Weygandt, Kieso, Kimmel, Trenholm, Warren, Novak
br br br br br br Accounting Principles, Tenth Canadian br br br
Edition
SOLUTION MANUAL FOR br br
Accounting Principles, Volume 2, 10th Canadian Edition Jerry J. Weygandt, Paul
br br br br br br br br br br br
D. Kimmel, Jill E. Mitchell, Valerie Warren, Lori Novak
br br br br br br br br
Chapter 9-18 br
CHAPTER 9 br
Long-Lived Assets br
Learning Objectives br
1. Calculate the cost of property, plant, and equipment. br br br br br br br
2. Apply depreciation methods to property, plant, and e
br br br br br br br
quipment.
3. Explain the factors that cause changes in periodic depreciatio
br br br br br br br br
n and calculate revised depreciation for property, plant, and e
br br br br br br br br br
quipment.
4. Demonstrate how to account for property, plant, and e br br br br br br br br
quipment disposals. br
5. Record natural resource transactions and compute depletion.
br br br br br br
6. Identify the basic accounting issues for intangible assets and g
br br br br br br br br br
oodwill.
7. Illustrate the reporting and analysis of long-lived assets.
br br br br br br br
Solutions Manual
br 10.1 Chapter 10 br
© 2022 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is prohibited.
br br br br br br br br br br br br br br br br br
, Weygandt, Kieso, Kimmel, Trenholm, Warren, Novak
br br br br br br Accounting Principles, Tenth Canadian
br br br
Edition
Summary of Questions by Learning Objectives and Bloom‘s Taxonomy
br br br br br br br br
Item LO BT Item LO BT Item LO BT Item LO BT Item LO BT
Questions
1. 1 K 6. 2 C 11. 3 C 16. 4 K 21. 6 C
2. 1 K 7. 2 K 12. 3 K 17. 4 C 22. 6 C
3. 1 C 8. 2 C 13. 3 C 18. 5 K 23. 7 K
4. 1 C 9. 2,3 K 14. 4 C 19. 5 C 24. 7 C
5. 1 C 10. 3 C 15. 4 C 20. 6 C
Brief Exercises
br
1. 1 AP 6. 2 AP 11. 3 AP 16. 5 AP 21. 7 AN
2. 1 AP 7. 2 AP 12. 3 AP 17. 5,7 AP
3. 1 K 8. 2 AP 13. 4 AP 18. 6 AP
4. 1 AP 9. 2 AP 14. 4 AP 19. 6,7 AP
5. 2 AP 10. 2 AP 15. 4 AP 20 7 AP
Exercises
1. 1 AP 5. 2 AP 9. 3 AP 13. 5 AP 17 2,7 AP
2. 1,2 AP 6. 2 AP 10. 3 AP 14. 1,2,6 AP 18. 7 AN
3. 1,2 C 7. 2 AP 11. 4 AP 15. 6 AP
4. 2 AP 8 3 AP 12. 4 AP 16. 6 AP
Problems
1. 1 AP 4. 1,3 AP 7. 1,2,3,4 AP 10. 2,4,7 AP 13. 3,5,7 AP
2. 1,2 AP 5. 2 AP 8. 2,4 AP 11. 6 AP 14. 7 AN
3. 1,2 AP 6. 3 AP 9. 2,4 AP 12. 6,7 AP
Solutions Manual
br 10.2 Chapter 10 br
© 2022 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is prohibited.
br br br br br br br br br br br br br br br br br
,Weygandt, Kieso, Kimmel, Trenholm, Warren, Novak
br br br br br br Accounting Principles, Tenth Canadian br br br
Edition
Legend: The following abbreviations will appear throughout the solutions m
br br br br br br br br br
anual file. br
LO Learning objective br
Bloom's
BT Taxonomy
K Knowledge
C Comprehension
AP Application
AN Analysis
S Synthesis
E Evaluation
Difficulty: Level of difficulty
br br
S Simple
M Moderate
C Complex
Time: Estimated time to complete in minutes br br br br br
AACSB Association to Advance Collegiate Schools of Business br br br br br br
Communication Communication
Ethics Ethics
Analytic Analytic
Tech. Technology
Diversity Diversity
Reflec. Thinking Reflective Thinking
br br
CPA CM br CPA Canada Competency Map
br br br
Ethics Professional and Ethical Behaviour br br br
PS and DM
br Problem-Solving and Decision-Making
br br br
Comm. Communication
Self-Mgt. Self-Management
Team & Lead Teamwork and Leadership
br br br br
Reporting Financial Reporting br
Stat. & Gov.br Strategy and Governance
br br br
Mgt. Accounting
br Management Accounting br
Audit Audit and Assurance br br
Finance Finance
Tax Taxation
Solutions Manual
br 10.3 Chapter 10 br
© 2022 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is prohibited.
br br br br br br br br br br br br br br br br br
, Weygandt, Kieso, Kimmel, Trenholm, Warren, Novak
br br br br br br Accounting Principles, Tenth Canadian
br br br
Edition
Solutions Manual
br 10.4 Chapter 10 br
© 2022 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is prohibited.
br br br br br br br br br br br br br br br br br
br br br br br br Accounting Principles, Tenth Canadian br br br
Edition
SOLUTION MANUAL FOR br br
Accounting Principles, Volume 2, 10th Canadian Edition Jerry J. Weygandt, Paul
br br br br br br br br br br br
D. Kimmel, Jill E. Mitchell, Valerie Warren, Lori Novak
br br br br br br br br
Chapter 9-18 br
CHAPTER 9 br
Long-Lived Assets br
Learning Objectives br
1. Calculate the cost of property, plant, and equipment. br br br br br br br
2. Apply depreciation methods to property, plant, and e
br br br br br br br
quipment.
