西方财务会计chapter.pptVIP

Chapter 8;INTRODUCTION;Accounting for plant assets;Valuation of plant assets at acquisition;Asset Acquisition:one piece;Determining Cost;Determining Cost;Lump-Sum (or Basket)Purchases of Assets;Acquisition of plant assets with note payable;Acquisition of plant assets with note payable;Acquisition of plant assets with note payable;Discard Sell for monetary consideration Exchange for noncash assets;Accounting for Disposalof Plant Assets: discard;Selling a Plant Asset;For students; ;;; ;Nonmonetary Transactions (Exchanges);Exchanges of Plant Assets;Exchanges of similar Assets;Exchanges of similar Assets;Similar Assets:loss; No boot;Similar Assets:loss;cash paid;Similar Assets:loss;cash paid;Similar Assets:loss;cash paid;;Similar: Loss; Cash Received;;Similar Assets:Gain; No boot;Similar Assets, Gain, Cash Paid (Deferred gain);Similar Assets, Gain, Cash Paid (Deferred gain);Similar Assets (Deferred gain);Similar Assets (Deferred gain);Similar Assets (Deferred gain);Similar Assets, Gain, Cash Received (Partial gain);; ; ; ; ;EXERCISE 12(CASE A);Dissimilar Assets;Dissimilar Assets;Dissimilar Assets; ; ; Dissimilar Assets:gains;EXERCISE 12(CASE B);Does the expenditure increase capacity or efficiency or extend useful life?;Capital Expenditures versusRevenue Expenditures;Major additions;Betterments;Extraordinary repairs;Depreciation;Depreciation;Factors In Computing Depreciation;Annual depreciation expense = Cost - estimated salvage value Estimated useful life ;Step 1 Depreciation expense per unit of output = Cost - estimated salvage value Estimated total production Step 2 Depreciation expense for current year = ;;Sum-of-the-Years’-Digits Method;Revision of Depreciation Rates