Sylvia

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CHAPTER 9

Plant Assets, Natural Resources,
and Intangible Assets

ASSIGNMENT CLASSIFICATION TABLE

| | | | |Brief | | | |Learning | |Questions | |Exercises | |Do It! | |Objectives | | | | | | | | | | | | | | | |1A | |Determine acquisition costs of land and building. | |Simple | |20–30 | | | | | | | | | |2A | |Compute depreciation under different methods. | |Simple | |30–40 | | | | | | | | | |3A | |Compute depreciation under different methods. | |Moderate | |30–40 | | | | | | | | | |4A | |Calculate revisions to depreciation expense. | |Moderate | |20–30 | | | | | | | | | |5A | |Journalize a series of equipment transactions related to purchase, sale, retirement, | |Moderate | |40–50 | | | |and depreciation. | | | | | | | | | | | | | |6A | |Record disposals. | |Simple | |30–40 | | | | | | | | | |7A | |Prepare entries to record transactions related to acquisition and amortization of | |Moderate | |30–40 | | | |intangibles; prepare the intangible | | | | | | | |assets section. | | | | | | | | | | | | | |8A | |Prepare entries to correct errors made in recording and amortizing intangible assets.| |Moderate | |30–40 | | | | | | | | | |9A | |Calculate and comment on asset turnover ratio. | |Moderate | |5–10 | | | | | | | | | |1B | |Determine acquisition costs of land and building. | |Simple | |20–30 | |...
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