Chapter 15

Property, Plant and Equipment (Part 1)

PROBLEM 1: TRUE OR FALSE

1. 6.
2. 7.
3. 8.
4. 9.
5. 10.

PROBLEM 2: FOR CLASSROOM DISCUSSION

1.

2. 12,950,000
3. 2,539,395

4. 1,142,439

5. Land: 2,460,000
Building: 5,420,000
Machinery: 1,520,000

6.

7. Land: 928,947
New Building: 2,658,840

8. B

9.
10. 900,000

11. 1,372,000

12.

1
PROBLEM 3: EXERCISES: COMPUTATIONAL
1. (1) 94,230
(2) 29,575
(3) 68,000
(4) 108,824

2. Land: 315,400
New Building: 1,049,400

3. Land: 241,500
Warehouse: 276,500
Office Building: 172,500

4.

PROBLEM 4: CLASSROOM ACTIVITIES

Journal entries :)

PROBLEM 5: MULTIPLE CHOICE - THEORY

1. 6.
2. 7.
3. 8.
4. 9.
5. 10.

2
PROBLEM 6: MULTIPLE CHOICE: COMPUTATIONAL
1. A

2. A

3. C
4. D
5. A

6. B

7. C

8. B

9. C

10. D

11. A
12. C

13. C

14. D

15. A