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1 interest during construction grieg landscaping began construction of a new plant on december 1 2010 on this date the
classification of costs and interest capitalization on january 1 2010 blair corporation purchased for 500000 a tract of
1 dispositions including condemnation demolition and trade-in presented below are a schedule of property dispositions
classification of acquisition costs selected accounts included in the property plant and equipment section of lobo
classification of acquisition and other asset costs at december 31 2009 certain accounts included in the property plant
1 disposition of assets on april 1 2010 pavlova company received a condemnation award of 410000 cash as compensation
1 entries for disposition of assets on december 31 2010 chrysler inc has a machine with a book value of 940000 the
analysis of subsequent expenditures plant assets often requires expenditures subsequent to acquisition it is important
1 analysis of subsequent expenditures the following transactions occurred during 2011 assume that depreciation of 10
1 analysis of subsequent expenditures accardo resources group has been in its plant facility for 15 years although the
1 nonmonetary exchange mcarthur inc has negotiated the purchase of a new piece of automatic equipment at a price of
1 nonmonetary exchange santana company exchanged equipment used in its manufacturing operations plus 2000 in cash for
1 nonmonetary exchange montgomery company purchased an electric wax melter on april 30 2011 by trading in its old gas
1 nonmonetary exchange alatorre corporation which manufactures shoes hired a recent college graduate to work in its
asset acquisition logan industries purchased the following assets and constructed a building as well all this was done
purchase of computer with zero-interest-bearing debt napoleon corporation purchased a computer on december 31 2009 for
purchase of equipment with zero-interest-bearing debt sterling inc has decided to purchase equipment from central
entries for acquisition of assets presented below are information related to rommel company1 on july 6 rommel company
entries for asset acquisition including self-construction below are transactions related to impala companya the city of
entries for equipment acquisitions chopin engineering corporation purchased conveyor equipment with a list price of
capitalization of interest the following three situations involve the capitalization of interestsituation ion january 1
capitalization of interest on july 31 2010 bismarck company engaged duval tooling company to construct a
capitalization of interest on december 31 2009 hurston inc borrowed 3000000 at 12 payable annually to finance the
capitalization of interest mcpherson furniture company started construction of a combination office and warehouse
correction of improper cost entries plant acquisitions for selected companies are presented below1 natchez industries