분야
pdfIFRS 4th Edition
Weygandt ●Kimmel ●Kieso
Chapter 9
Plant Assets, Natural Resources,
and Intangible Assets
유형자산, 자연자원, 무형자산
Plant Asset Expenditures (1 of 2)
Plant assets are resources that have
physical substance 물리형태(a definite size and shape),
are used in the operations 영업활동에사용of a business,
are not intended for sale 판매목적이아님to customers,
are expected to provide service to the company for a number
of years, except for land 1년을초과하여사용.
Referred to as property, plant, and equipment; plant and
equipment; and fixed assets.
4Copyright 2019 John Wiley & Sons, Inc.
Land
Cash price of property (HK$2,000,000)HK$2,000,000
Net removal cost of warehouse (HK$60,000)60,000
Attorneys fees (HK$10,000)10,000
Real estate broker’s commission (HK$80,000)80,000
Cost of Land HK$2,150,000
The Cost of Plant Assets (4 of 10)
Required: Determine amount to be reported as the cost of
the land.
Copyright 2019 John Wiley & Sons, Inc. 10
Cash 2,150,000
Land 2,150,000
Lew makes the following entry:
Blank Truck
Cash price HK$420,000
Sales taxes 13,200
Painting and lettering 5,000
Blank lank
Cost of Delivery Truck HK$438,200
The Cost of Plant Assets (9 of 10)
Illustration: Lenard Huang Group purchases a delivery truck at
a cash price of HK$420,000. Related expenditures consist of
sales taxes HK$13,200, painting and lettering HK$5,000,
motor vehicle license HK$800, and a three-year accident
insurance policy HK$16,000. Compute the cost of the delivery
truck.
15Copyright 2019 John Wiley & Sons, Inc.
