CH10 - CHAPTER 10 Acquisition and Disposition of Property,...

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CHAPTER 10 Acquisition and Disposition of Property, Plant, and Equipment ASSIGNMENT CLASSIFICATION TABLE Topics Questions Brief Exercises Exercises Problems Cases 1. Valuation and classification of land, buildings, and equipment. 1, 2, 3, 4, 6, 7, 12, 13, 18 1 1, 2, 3, 4, 5, 13 1, 2, 3, 5 1, 2, 8 2. Self-constructed assets, capitalization of overhead. 5, 8, 20, 21 4, 6, 12 11 3 3. Capitalization of interest. 7, 9, 10, 13, 18 2, 3, 4 4, 5, 7, 8, 9, 10, 16 1, 5, 6, 7 4, 5 4. Exchanges of assets: a. Similar assets with cash payments. 12, 16, 17 10, 11 11, 16, 17, 18, 19, 20 4, 8, 9, 10 6 b. Dissimilar assets. 12, 16 8, 9 3, 17 9, 10, 12 6 5. Lump-sum purchases, issuance of stock, deferred payment contracts. 12, 14, 15 6, 7 3, 6, 11, 12, 13, 14, 15, 16 1, 12 7 6. Costs subsequent to acquisition. 16, 18, 19, 22 12 21, 22, 23 2 7. Alternative valuations. 23 5 3 8. Disposition of assets. 24 13, 14 24, 25 4 2 10-1
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ASSIGNMENT CHARACTERISTICS TABLE 10-2
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It e m Description Level of Diffic ulty Time (minu tes) E 10 -1 Acquisition costs of realty. Moder ate 15-20 E 10 -2 Acquisition costs of realty. Simpl e 10-15 E 10 -3 Acquisition costs of trucks. Simpl e 10-15 E 10 -4 Purchase and self-constructed cost of assets. Moder ate 20-25 E 10 -5 Treatment of various costs. Moder ate 30-40 E 10 -6 Correction of improper cost entries. Moder ate 15-20 E 10 -7 Capitalization of interest. Moder ate 20-25 E 10 -8 Capitalization of interest. Moder ate 20-25 E 10 -9 Capitalization of interest. Moder ate 20-25 E 10 - 10 Capitalization of interest. Moder ate 20-25 E 10 - 11 Entries for equipment acquisitions. Simpl e 10-15 E 10 - 12 Entries for asset acquisition, including self-construction. Simpl e 15-20 E 10 - 13 Entries for acquisition of assets. Simpl e 20-25 E 10 - 14 Purchase of equipment with noninterest-bearing debt. Moder ate 15-20 10-3
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E 10 - 15 Purchase of computer with noninterest-bearing debt. Moder ate 15-20 E 10 - 16 Acquisitions, exchanges. Moder ate 25-35 E 10 - 17 Nonmonetary exchange with boot. Simpl e 10-15 E 10 - 18 Nonmonetary exchange with boot. Moder ate 20-25 E 10 - 19 Nonmonetary exchange with boot. Moder ate 15-20 E 10 - 20 Nonmonetary exchange with boot. Moder ate 15-20 E 10 - 21 Analysis of subsequent expenditures. Moder ate 20-25 E 10 - 22 Analysis of subsequent expenditures. Simpl e 15-20 E 10 - 23 Analysis of subsequent expenditures. Simpl e 20-25 E 10 - 24 Entries for disposition of assets. Moder ate 20-25 E 10 - 25 Disposition of assets. Simpl e 15-20 P 10 -1 Classification of acquisition and other asset costs. Moder ate 35-40 P 10 -2 Classification of acquisition costs. Moder ate 40-55 10-4
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P 10 -3 Classification of land and building costs. Moder ate 35-45 P 10 -4 Dispositions, including condemnation, demolition, and trade-in. Moder
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This note was uploaded on 06/01/2008 for the course ACC 305 taught by Professor Gal during the Spring '08 term at Rutgers.

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CH10 - CHAPTER 10 Acquisition and Disposition of Property,...

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