ch10solution - CHAPTER 10 Acquisition and Disposition of...

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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, 6, 7 2. Self-constructed assets, capitalization of overhead. 5, 8, 20, 21 4, 6, 12 2 3. Capitalization of interest. 7, 9, 10, 13, 18 2, 3, 4 4, 5, 7, 8, 9, 10, 16 1, 5, 6, 7 3, 4 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 5 b. Dissimilar assets. 12, 16 8, 9 3, 17 9, 10, 11 5 5. Lump-sum purchases, issuance of stock, deferred payment contracts. 12, 14, 15 6, 7 3, 6, 11, 12, 13, 14, 15, 16 1, 11 6. Costs subsequent to acquisition. 16, 18, 19, 22 12 21, 22, 23 1 7. Alternative valuations. 23 5 3 8. Disposition of assets. 24 13, 14 24, 25 4 1 10-1
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ASSIGNMENT CHARACTERISTICS TABLE 10-2
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It e m Description Level of Difficu lty Time (minut es) E 10 -1 Acquisition costs of realty. Moder ate 15-20 E 10 -2 Acquisition costs of realty. Simple 10-15 E 10 -3 Acquisition costs of trucks. Simple 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. Simple 10-15 E 10 - 12 Entries for asset acquisition, including self-construction. Simple 15-20 E 10 - 13 Entries for acquisition of assets. Simple 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. Simple 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. Simple 15-20 E 10 - 23 Analysis of subsequent expenditures. Simple 20-25 E 10 - 24 Entries for disposition of assets. Moder ate 20-25 E 10 - 25 Disposition of assets. Simple 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 P 10 -3 Classification of land and building costs. Moder ate 35-45 10-4
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P 10 -4 Dispositions, including condemnation, demolition, and trade-in. Moder ate 35-40 P 10 -5 Classification of costs and interest capitalization. Moder ate 20-30 P 10 -6 Acquisition cost, capitalization of interest. Moder ate 25-35 P 10 -7 Capitalization of interest, disclosures. Moder ate 20-30 P 10 -8 Nonmonetary exchanges with boot. Moder ate 35-45 P 10 -9 Nonmonetary exchanges with boot. Moder ate 30-40 P 10 - 10 Nonmonetary exchanges with boot. Moder ate 30-40 P 10 - 11 Purchases by deferred payment, lump-sum, and nonmonetary exchange.
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  • Spring '08
  • Friday
  • Depreciation, ........., Generally Accepted Accounting Principles

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