Codification Research Case (Continued)
CHAPTER 9
Acquisition and Disposition
of Property, Plant, and Equipment
Assignment Classification Table (By Topic)
Brief Critical
Topics Questions Exercises Exercises Problems Thinking
1. Valuation and classification 1, 2, 3, 4, 1, 2, 3 1, 2, 3, 4, 1, 2, 3, 4, 1, 5, 6
of land, buildings, and 6, 7, 8, 14, 5, 6, 14 5, 6
equipment. 22
2. Self-constructed assets, 5, 9, 21, 22 4, 7, 13, 17 2
capitalization of overhead.
3. Capitalization of interest. 6, 9, 10, 11, 4, 5, 6 6, 8, 9, 10, 6, 7, 8 3
12, 22 11, 17
4. Exchanges of assets. 13, 17, 18 10, 11, 12, 12, 17, 18, 5, 9, 10, 4
13, 14 19, 20, 23 11, 12
5. Lump-sum purchases, 13, 14, 15, 7, 8, 9 3, 12, 13, 3, 12
issuance of stock, 16 14, 15, 16,
deferred-payment 17
contracts.
6. Costs subsequent to 19, 20 15 22, 23, 24
acquisition.
7. Alternative valuations. 23 13 4
8. Disposition of assets. 24 16, 17 25, 26 5 1
*9. Accounting for 25, 26 18, 19, 20 7, 13, 25 5
contributions
Copyright © 2022 John Wiley & Sons, Inc. Kieso, Intermediate Accounting, 18/e, Solutions Manual (For Instructor Use Only) 14-1-623
,
,Assignment Classification Table (By Learning Objective)
Learning Objectives Brief Critical
Questions Exercises Exercises Problems Thinking
1. Identify property, 1, 2, 3, 4, 5, 6, 7, 8, 1, 2, 3 1, 2, 3, 4, 1, 2, 3, 4, 1, 2, 5, 6
plant, and 21, 22 5, 6, 7, 12, 5, 6, 7, 12
equipment and its 13, 14
related costs.
2. Discuss the 6, 9, 10, 11, 12, 22 4, 5, 6 6, 8, 9, 6, 7, 8 3
accounting 10, 11, 17
problems
associated with
interest
capitalization.
3. Explain the 13, 14, 15, 16, 17, 7, 8, 9, 10, 7, 12, 13, 4, 5, 9, 10, 4
accounting issues 18, 11, 12, 13, 14, 15, 16, 11, 12
related to acquiring 14 17, 18, 19,
and valuing plant 20, 21
assets.
4. Describe the 19, 20 15 22, 23, 24
accounting
treatment for costs
subsequent to
acquisition.
5. Describe the 23, 24 16, 17 23, 25, 26 3, 5 1
accounting
treatment for the
disposal of property,
plant, and
equipment.
*6 Describe the 25, 26 18, 19, 20 7, 13, 25 5
accounting for
contributions.