3. Explain the factors that cause changes in periodic depreciatio
br br br br br br br br
n and calculate revised depreciation for property, plant, and e
br br br br br br br br br
quipment.
4. Demonstrate how to account for property, plant, and e br br br br br br br br
quipment disposals. br
5. Record natural resource transactions and compute depletion.
br br br br br br
6. Identify the basic accounting issues for intangible assets and g
br br br br br br br br br
oodwill.
7. Illustrate the reporting and analysis of long-lived assets.
br br br br br br br
Solutions Manual
br 10.1 Chapter 10 br
© 2022 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is prohibited.
br br br br br br br br br br br br br br br br br
, Weygandt, Kieso, Kimmel, Trenholm, Warren, Novak
br br br br br br Accounting Principles, Tenth Canadian
br br br
Edition
Summary of Questions by Learning Objectives and Bloom‘s Taxonomy
br br br br br br br br
Item LO BT Item LO BT Item LO BT Item LO BT Item LO BT
Questions
1. 1 K 6. 2 C 11. 3 C 16. 4 K 21. 6 C
2. 1 K 7. 2 K 12. 3 K 17. 4 C 22. 6 C
3. 1 C 8. 2 C 13. 3 C 18. 5 K 23. 7 K
4. 1 C 9. 2,3 K 14. 4 C 19. 5 C 24. 7 C
5. 1 C 10. 3 C 15. 4 C 20. 6 C
Brief Exercises
br
1. 1 AP 6. 2 AP 11. 3 AP 16. 5 AP 21. 7 AN
2. 1 AP 7. 2 AP 12. 3 AP 17. 5,7 AP
3. 1 K 8. 2 AP 13. 4 AP 18. 6 AP
4. 1 AP 9. 2 AP 14. 4 AP 19. 6,7 AP
5. 2 AP 10. 2 AP 15. 4 AP 20 7 AP
Exercises
1. 1 AP 5. 2 AP 9. 3 AP 13. 5 AP 17 2,7 AP
2. 1,2 AP 6. 2 AP 10. 3 AP 14. 1,2,6 AP 18. 7 AN
3. 1,2 C 7. 2 AP 11. 4 AP 15. 6 AP
4. 2 AP 8 3 AP 12. 4 AP 16. 6 AP
Problems
1. 1 AP 4. 1,3 AP 7. 1,2,3,4 AP 10. 2,4,7 AP 13. 3,5,7 AP
2. 1,2 AP 5. 2 AP 8. 2,4 AP 11. 6 AP 14. 7 AN
3. 1,2 AP 6. 3 AP 9. 2,4 AP 12. 6,7 AP
Solutions Manual
br 10.2 Chapter 10 br
© 2022 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is prohibited.
br br br br br br br br br br br br br br br br br
,Weygandt, Kieso, Kimmel, Trenholm, Warren, Novak
br br br br br br Accounting Principles, Tenth Canadian br br br
Edition
Legend: The following abbreviations will appear throughout the solutions m
br br br br br br br br br
anual file. br
LO Learning objective br
Bloom's
BT Taxonomy
K Knowledge
C Comprehension
AP Application
AN Analysis
S Synthesis
E Evaluation
Difficulty: Level of difficulty
br br
S Simple
M Moderate
C Complex
Time: Estimated time to complete in minutes br br br br br
AACSB Association to Advance Collegiate Schools of Business br br br br br br
Communication Communication
Ethics Ethics
Analytic Analytic
Tech. Technology
Diversity Diversity
Reflec. Thinking Reflective Thinking
br br
CPA CM br CPA Canada Competency Map
br br br
Ethics Professional and Ethical Behaviour br br br
PS and DM
br Problem-Solving and Decision-Making
br br br
Comm. Communication
Self-Mgt. Self-Management
Team & Lead Teamwork and Leadership
br br br br
Reporting Financial Reporting br
Stat. & Gov.br Strategy and Governance
br br br
Mgt. Accounting
br Management Accounting br
Audit Audit and Assurance br br
Finance Finance
Tax Taxation
Solutions Manual
br 10.3 Chapter 10 br
© 2022 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is prohibited.
br br br br br br br br br br br br br br br br br
, Weygandt, Kieso, Kimmel, Trenholm, Warren, Novak
br br br br br br Accounting Principles, Tenth Canadian
br br br
Edition
Solutions Manual
br 10.4 Chapter 10 br
© 2022 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is prohibited.
br br br br br br br br br br br br br br br br br