会计学原理-第十章节.pptVIP

Chapter 10 Plant Assets, Natural Resources, and Intangibles Conceptual Learning Objectives C1: Describe plant assets and issues in accounting for them. C2: Explain depreciation and the factors affecting its computation. C3: Explain depreciation for partial years and changes in estimates. Analytical Learning Objectives A1: Compare and analyze alternative depreciation methods. A2: Compute total asset turnover and apply it to analyze a company’s use of assets. Procedural Learning Objectives P1: Apply the cost principle to compute the cost of plant assets. P2: Compute and record depreciation using the straight-line, units-of-production, and declining-balance methods. P3: Distinguish between revenue and capital expenditures, and account for them. P4: Account for asset disposal through discarding or selling an asset. P5: Account for natural resource assets and their depletion. P6: Account for intangible assets. P7: Appendix 10A: Account for asset exchanges Plant Assets Plant Assets Plant Assets Cost Determination Land Land Improvements Buildings Machinery and Equipment Lump-Sum Asset Purchase On January 1, Matrix, Inc. purchased land and building for $200,000 cash. The appraised values are building, $162,500, and land, $87,500. How much of the $200,000 purchase price will be charged to the building and land accounts? Lump-Sum Asset Purchase Depreciation Factors in Computing Depreciation The calculation of depreciation requires three amounts for each asset: Cost Salvage Value Useful Life Depreciation Methods Straight-line Units-of-production Declining-balance Straight-Line Method On January 1, 2007, equipment was purchased for $50,000 cash. The equipment has an estimated useful life of five years and an estimated residual value of $5,000. Straight-Line Method Straight-Line Method Units-of-Production Method Units-of-Production Method On December 31, 2007, equipment was purchased for $50,000 cash. The equipment is expected to produce 100,000 u