Accounting Principles, Volume 2 –
10th Canadian Edition
ST
SOLUTIONS
UV
MANUAL
IA
_A
Jerry J. Weygandt
PP
Paul D. Kimmel
Jill E. Mitchell
RO
Valerie Warren
Lori Novak
VE
Comprehensive Solution Manual for
D?
Instructors and Students
??
© Jerry J. Weygandt, Paul D. Kimmel, Jill E. Mitchell, Valerie Warren & Lori Novak
All rights reserved. Reproduction or distribution without permission is prohibited.
©STUDYSTREAM
, TABLE OF CONTENTS
Accounting Principles, Volume 2 – 10th Canadian
Edition
ST
Weygandt, Kimmel, Mitchell, Warren & Novak
UV
Chapter 9. Long-Lived Assets
Chapter 10. Intangible Assets and Other Long-Lived Assets
IA
Chapter 11. Current Liabilities and Contingencies
Chapter 12. Bonds and Long-Term Liabilities
Chapter 13. Leases
_A
Chapter 14. Shareholders’ Equity
Chapter 15. Dilutive Securities and Earnings per Share
Chapter 16. Investments
PP
Chapter 17. Statement of Cash Flows
Chapter 18. Financial Statement Analysis
RO
VE
D?
??
©STUDYSTREAM
, SOLUTION MANUAL FOR
Accounting Principles, Volume 2, 10th Canadian Edition Jerry J. Weygandt,
Paul D. Kimmel, Jill E. Mitchell, Valerie Warren, Lori Novak
ST
Chapter 9-18
CHAPTER 9
Long-Lived Assets
UV
Learning Objectives
1. Calculate the cost of property, plant, and equipment.
IA
2. Apply depreciation methods to property, plant, and
equipment.
3. Explain the factors that cause changes in periodic
_A
depreciation and calculate revised depreciation for property,
plant, and equipment.
4. Demonstrate how to account for property, plant, and
equipment disposals.
PP
5. Record natural resource transactions and compute depletion.
6. Identify the basic accounting issues for intangible assets and
goodwill.
RO
7. Illustrate the reporting and analysis of long-lived assets.
VE
D?
??
, Summary of Questions by Learning Objectives and Bloom‘s Taxonomy
Item LO BT Item LO BT Item LO BT Item LO BT Item LO BT
Questions
ST
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
UV
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
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
IA
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
_A
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
PP
4. 2 AP 8 3 AP 12. 4 AP 16. 6 AP
Problems
1. 1 AP 4. 1,3 AP 7. 1,2,3,4AP 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
RO
3. 1,2 AP 6. 3 AP 9. 2,4 AP 12. 6,7 AP
Legend: The following abbreviations will appear throughout the solutions
manual file.
VE
LO Learning objective
Bloom's
BT Taxonomy
K Knowledge
D?
C Comprehension
AP Application
AN Analysis
S Synthesis
??
E Evaluation
Difficulty: Level of difficulty
10th Canadian Edition
ST
SOLUTIONS
UV
MANUAL
IA
_A
Jerry J. Weygandt
PP
Paul D. Kimmel
Jill E. Mitchell
RO
Valerie Warren
Lori Novak
VE
Comprehensive Solution Manual for
D?
Instructors and Students
??
© Jerry J. Weygandt, Paul D. Kimmel, Jill E. Mitchell, Valerie Warren & Lori Novak
All rights reserved. Reproduction or distribution without permission is prohibited.
©STUDYSTREAM
, TABLE OF CONTENTS
Accounting Principles, Volume 2 – 10th Canadian
Edition
ST
Weygandt, Kimmel, Mitchell, Warren & Novak
UV
Chapter 9. Long-Lived Assets
Chapter 10. Intangible Assets and Other Long-Lived Assets
IA
Chapter 11. Current Liabilities and Contingencies
Chapter 12. Bonds and Long-Term Liabilities
Chapter 13. Leases
_A
Chapter 14. Shareholders’ Equity
Chapter 15. Dilutive Securities and Earnings per Share
Chapter 16. Investments
PP
Chapter 17. Statement of Cash Flows
Chapter 18. Financial Statement Analysis
RO
VE
D?
??
©STUDYSTREAM
, SOLUTION MANUAL FOR
Accounting Principles, Volume 2, 10th Canadian Edition Jerry J. Weygandt,
Paul D. Kimmel, Jill E. Mitchell, Valerie Warren, Lori Novak
ST
Chapter 9-18
CHAPTER 9
Long-Lived Assets
UV
Learning Objectives
1. Calculate the cost of property, plant, and equipment.
IA
2. Apply depreciation methods to property, plant, and
equipment.
3. Explain the factors that cause changes in periodic
_A
depreciation and calculate revised depreciation for property,
plant, and equipment.
4. Demonstrate how to account for property, plant, and
equipment disposals.
PP
5. Record natural resource transactions and compute depletion.
6. Identify the basic accounting issues for intangible assets and
goodwill.
RO
7. Illustrate the reporting and analysis of long-lived assets.
VE
D?
??
, Summary of Questions by Learning Objectives and Bloom‘s Taxonomy
Item LO BT Item LO BT Item LO BT Item LO BT Item LO BT
Questions
ST
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
UV
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
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
IA
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
_A
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
PP
4. 2 AP 8 3 AP 12. 4 AP 16. 6 AP
Problems
1. 1 AP 4. 1,3 AP 7. 1,2,3,4AP 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
RO
3. 1,2 AP 6. 3 AP 9. 2,4 AP 12. 6,7 AP
Legend: The following abbreviations will appear throughout the solutions
manual file.
VE
LO Learning objective
Bloom's
BT Taxonomy
K Knowledge
D?
C Comprehension
AP Application
AN Analysis
S Synthesis
??
E Evaluation
Difficulty: Level of difficulty
