ASSIGNMENT CLASSIFICATION TABLE

ASSIGNMENT CLASSIFICATION TABLE

Learning Objectives Questions Brief Exercises Exercises Problems Set A Problems Set B 1.Calculate the cost of property, plant, and equipment.

1, 2, 3, 4,

5

1, 2, 3, 4 1, 2, 3, 12 1, 2, 3, 4,

6

1, 2, 3, 4,

6 2.Apply depreciation methods to property, plant, and equipment.

6, 7, 8, 9, 5, 6, 7, 8,

9

2, 3, 4, 5,

12

2, 3, 6, 7,

8, 9

2, 3, 6, 7,

8, 9, 12

3.Explain the factors that cause changes in periodic depreciation and calculate revised depreciation for property, plant, and equipment.

9, 10, 11,

12, 13,

10, 11 6, 7, 8 4, 5, 6, 12 4, 5, 6

4.Demonstrate how to account for property, plant, and equipment disposals.

14, 15,

16, 17,

12, 13, 14 9, 10 6, 7, 8, 9 6, 7, 8, 9

5.Record natural resource transactions and calculate depletion.

18, 19, 20 15 11 12 12

6.Identify the basic accounting issues for intangible assets and goodwill.

21, 22 16 12, 13, 14 10, 11 10, 11

7.Illustrate the reporting and analysis of long-lived assets.

23, 24 17, 18, 19 15, 16 9, 11, 12,

13

9, 11, 12,

13 Accounting Principles 7th Canadian Edition, (Volume 2) 7e Weygandt Donald Kieso Kimmel Trenholm Warren Novak (Solutions Manual All Chapters, 100% Original Verified, A+ Grade) (Chapter 9-18)

CHAPTER 9

Long-Lived Assets Solutions Manual 9-1 Chapter 9

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Weygandt, Kieso, Kimmel, Trenholm, Warren, Novak Accounting Principles, Seventh Canadian Edition

ASSIGNMENT CHARACTERISTICS TABLE

Problem Number

Description

Difficulty Level

Time Allotted (min.)

1A Record property transactions.

Simple 20-30 2A Allocate cost and calculate partial period depreciation.

Moderate 20-30 3A Determine cost; calculate and compare depreciation under different methods.

Moderate 30-40 4A Account for operating and capital expenditures and asset impairments.

Moderate 20-30 5A Record impairment and calculate revised depreciation.

Moderate 20-30 6A Record acquisition, depreciation, impairment and disposal of land and building.

Moderate 25-35 7A Calculate and compare depreciation and gain or loss on disposal under three methods of depreciation.

Moderate 30-40 8A Record acquisition, depreciation and disposal of equipment.

Moderate 30-40 9A Record property, plant and equipment transactions; prepare partial financial statements.

Complex 40-50 10A Correct errors in recording intangible asset transactions.

Complex 15-20 11A Record intangible asset transactions; prepare partial balance sheet.

Moderate 30-40 12A Record natural resource transactions; prepare partial financial statements.

Moderate 25-30 13A Calculate ratios and comment.

Moderate 15-25 1B Record property transactions.

Simple 20-30 2B Allocate cost and calculate partial period depreciation.

Moderate 20-30 3B Determine cost; calculate and compare depreciation under different methods.

Moderate 30-40 4B Account for operating and capital expenditures and asset impairments.

Moderate 20-30 5B Record impairment and calculate revised depreciation.

Moderate 20-30 6B Record acquisition, depreciation, impairment and disposal of land and buildings.

Moderate 25-35 Solutions Manual 9-2 Chapter 9

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Weygandt, Kieso, Kimmel, Trenholm, Warren, Novak Accounting Principles, Seventh Canadian Edition

ASSIGNMENT CHARACTERISTICS TABLE (Continued)

Problem Number

Description

Difficulty Level

Time Allotted (min.)

7B Calculate and compare depreciation and gain or loss on disposal under three methods of depreciation.

Moderate 30-40 8B Record acquisition, depreciation and disposal of furniture.

Moderate 30-40 9B Record property, plant and equipment transactions; prepare partial financial statements.

Complex 40-50 10B Correct errors in recording intangible asset transactions.

Complex 15-20 11B Record intangible asset transactions; prepare partial balance sheet.

Moderate 30-40 12B Record equipment, note payable, and natural resource transactions; prepare partial financial statements.

Moderate 25-30 13B Calculate ratios and comment.

Moderate 15-25

Solutions Manual 9-3 Chapter 9

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Weygandt, Kieso, Kimmel, Trenholm, Warren, Novak Accounting Principles, Seventh Canadian Edition

BLOOM’S TAXONOMY TABLE

Correlation Chart between Bloom's Taxonomy, Study Objectives and End-of- Chapter Exercises and Problems

Learning Objective Knowledge Comprehension Application Analysis Synthesis Evaluation

• Calculate the cost of

property, plant, and equipment.

Q9-1 Q9-2 BE9-3 Q9-3 Q9-4 Q9-5 E9-3 BE9-1 BE9-2 BE9-4 E9-1 E9-2 E9-12 P9-1A P9-2A P9-3A P9-4A P9-6A P9-1B P9-2B P9-3B P9-4B P9-6B

• Apply depreciation

methods to property, plant, and equipment.

Q9-7 Q9-9

Q9-6 Q9-8 Q9-10 Q9-11 E9-3 BE9-5 BE9-6 BE9-7 BE9-8 BE9-9 E9-2 E9-4 E9-5 E9-12 P9-2A P9-3A P9-6A P9-7A P9-8A P9-9A P9-2B P9-3B P9-6B P9-7B P9-8B P9-9B

P9-12B

• Explain the factors

that cause changes in periodic depreciation and calculate revised depreciation for property, plant, and equipment.

Q9-9 Q9-12 Q9-10 Q9-11 Q9-13

BE9-10

BE9-11

E9-6 E9-7 E9-8 P9-4A P9-5A P9-6A

P9-12A

P9-4B P9-5B P9-6B

• Demonstrate how to

account for property, plant, and equipment disposals.

Q9-16 Q9-14

Q9-15 Q9-17

BE9-12

BE9-13

BE9-14

E9-9 E9-10 P9-6A P9-7A P9-8A P9-9A P9-6B P9-7B P9-8B P9-9B

• Record natural

resource transactions and calculate depletion.

Q9-18 Q9-19

Q9-20

BE9-15

E9-11

P9-12A

P9-12B

• Identify the basic

accounting issues for intangible assets and goodwill.Q9-21 Q9-22

BE9-16

E9-12 E9-13 E9-14

P9-10A

P9-11A

P9-10B

P9-11B

• Illustrate the reporting

and analysis of long- lived assets.Q9-23

BE9-17

Q9-24 BE9-18

BE9-19

E9-15 P9-9A

P9-11A

P9-12A

P9-9B

P9-11B

P9-12B

E9-16

P9-13A

P9-13B

Solutions Manual 9-4 Chapter 9 .

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