KiesoIA_15e_SM_Ch21
CHAPTER 21
Accounting for Leases
ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC)
Brief
Exercises
Topics
Questions
*1.
Rationale for leasing.
1, 2, 4
*2.
Lessees; classification of leases; accounting by lessees. 3, 5, 7,
8, 14
*3.
Disclosure of leases.
19
*4.
Lessors; classification of leases; accounting by lessors. 5, 6, 9, 10,
11, 12, 13
6, 7, 8, 11
*5.
Residual values; bargainpurchase options; initial direct costs.
15, 16,
17, 18
*6.
Sale-leaseback.
20
Exercises
Problems
Concepts for Analysis
1, 2
1, 2, 3,
4, 5
1, 2, 3,
5, 7, 8,
11, 12,
13, 14
1, 2, 3, 4,
1, 2, 3,
6, 7, 8, 9,
4, 5, 6
11, 12, 14,
15, 16
2, 4, 5,
7, 8
2, 3, 5
4, 5, 6, 7,
9, 10, 12,
13, 14
1, 2, 3, 5,
10, 16
2, 4
9, 10
4, 8,
9, 10
6, 7, 10,
11, 13,
14, 15
5, 6
12
15, 16
7
*This material is dealt with in an Appendix to the chapter.
Copyright © 2013 John Wiley & Sons, Inc.
Kieso, Intermediate Accounting, 15/e, Solutions Manual
(For Instructor Use Only)
21-1
ASSIGNMENT CLASSIFICATION TABLE (BY LEARNING OBJECTIVE)
Questions
Learning Objectives
Brief
Exercises
Exercises
Problems Concepts for Analysis
1. Explain the nature, economic substance, and advantages of lease transactions. 1, 2
2. Describe the accounting criteria and procedures for capitalizing leases by the lessee.
3, 4, 5, 6
1, 2, 3, 4
1, 2, 3,
5, 11
1, 3, 4, 6,
7, 8, 9,
11, 12,
14, 15, 16
CA21-1,
CA21-2
3. Contrast the operating and capitalization methods of recording leases. 7, 8
5
5, 12,
13, 14
2, 15
CA21-3
4. Explain the advantages and economics of leasing to lessors and identify the classifications of leases for the lessor.
9
6, 7, 8
12, 13, 14
2, 10, 13,
16
CA21-4
5. Describe the lessor’s accounting for directfinancing leases.
10
6, 7
4, 10
5
6. Identify special features
Accounting for Leases
ASSIGNMENT CLASSIFICATION TABLE (BY TOPIC)
Brief
Exercises
Topics
Questions
*1.
Rationale for leasing.
1, 2, 4
*2.
Lessees; classification of leases; accounting by lessees. 3, 5, 7,
8, 14
*3.
Disclosure of leases.
19
*4.
Lessors; classification of leases; accounting by lessors. 5, 6, 9, 10,
11, 12, 13
6, 7, 8, 11
*5.
Residual values; bargainpurchase options; initial direct costs.
15, 16,
17, 18
*6.
Sale-leaseback.
20
Exercises
Problems
Concepts for Analysis
1, 2
1, 2, 3,
4, 5
1, 2, 3,
5, 7, 8,
11, 12,
13, 14
1, 2, 3, 4,
1, 2, 3,
6, 7, 8, 9,
4, 5, 6
11, 12, 14,
15, 16
2, 4, 5,
7, 8
2, 3, 5
4, 5, 6, 7,
9, 10, 12,
13, 14
1, 2, 3, 5,
10, 16
2, 4
9, 10
4, 8,
9, 10
6, 7, 10,
11, 13,
14, 15
5, 6
12
15, 16
7
*This material is dealt with in an Appendix to the chapter.
Copyright © 2013 John Wiley & Sons, Inc.
Kieso, Intermediate Accounting, 15/e, Solutions Manual
(For Instructor Use Only)
21-1
ASSIGNMENT CLASSIFICATION TABLE (BY LEARNING OBJECTIVE)
Questions
Learning Objectives
Brief
Exercises
Exercises
Problems Concepts for Analysis
1. Explain the nature, economic substance, and advantages of lease transactions. 1, 2
2. Describe the accounting criteria and procedures for capitalizing leases by the lessee.
3, 4, 5, 6
1, 2, 3, 4
1, 2, 3,
5, 11
1, 3, 4, 6,
7, 8, 9,
11, 12,
14, 15, 16
CA21-1,
CA21-2
3. Contrast the operating and capitalization methods of recording leases. 7, 8
5
5, 12,
13, 14
2, 15
CA21-3
4. Explain the advantages and economics of leasing to lessors and identify the classifications of leases for the lessor.
9
6, 7, 8
12, 13, 14
2, 10, 13,
16
CA21-4
5. Describe the lessor’s accounting for directfinancing leases.
10
6, 7
4, 10
5
6. Identify special features