文档介绍：10 - 1 PowerPoint Authors: Susan Coomer Galbreath, ., CPA Charles W. Caldwell, ., CMA Jon A. Booker, ., CPA, CIA Cynthia J. Rooney, ., CPA Copyright ? 2013 by The McGraw-panies, Inc. All rights reserved. Plant Assets, Natural Resources, and Intangibles Chapter 10 10 - 2 Plant Assets Tangible in Nature Tangible in Nature C 1 10 - 3 PLANT ASSETS C 1 10 - 4 Acquisition Acquisition Cost Cost Acquisition cost excludes financing charges and cash discounts Acquisition cost excludes financing charges and cash discounts All expenditures needed to prepare the asset for its intended use All expenditures needed to prepare the asset for its intended use Purchase price Purchase price Cost Determination C 1 10 - 5 Land is not depreciable. Land is not depreciable. Purchase price Purchase price Real missions Real missions Title insurance premiums Title insurance premiums Delinquent taxes Delinquent taxes Surveying fees Surveying fees Title search and transfer fees Title search and transfer fees Land C 1 10 - 6 Land Improvements Parking lots, driveways, fences, walks, shrubs, and lighting systems. Parking lots, driveways, fences, walks, shrubs, and lighting systems. Depreciate over useful life of improvements. Depreciate Depreciate over useful life of over useful life of improvements. improvements. C 1 10 - 7 Cost of purchase or construction Cost of purchase or construction Brokerage fees Brokerage fees Taxes Taxes Title fees Title fees Attorney fees Attorney fees Buildings C 1 10 - 8 Purchase price Purchase price Installing, assembling, and testing Installing, assembling, and testing Insurance while in transit Insurance while in transit Taxes Taxes Transportation charges Transportation charges Machinery and Equipment C 1 10 - 9 Lump-Sum Purchase CarMax paid $90,000 cash to acquire a group of items consisting of land appraised at $30,000, land improvements appraised at $10,000, and a building appraised at $60,000. The $90,000 c