Learning Objectives

After studying Chapter 19, in addition to defining key terms, you will be able to:

• LO1 Record the buying of a plant asset.
• LO2 Analyze the cost of individual assets bought as a bundle.
• LO3 Calculate and record the payment of property tax.
• LO4 Calculate depreciation expense.
• LO5 Calculate depreciation for a partial year.
• LO6 Calculate accumulated depreciation and book value.
• LO7 Prepare plant asset records.
• LO8 Journalize annual depreciation expense.
• LO9 Record the sale of a plant asset for book value.
• LO10 Record the sale of a plant asset for more/less than book value.
• LO11 Calculate depreciation using the double declining-balance method.
• LO12 Record the buying of an intangible asset.
• LO13 Calculate and record amortization expense.

19 Vocabulary Acct

19 Accounting text

Working papers 19-1 wrkprs, PowerPoint 19-1 lecture series, Excel problem

Working Papers 19-2 wrkprs, PowerPoint 19-2 lecture series, Excel problem

Working Papers 19-3 wrkprs, PowerPoint 19-3 lecture series, Excel problem

Working Papers 19-4 wrkprs, PowerPoint 19-4 lecture series, Excel problem

19 mastery and Challenge problems

19 study guide