CHAPTER 9
Long-Lived Assets
ASSIGNMENT CLASSIFICATION TABLE
Study Objectives Questions Brief Exercises Exercises Problems Set A Problems Set B 1.Determine the cost of property, plant, and equipment.
1, 2, 3, 4,
5
1, 2, 3, 4 1, 2, 3, 12 1, 2, 3, 4,
7
1, 2, 3, 4,
6 2.Explain and calculate depreciation.
6, 7, 8, 9,
10, 11
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 revisions.
10, 12,
13, 14, 15
10, 11 6, 7, 8 4, 5, 6, 12 4, 5, 6
4.Account for the disposal of property, plant, and equipment.
16, 17,
18, 19
12, 13, 14 9, 10 6, 7, 8, 9 6, 7, 8, 9
5.Calculate and record depreciation of natural resources.
20, 21 15 11 12 12
6.Identify the basic accounting issues for intangible assets and goodwill.
22, 23, 24 16 12, 13, 14 10, 11 10, 11
7.Illustrate the reporting and analysis of long-lived assets.
25, 26 17, 18, 19 15, 16 9, 11, 12,
13
9, 11, 12,
13 Accounting Principles 6th Canadian Edition (Volume 2) Weygandt Kieso Kimmel Trenholm Kinnear Barlow (Solutions Manual All Chapters, 100% Original Verified, A+ Grade) (Chapter 9-18) Solutions Manual 9-1 Chapter 9
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Weygandt, Kieso, Kimmel, Trenholm, Kinnear, Barlow Accounting Principles, Sixth 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 20-25 11A Record intangible asset transactions; prepare partial balance sheet.Moderate 30-40 12A Record natural resource transactions; prepare partial financial statements.Moderate 30-40 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, Kinnear, Barlow Accounting Principles, Sixth 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 20-25 11B Record intangible asset transactions; prepare partial balance sheet.Moderate 30-40 12B Record equipment, notes payable and natural resource transactions; prepare partial financial statements.Moderate 30-40 13B Calculate ratios and comment. Moderate 15-25 Solutions Manual 9-3 Chapter 9
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Weygandt, Kieso, Kimmel, Trenholm, Kinnear, Barlow Accounting Principles, Sixth Canadian Edition
BLOOM’S TAXONOMY TABLE
Correlation Chart between Bloom's Taxonomy, Study Objectives and End-of- Chapter Exercises and Problems
Study Objective Knowledge Comprehension Application Analysis Synthesis Evaluation
- Apply the cost
principle to property, plant, and equipment.
BE9-3 Q9-1
Q9-2 Q9-3 Q9-4 Q9-5
BE9-1 BE9-2 BE9-4 E9-1 E9-2 E9-3 E9-12 P9-1A P9-2A P9-3A P9-4A P9-1B P9-2B P9-3B P9-4B P9-6B
- Explain and
calculate depreciation.
Q9-8
Q9-6 Q9-7 Q9-9 Q9-10 Q9-11
BE9-5 BE9-6 BE9-7 BE9-8 BE9-9 E9-2 E9-3 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
- Revise periodic
depreciation.
Q9-10 Q9-12 Q9-13 Q9-14 Q9-15
BE9-10
BE9-11
E9-6 E9-7 E9-8 E9-12 P9-4A P9-5A P9-6A
P9-12A
P9-4B P9-5B P9-6B
P9-12B
- Account for the
disposal of property, plant, and equipment.
Q9-18 Q9-16
Q9-17 Q9-19
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
- Calculate and record
depreciation of natural resources.
Q9-20 Q9-21 BE9-15
E9-11
P9-12A
P9-12B
- Identify the basic
accounting issues for intangible assets.Q9-22 Q9-23 Q9-24
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.Q9-25
BE9-17
Q9-26 BE9-18
BE9-19
E9-15 P9-9A
P9-11A
P9-12A
P9-9B
P9-11B
P9-12B
E9-16
P9-13A
P9-13B
Broadening Your Perspective Continuing Cookie Chronicle
BYP9-1 BYP9-2
BYP9-3
BYP9-4 BYP9-5
BYP9-6
Solutions Manual 9-4 Chapter 9 .
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