约翰·J·怀尔德-会计学原理（英文版·第21版）IPPTChap010.pptVIP

Plant Assets, Natural Resources, and IntangiblesChapter 10 Plant AssetsTangible in NatureC 1 PLANT ASSETSC 1 AcquisitionCostAcquisition cost excludes financing charges andcash discounts All expenditures needed to prepare the asset for its intended usePurchasepriceCost DeterminationC 1 Land is not depreciable.PurchasepriceReal estatecommissionsTitle insurance premiumsDelinquenttaxesSurveyingfeesTitle search and transfer feesLandC 1 Land ImprovementsParking lots, driveways, fences, walks, shrubs, and lighting systems.Depreciateover useful life of improvements.C 1 Cost of purchase or constructionBrokeragefeesTaxesTitle feesAttorney feesBuildingsC 1 PurchasepriceInstalling,assembling, andtestingInsurance whilein transitTaxesTransportationchargesMachinery and EquipmentC 1 Lump-Sum Purchase CarMax paid $90,000 cash to acquire a group of items consisting of land appraised at $30,000, land improvements appraised at $10,000, and a building appraised at $60,000. The $90,000 cost will be allocated on the basis of appraised values as shown:The total cost of a combined purchase of land and building is separated on the basis of their relative fair market values.P 1 Depreciation is the process of allocating the cost of a plant asset to expense in the accounting periods benefiting from its use. CostAllocationAcquisitionCost(Unused)Balance Sheet(Used)Income StatementExpenseDepreciationP 1 Factors in Computing Depreciation The calculation of depreciation requires three amounts for each asset: 1. Cost 2. Salvage Value 3. Useful LifeP 1 Depreciation Methods Straight-line Units-of-production Declining-balanceAsset we will depreciate in future screensP 1 Straight-Line MethodP 1 Balance Sheet Presentation Machinery $ 10,000 ?? Less: accumulated depreciation 3,600 ? $ 6,400 ????P 1Straight-Line Method Straight-Line Depreciation ScheduleP 1SalvageValue Units-of-Production MethodStep 2:Depreciation Expense=DepreciationPer Unit×Number of Units Producedin the