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Accounting 2015

In: Business and Management

Submitted By fuckoffbk
Words 19044
Pages 77
Acquisition and Disposition of Property, Plant, and Equipment
Topics 1. Valuation and classification of land, buildings, and equipment. Self-constructed assets, capitalization of overhead. Capitalization of interest. Exchanges of assets Questions 1, 2, 3, 4, 6, 7, 12, 13, 21 5, 8, 20, 21 8, 9, 10, 11, 2, 3, 4 13, 21 12, 16, 17 8, 9, 10, 11, 12 5, 6, 7 Brief Exercises 1 Exercises 1, 2, 3, 4, 5, 13 4, 6, 12, 16 4, 5, 7, 8, 9, 10, 16 3, 11, 16, 17, 18, 19, 20 1, 5, 6, 7 4, 8, 9, 10, 11 Problems 1, 2, 3, 5 Concepts for Analysis 1, 6, 7

2. 3. 4.

2 3, 4 5


Lump-sum purchases, issuance of stock, deferredpayment contracts. Costs subsequent to acquisition. Alternative valuations. Disposition of assets.

12, 14, 15

3, 6, 11, 12, 2, 11 13, 14, 15, 16 21, 22, 23 3 1

6. 7. 8.

18, 19 22 23


14, 15

24, 25



Copyright © 2010 John Wiley & Sons, Inc.

Kieso, Intermediate Accounting, 13/e, Solutions Manual

(For Instructor Use Only)


Learning Objectives 1. 2. 3. 4. 5. Describe property, plant, and equipment. Identify the costs to include in initial valuation of property, plant, and equipment. Describe the accounting problems associated with self-constructed assets. Describe the accounting problems associated with interest capitalization. Understand accounting issues related to acquiring and valuing plant assets. Describe the accounting treatment for costs subsequent to acquisition. Describe the accounting treatment for the disposal of property, plant, and equipment. 2, 3, 4 5, 6, 7, 8, 9, 10, 11, 12 13 14, 15 1 1, 2, 3, 4, 5, 11, 12, 13 4, 5, 6, 11, 12 5, 6, 7, 8, 9, 10 11, 12, 13, 14, 15, 16, 17, 18, 19, 20 21, 22, 23 24, 25 2, 4, 11 1, 2, 3, 4, 5, 6, 11 3 5, 6, 7, 8, 9, 10, 11 3, 4 Brief Exercises Exercises...

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