1/e, Solutions Manual (For Instructor Use Only) 9-1 CHAPTER 9 Plant Assets, Natural Resources, and Intangible Assets ASSIGNMENT CLASSIFICATION TABLE Study Objectives Questions Brief Exercises Do It! Exercises A Problems B Problems 1. Describe how the cost principle applies to plant assets. 1, 2, 3 1, 2 1 1, 2, 3 1A 1B 2. Explain the concept of depreciation. 4, 5 2 4 3. Compute periodic depreciation using different methods. 6, 7, 8, 24, 25, 26 3, 4, 5, 6, 7 5, 6, 7, 8 2A, 3A, 4A, 5A 2B, 3B, 4B, 5B 4. Describe the procedure for revising periodic depreciation. 9, 10 8, 9 9, 10 4A 4B 5. Distinguish between revenue and capital expenditures, and explain the entries for each. 11, 27 10 6. Explain how to account for the disposal of a plant asset. 12, 13 11, 12 3 11, 12 5A, 6A 5B, 6B 7. Compute periodic depletion of extractable natural resources. 14, 15 13 4 13 8. Explain the basic issues related to accounting for intangible assets. 16, 17, 18, 19, 20, 21, 22 14, 15 4 14, 15 7A, 8A 7B, 8B 9. Indicate how plant assets, natural resources, and intangible assets are reported. 23 16, 17 16 5A, 7A, 9A 5B, 7B, 9B *10. Explain how to account for the exchange of plant assets. 28, 29 18, 19 17, 18