Question - As part of your course requirements for Accounting Theory you are to write a three page paper (double spaced) to outline a particular chapter in your textbook. These are the chapters that were we unable to cover during the regular course, but do contain valuable information in the study of Accounting Theory. Students should prepare their papers with proper grammar, spelling and punctuation fitting a graduate college course. Your paper should include, at the minimum:
1) What is the main point of this chapter?
2) What is the purpose of this chapter in regards to Accounting Theory?
3) What items did you learn that you were unaware previously?
4) Summarize the remaining points of the chapter.
5) Other items you feel are necessary to understand this chapter by the reader.
Textbook - Financial accounting theory and analysis eleventh edition By Richard G. Schroeder, Myrtle W. Clark.
Chapter 9 long-term assets I: PROPERTY, PLANT and EQUIPMENT.