2,3, 6, 7
between IFRS and 6, 7, 8, 9,
ASPE. 10, 11,
14
Please note: The simplifying assumption is made that all
companies in the end-of-chapter brief exercises,
exercises and problems use the term “deferred” rather
than “future” for the tax-related accounts, even when
applying ASPE.
Solutions Manual 18-3 Chapter 18
, Kieso, Weygandt, Warfield, Young, Wiecek, McConomy Intermediate Accounting, Tenth Canadian
Edition
ASSIGNMENT CHARACTERISTICS TABLE
Level of Time
Item Description Difficulty (minutes)
E18-1 Terminology, relationships, calculations, Simple 10-15
entries.
E18-2 One temporary difference through three Simple 10-15
years, one rate.
E18-3 Intraperiod tax allocation. Moderate 15-20
E18-4 Identify temporary or permanent differences E18-17 One temporary
and direction of adjustment. difference, future
E18-5 Two temporary differences, future taxable deductible
amounts, one rate, no beginning deferred amounts, change
taxes. in rate
E18-6 Two temporary differences, future taxable
amounts, one rate, beginning deferred
taxes.
E18-7 Two temporary differences, future taxable
amounts, change in rate.
E18-8 Reversing and permanent, future taxable
amounts, no beginning balances.
E18-9 One temporary difference, future taxable
amounts, one rate, no beginning deferred
taxes, prepare statements
E18-10 One temporary difference, future taxable
amounts, one rate, no beginning deferred
taxes.
E18-11 One temporary difference, future taxable
amounts, one rate, beginning deferred
taxes.
E18-12 One temporary difference, future taxable
amounts, change in rate.
E18-13 Permanent and reversing differences,
calculate taxable income, entry for income
taxes.
E18-14 One temporary difference, future
deductible amounts, one rate, beginning
deferred taxes.
E18-15 One temporary difference, future
deductible amounts, one rate, beginning
deferred taxes.
E18-16 One temporary difference, future taxable
amount becomes future deductible
amount, change in rate.
Solutions Manual 18-4 Chapter 18
Edition
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
INCOME TAXES
ASSIGNMENT CLASSIFICATION TABLE
Brief Writing
Topics Exercises Exercises Problems Assignments
1. Income taxes from 1 4
a business
perspective.
2. Difference between 2, 3, 4, 5 1, 2, 3, 4, 5, 1, 2, 3, 5, 1, 2, 3
accounting income 6, 7, 8, 9, 10, 6, 7, 8, 9,
and taxable 11, 12, 13, 10, 11,
income, calculate 14, 15, 16, 13, 14, 15
taxable income. 17, 18, 19
3. Taxable temporary 4, 6, 7 4, 5, 6, 7, 8, 1, 2, 3, 5,
differences, 9, 10, 11, 12 6, 7, 8, 9,
calculation of 13, 14, 15
deferred/future
income tax
liabilities.
4. Deductible 8, 9 4, 5, 6, 7, 8, 1, 2, 3, 5,
temporary 13, 14, 15, 6, 7, 8, 9,
differences, 16, 17 13, 14, 15
calculation of
deferred/future
income tax assets.
Solutions Manual 18-1 Chapter 18
,Kieso, Weygandt, Warfield, Young, Wiecek, McConomy Intermediate Accounting, Tenth Canadian
Edition
5. Deferred/future 3, 4, 5, 6, 7, 5, 6, 7, 8, 9, 1, 3, 4, 5,
income tax 9, 10, 11 10, 11, 12, 6, 7, 8, 9,
balances. 13, 14, 15, 10, 11,
16, 17, 18 13, 14, 15
6. Multiple tax rates, 12 12, 16, 17, 2, 3, 4, 14 5, 6
tax rate changes. 19, 20
7. Loss carrybacks. 13, 14, 15, 21, 22, 23, 24 12
16, 17
Solutions Manual 18-2 Chapter 18
,Kieso, Weygandt, Warfield, Young, Wiecek, McConomy Intermediate Accounting, Tenth Canadian
Edition
ASSIGNMENT CLASSIFICATION TABLE (CONTINUED)
Brief Writing
Topics Exercises Exercises Problems Assignments
8. Loss carryforwards. 14, 15, 16, 22, 23, 24 12, 15
17
9. Valuation of 24, 25, 26
deferred/future tax
asset.
10. Presentation and 18, 19, 20, 24, 27, 28, 1, 2, 3, 4, 1
disclosure of 21 29, 30, 31 5, 6, 7, 8,
income taxes. 9, 10, 11,
12, 13,
14, 15
11. Differences 21, 22 18, 29, 30, 31 1, 2, 3, 5, 1, 2,3, 6, 7
between IFRS and 6, 7, 8, 9,
ASPE. 10, 11,
14
Please note: The simplifying assumption is made that all
companies in the end-of-chapter brief exercises,
exercises and problems use the term “deferred” rather
than “future” for the tax-related accounts, even when
applying ASPE.
Solutions Manual 18-3 Chapter 18
, Kieso, Weygandt, Warfield, Young, Wiecek, McConomy Intermediate Accounting, Tenth Canadian
Edition
ASSIGNMENT CHARACTERISTICS TABLE
Level of Time
Item Description Difficulty (minutes)
E18-1 Terminology, relationships, calculations, Simple 10-15
entries.
E18-2 One temporary difference through three Simple 10-15
years, one rate.
E18-3 Intraperiod tax allocation. Moderate 15-20
E18-4 Identify temporary or permanent differences E18-17 One temporary
and direction of adjustment. difference, future
E18-5 Two temporary differences, future taxable deductible
amounts, one rate, no beginning deferred amounts, change
taxes. in rate
E18-6 Two temporary differences, future taxable
amounts, one rate, beginning deferred
taxes.
E18-7 Two temporary differences, future taxable
amounts, change in rate.
E18-8 Reversing and permanent, future taxable
amounts, no beginning balances.
E18-9 One temporary difference, future taxable
amounts, one rate, no beginning deferred
taxes, prepare statements
E18-10 One temporary difference, future taxable
amounts, one rate, no beginning deferred
taxes.
E18-11 One temporary difference, future taxable
amounts, one rate, beginning deferred
taxes.
E18-12 One temporary difference, future taxable
amounts, change in rate.
E18-13 Permanent and reversing differences,
calculate taxable income, entry for income
taxes.
E18-14 One temporary difference, future
deductible amounts, one rate, beginning
deferred taxes.
E18-15 One temporary difference, future
deductible amounts, one rate, beginning
deferred taxes.
E18-16 One temporary difference, future taxable
amount becomes future deductible
amount, change in rate.
Solutions Manual 18-4 Chapter 18