Copyright © 2022 John Wiley & Sons, Inc. Kieso, Intermediate Accounting, 18/e, Solutions Manual (For Instructor Use Only) 14-1-623
, Assignment Characteristics Table
Level of Time
Item Description Difficulty (minutes)
E9.1 Acquisition costs of realty. Moderate 15–20
E9.2 Acquisition costs of realty. Moderate 10–15
E9.3 Acquisition costs of trucks. Moderate 10–15
E9.4 Purchase and self-constructed cost of assets. Moderate 20–25
E9.5 Asset retirement obligation Moderate 10–15
E9.6 Treatment of various costs. Moderate 30–40
E9.7 Correction of improper cost entries. Moderate 15–20
E9.8 Capitalization of interest. Difficult 20–25
E9.9 Capitalization of interest. Moderate 20–25
E9.10 Capitalization of interest. Moderate 20–25
E9.11 Capitalization of interest. Moderate 20–25
E9.12 Entries for equipment acquisitions. Moderate 10–15
E9.13 Entries for asset acquisition, including self-construction. Difficult 15–20
E9.14 Entries for acquisition of assets. Moderate 20–25
E9.15 Purchase of equipment with zero-interest-bearing debt. Difficult 15–20
E9.16 Purchase of computer with zero-interest-bearing debt. Moderate 15–20
E9.17 Asset acquisition. Difficult 25–35
E9.18 Nonmonetary exchange. Difficult 10–15
E9.19 Nonmonetary exchange. Difficult 20–25
E9.20 Nonmonetary exchange. Difficult 15–20
E9.21 Nonmonetary exchange. Difficult 15–20
E9.22 Analysis of subsequent expenditures. Moderate 20–25
E9.23 Analysis of subsequent expenditures. Difficult 15–20
E9.24 Analysis of subsequent expenditures. Moderate 10–15
E9.25 Entries for disposition of assets. Moderate 20–25
E9.26 Disposition of assets. Moderate 15–20
P9.1 Classification of acquisition and other asset costs. Moderate 35–40
P9.2 Asset retirement obligation. Moderate 20–25
P9.3 Classification of acquisition costs. Difficult 40–55
P9.4 Classification of land and building costs. Difficult 35–45
P9.5 Dispositions, including condemnation, demolition, and Moderate 35–40
trade-in.
P9.6 Classification of costs and interest capitalization. Moderate 20–30
P9.7 Interest during construction. Difficult 25–35
P9.8 Capitalization of interest. Moderate 20–30
P9.9 Nonmonetary exchanges. Difficult 35–45
P9.10 Nonmonetary exchanges. Difficult 30–40
P9.11 Nonmonetary exchanges. Difficult 30–40
P9.12 Purchases by deferred payment, lump-sum, and Moderate 35–45
nonmonetary exchanges.
14-1-624 Copyright © 2022 John Wiley & Sons, Inc. Kieso, Intermediate Accounting, 18/e, Solutions Manual (For Instructor Use Only)
CHAPTER 9
Acquisition and Disposition
of Property, Plant, and Equipment
Assignment Classification Table (By Topic)
Brief Critical
Topics Questions Exercises Exercises Problems Thinking
1. Valuation and classification 1, 2, 3, 4, 1, 2, 3 1, 2, 3, 4, 1, 2, 3, 4, 1, 5, 6
of land, buildings, and 6, 7, 8, 14, 5, 6, 14 5, 6
equipment. 22
2. Self-constructed assets, 5, 9, 21, 22 4, 7, 13, 17 2
capitalization of overhead.
3. Capitalization of interest. 6, 9, 10, 11, 4, 5, 6 6, 8, 9, 10, 6, 7, 8 3
12, 22 11, 17
4. Exchanges of assets. 13, 17, 18 10, 11, 12, 12, 17, 18, 5, 9, 10, 4
13, 14 19, 20, 23 11, 12
5. Lump-sum purchases, 13, 14, 15, 7, 8, 9 3, 12, 13, 3, 12
issuance of stock, 16 14, 15, 16,
deferred-payment 17
contracts.
6. Costs subsequent to 19, 20 15 22, 23, 24
acquisition.
7. Alternative valuations. 23 13 4
8. Disposition of assets. 24 16, 17 25, 26 5 1
*9. Accounting for 25, 26 18, 19, 20 7, 13, 25 5
contributions
Copyright © 2022 John Wiley & Sons, Inc. Kieso, Intermediate Accounting, 18/e, Solutions Manual (For Instructor Use Only) 14-1-623
,
,Assignment Classification Table (By Learning Objective)
Learning Objectives Brief Critical
Questions Exercises Exercises Problems Thinking
1. Identify property, 1, 2, 3, 4, 5, 6, 7, 8, 1, 2, 3 1, 2, 3, 4, 1, 2, 3, 4, 1, 2, 5, 6
plant, and 21, 22 5, 6, 7, 12, 5, 6, 7, 12
equipment and its 13, 14
related costs.
