Accounting II

Accounting - Chapter 19

Chapter Objectives

  • Record the buying of a plant asset.
  • Analyze the cost of individual assets bought as a bundle.
  • Calculate and record the payment of property tax.
  • Calculate depreciation expense.
  • Calculate depreciation for a partial year.
  • Calculate accumulated depreciation and book value.
  • Prepare plant asset records.
  • Journalize annual depreciation expense.
  • Record the sale of a plant asset for book value and for more/less than book value.
  • Calculate depreciation using the double declining-balance method.
  • Record the buying of an intangible asset.
  • Calculate and record amortization expense.

Accounting for Plant Assets, Depreciation, and Intangible Assets

Chapter 19 PowerPoint

19-1 | 19-2 | 19-3 | 19-4 | 19-5 | 19-6

Chapter 19 Quizlet

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Application Problem 19-2

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Application Problem 19-5

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Think Like An Accountant

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