ACCT 343 Lecture 1: 343_CourseGuideW18 (1)
ACCOUNTING 343/643 COURSE GUIDE – WINTER 2018
Contents
SUGGESTED PROBLEMS AND ADDITIONAL QUESTIONS BY CHAPTER ........................................................................ 2
CHAPTER 20 – Leases – Recommended Questions and Solutions ............................................................................. 3
CHAPTER 13 – Non-Financial and Current Liabilities – Recommended Questions and Solutions ........................... 21
CHAPTER 14 – Long-Term Financial Liabilities – Recommended Questions and Solutions ..................................... 35
CHAPTER 19 – Pensions and Other Post-Employment Benefits – Recommended Questions and Solutions .......... 48
CHAPTER 18 – Income Taxes – Recommended Questions and Solutions ............................................................... 63
CHAPTER 15 – Shareholders’ Equity – Recommended Questions and Solutions .................................................... 91
CHAPTER 16 – Complex Financial Instruments – Recommended Questions and Solutions .................................... 99
CHAPTER 17 – Earnings per Share – Recommended Questions and Solutions ..................................................... 104
CHAPTER 22 – Statement of Cash Flows – Recommended Questions and Solutions ........................................... 112
CHAPTER 21 – Accounting Changes & Error Analysis – Recommended Questions and Solutions ........................ 133
CHAPTER 23 – Other Measurement & Disclosure Issues – Recommended Questions and Solutions .................. 140
WRITING CASES IN ACCOUNTING 343 ...................................................................................................................... 141
HINTS FOR USING EXCEL ........................................................................................................................................... 147
HINTS FOR USING WORD .......................................................................................................................................... 148
ACCT 343 Winter 2018
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SUGGESTED PROBLEMS AND ADDITIONAL QUESTIONS BY CHAPTER
Recommended Questions from the textbook: This section of the course guide contains a list of the brief exercises,
exercises and problems that we recommend students use to practice the concepts taught in this course. You can do
more questions from the textbook than we have recommended because the entire solution manual for the textbook
is on the D2L website.
Additional Practice Questions: This document also contains additional problems for each chapter, many of which
are old exam questions. Consequently, all available questions from old exams are included in this document.
Should you find an error with the solutions to any textbook or practice questions, please contact your instructor.
ACCT 343 Winter 2018
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CHAPTER 20 – Leases – Recommended Questions and Solutions
Please note - In class, we will not do any examples with executory costs so there are some questions
below that deal with this.
TOPIC
BRIEF EXERCISES
EXERCISES
PROBLEMS
Lease Classification – Capital vs. Operating
Capital Lease – Lessee (IFRS)
Capital Lease – Lessee (ASPE)
Capital Lease – Lessor
Sale Leaseback
Real Estate Lease
3, 4
8, 9
11, 12
13, 14, 15
19
20
1, 3, 7
6
3, 7, 10
18
3
4, 13
Textbook Errors
Pg. 1235
Illus. 20-7
The final credit should be to “Lease Liability” not “Interest Payable”
Pg. 1238
In the final journal entry (under ASPE), the credit can be to “Interest Payable”
(as currently shown on that page) or to “Obligations under Lease”.