E 10.01 – Beldon Corporation
Intermediate Accounting
Spiceland, Nelson, and Thomas
10th Edition
Determine the amounts that the company should capitalize as the cost of the land and the new building.
Calculator Preview
Your numbers will vary.
Determine the amounts that the company should capitalize as the cost of the land and the new building.
Your numbers will vary.
Prepare the necessary journal entries to record the equipment expenditures.
Your numbers will vary.
Given purchases that they made throughout the year on equipment and exclusive rights… prepare a journal entry for the expenditures.
Your numbers will vary.
Calculate the amount paid for goodwill.
Your numbers will vary.
Given the amount of shares issued, the fair value per share, the cost of building completion, and the amount paid in cash… prepare a journal entry for the transaction.
Your numbers will vary.
Prepare the journal entry to record the exchange.
Your numbers will vary.
Given the details of an exchange of old equipment for a newer model… prepare a journal entry for the transaction.
Your numbers will vary.
Given the book value and fair value of equipment along with the cash received to complete the exchange… determine the fair value along with the preparing a journal entry for the transaction.
Your numbers will vary.
Given a list of construction expenditures that were incurred throughout the year… calculate the amount of interest that was capitalized during the year.
Your numbers will vary.
Given the amount and percent of a note and a bond along with construction expenditures incurred through two years… calculate the interest that is capitalized for both the years.
Your numbers will vary.