2. Discuss the 6, 9, 10, 11, 12, 22 4, 5, 6 6, 8, 9, 6, 7, 8 3
accounting 10, 11, 17
problems
associated with
interest
capitalization.
3. Explain the 13, 14, 15, 16, 17, 7, 8, 9, 10, 7, 12, 13, 4, 5, 9, 10, 4
accounting issues 18, 11, 12, 13, 14, 15, 16, 11, 12
related to acquiring 14 17, 18, 19,
and valuing plant 20, 21
assets.
4. Describe the 19, 20 15 22, 23, 24
accounting
treatment for costs
subsequent to
acquisition.
5. Describe the 23, 24 16, 17 23, 25, 26 3, 5 1
accounting
treatment for the
disposal of property,
plant, and
equipment.
*6 Describe the 25, 26 18, 19, 20 7, 13, 25 5
accounting for
contributions.
Copyright © 2022 John Wiley & Sons, Inc. Kieso, Intermediate Accounting, 18/e, Solutions Manual (For Instructor Use Only) 14-1-623
, Assignment Characteristics Table
Level of Time
Item Description Difficulty (minutes)
E9.1 Acquisition costs of realty. Moderate 15–20
E9.2 Acquisition costs of realty. Moderate 10–15
E9.3 Acquisition costs of trucks. Moderate 10–15
E9.4 Purchase and self-constructed cost of assets. Moderate 20–25
E9.5 Asset retirement obligation Moderate 10–15
E9.6 Treatment of various costs. Moderate 30–40
E9.7 Correction of improper cost entries. Moderate 15–20
E9.8 Capitalization of interest. Difficult 20–25
E9.9 Capitalization of interest. Moderate 20–25
E9.10 Capitalization of interest. Moderate 20–25
E9.11 Capitalization of interest. Moderate 20–25
E9.12 Entries for equipment acquisitions. Moderate 10–15
E9.13 Entries for asset acquisition, including self-construction. Difficult 15–20
E9.14 Entries for acquisition of assets. Moderate 20–25
E9.15 Purchase of equipment with zero-interest-bearing debt. Difficult 15–20
E9.16 Purchase of computer with zero-interest-bearing debt. Moderate 15–20
E9.17 Asset acquisition. Difficult 25–35
E9.18 Nonmonetary exchange. Difficult 10–15
E9.19 Nonmonetary exchange. Difficult 20–25
E9.20 Nonmonetary exchange. Difficult 15–20
E9.21 Nonmonetary exchange. Difficult 15–20
E9.22 Analysis of subsequent expenditures. Moderate 20–25
E9.23 Analysis of subsequent expenditures. Difficult 15–20
E9.24 Analysis of subsequent expenditures. Moderate 10–15
E9.25 Entries for disposition of assets. Moderate 20–25
E9.26 Disposition of assets. Moderate 15–20
P9.1 Classification of acquisition and other asset costs. Moderate 35–40
P9.2 Asset retirement obligation. Moderate 20–25
P9.3 Classification of acquisition costs. Difficult 40–55
P9.4 Classification of land and building costs. Difficult 35–45
P9.5 Dispositions, including condemnation, demolition, and Moderate 35–40
trade-in.
P9.6 Classification of costs and interest capitalization. Moderate 20–30
P9.7 Interest during construction. Difficult 25–35
P9.8 Capitalization of interest. Moderate 20–30
P9.9 Nonmonetary exchanges. Difficult 35–45
P9.10 Nonmonetary exchanges. Difficult 30–40
P9.11 Nonmonetary exchanges. Difficult 30–40
P9.12 Purchases by deferred payment, lump-sum, and Moderate 35–45
nonmonetary exchanges.
14-1-624 Copyright © 2022 John Wiley & Sons, Inc. Kieso, Intermediate Accounting, 18/e, Solutions Manual (For Instructor Use Only)
