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Guerrero Advanced Accounting 1 PDF

This document contains a list of practice problems and solutions for an Advanced Accounting 1 course covering partnerships, corporate liquidation, and troubled debt restructuring. For partnerships, there are 25 problems listed with solutions ranging from 1-C to 5-22.3 B. Corporate liquidation covers 10 problems from 7-6 A to 7-30.2 A. Troubled debt restructuring has 4 problems with solutions of 8-7 A through 8-20 B.
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0% found this document useful (0 votes)
227 views2 pages

Guerrero Advanced Accounting 1 PDF

This document contains a list of practice problems and solutions for an Advanced Accounting 1 course covering partnerships, corporate liquidation, and troubled debt restructuring. For partnerships, there are 25 problems listed with solutions ranging from 1-C to 5-22.3 B. Corporate liquidation covers 10 problems from 7-6 A to 7-30.2 A. Troubled debt restructuring has 4 problems with solutions of 8-7 A through 8-20 B.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Advanced Accounting 1 – Guerrero/Peralta

Partnership (25 problems)


1-22 C
1-31 C
1-32 B
1-33 B
2-14 B
2-15 A
2-19 A
2-24 D
2-37 A
2-38 B
2-40 A
3-30.1 B
3-30.2 B
3-30.3 B
3-30.4 D
3-32.1 A
3-32.2 A
3-32.3 B
3-32.4 B
4-17 D
4-18 D
4-21 A
4-25 C
4-26 A
5-10 A
5-11 D
5-13 C
5-15 A
5-16 A
5-17 B
5-18 B
5-19 B
5-20 A
5-21 B
5-22.1 B
5-22.2 A
5-22.3 B
Corporate Liquidation (10 problems)
7-6 A
7-7 C
7-9 A
7-10 C*
7-11 B
7-18 D*
7-23 A
7-24 A*
7-25 A*
7-29.1 C
7-29.2 A
7-29.3 A
7-30.1 A
7-30.2 A
*proposed question: estimated deficiency to unsecured liabilities without priority.
(instead of estimated deficiency to unsecured creditors)

Trouble Debt Restructuring (4 problems)


8-7 A
8-18 A
8-19.1 B
8-19.2 A
8-20 B

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