,SOLUTION MANUAL FOR Accounting Principles 10e
Canadian Volume 2 Weygandt
Notes
1- The file is chapter after chapter.
2- We have shown you few pages sample.
3- The file contains all Appendix and Excel sheet
if it exists.
4- We have all what you need, we make update
at every time. There are many new editions
waiting you.
5- If you think you purchased the wrong file You
can contact us at every time, we can replace it
with true one.
Our email:
,Weygandt, Kimmel, Mitchell, Warren, Novak Accounting Principles, Tenth Canadian Edition
CHAPTER 9
Long-Lived Assets
Learning Objectives
1. Calculate the cost of property, plant, and equipment.
2. Apply depreciation methods to property, plant, and
equipment.
3. Explain the factors that cause changes in periodic
depreciation and calculate revised depreciation for property,
plant, and equipment.
4. Demonstrate how to account for property, plant, and
equipment disposals.
5. Record natural resource transactions and compute depletion.
6. Identify the basic accounting issues for intangible assets and
goodwill.
7. Illustrate the reporting and analysis of long-lived assets.
Solutions Manual 9.1 Chapter 9
© 2025 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is prohibited.
, Weygandt, Kimmel, Mitchell, Warren, Novak Accounting Principles, Tenth Canadian Edition
Summary of Questions by Learning Objectives and Bloom’s Taxonomy
Item LO BT Item LO BT Item LO BT Item LO BT Item LO BT
Questions
1. 1 K 6. 2 C 11. 3 C 16. 4 K 21. 6 C
2. 1 K 7. 2 K 12. 3 K 17. 4 C 22. 6 C
3. 1 C 8. 2 C 13. 3 C 18. 5 K 23. 7 K
4. 1 C 9. 2,3 K 14. 4 C 19. 5 C 24. 7 C
5. 1 C 10. 3 C 15. 4 C 20. 6 C
Brief Exercises
1. 1 AP 6. 2 AP 11. 3 AP 16. 5 AP 21. 7 AN
2. 1 AP 7. 2 AP 12. 3 AP 17. 5,7 AP
3. 1 K 8. 2 AP 13. 4 AP 18. 6 AP
4. 1 AP 9. 2 AP 14. 4 AP 19. 6,7 AP
5. 2 AP 10. 2 AP 15. 4 AP 20 7 AP
Exercises
1. 1 AP 5. 2 AP 9. 3 AP 13. 5 AP 17 2,7 AP
2. 1,2 AP 6. 2 AP 10. 3 AP 14. 1,2,6 AP 18. 7 AN
3. 1,2 C 7. 2 AP 11. 4 AP 15. 6 AP
4. 2 AP 8 3 AP 12. 4 AP 16. 6 AP
Problems
1. 1 AP 4. 1,3 AP 7. 1,2,3,4 AP 10. 2,4,7 AP 13. 3,5,7 AP
2. 1,2 AP 5. 2 AP 8. 2,4 AP 11. 6 AP 14. 7 AN
3. 1,2 AP 6. 3 AP 9. 2,4 AP 12. 6,7 AP
Solutions Manual 9.2 Chapter 9
© 2025 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is prohibited.
,Weygandt, Kimmel, Mitchell, Warren, Novak Accounting Principles, Tenth Canadian Edition
Legend: The following abbreviations will appear throughout the solutions
manual file.
LO Learning objective
Bloom's
BT Taxonomy
K Knowledge
C Comprehension
AP Application
AN Analysis
S Synthesis
E Evaluation
Difficulty: Level of difficulty
S Simple
M Moderate
C Complex
Time: Estimated time to complete in minutes
AACSB Association to Advance Collegiate Schools of Business
Communication Communication
Ethics Ethics
Analytic Analytic
Tech. Technology
Diversity Diversity
Reflec. Thinking Reflective Thinking
CPA CM CPA Canada Competency Map
Ethics Professional and Ethical Behaviour
PS and DM Problem-Solving and Decision-Making
Comm. Communication
Self-Mgt. Self-Management
Team & Lead Teamwork and Leadership
Reporting Financial Reporting
Stat. & Gov. Strategy and Governance
Mgt. Accounting Management Accounting
Audit Audit and Assurance
Finance Finance
Tax Taxation
Solutions Manual 9.3 Chapter 9
© 2025 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is prohibited.
,Weygandt, Kimmel, Mitchell, Warren, Novak Accounting Principles, Tenth Canadian Edition
ASSIGNMENT CLASSIFICATION TABLE
Brief Problems Problems
Learning Objectives Questions Exercises Exercises Set A Set B
1. Calculate the cost of 1, 2, 3, 4, 1, 2, 3, 4 1, 2, 3, 12 1, 2, 3, 4, 1, 2, 3, 4,
property, plant, and 5 7 7
equipment.
2. Apply depreciation methods 6, 7, 8, 9, 5, 6, 7, 8, 2, 3, 4, 5, 2, 3, 5, 7, 2, 3, 5, 7,
to property, plant, and 9, 10 6, 7, 14, 8, 9, 10 8, 9, 10,
equipment. 17 13
3. Explain the factors that cause 9, 10, 11, 11, 12 8, 9, 10 4, 6, 7, 13 4, 6, 7
changes in periodic 12, 13,
depreciation and calculate
revised depreciation for
property, plant, and
equipment.
4. Demonstrate how to account 14, 15, 13, 14, 15 11, 12 7, 8, 9, 7, 8, 9,
for property, plant, and 16, 17, 10 10
equipment disposals.
5. Record natural resource 18, 19, 20 16, 17 13 13 13
transactions and calculate
depletion.
6. Identify the basic accounting 21, 22 18, 19 14, 15, 16 11, 12 11, 12
issues for intangible assets
and goodwill.
7. Illustrate the reporting and 23, 24 17, 19, 20, 17, 18 10, 12, 10, 12,
analysis of long-lived assets. 21 13, 14 13, 14
Solutions Manual 9.4 Chapter 9
© 2025 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is prohibited.
,Weygandt, Kimmel, Mitchell, Warren, Novak Accounting Principles, Tenth Canadian Edition
ASSIGNMENT CHARACTERISTICS TABLE
Problem Difficulty Time
Number Description Level Allotted (min.)
1A Record property transactions. Simple 20-30
2A Allocate cost and calculate partial period depreciation. Moderate 20-30
3A Determine cost; calculate and compare depreciation under Moderate 30-40
different methods.
4A Account for operating and capital expenditures and asset Moderate 20-30
impairments.
5A Calculate and compare depreciation using three methods. Moderate 30-40
6A Record impairment and calculate revised depreciation. Moderate 20-30
7A Record acquisition, depreciation, impairment, and disposal of Moderate 25-35
land and building.
8A Calculate and compare depreciation and gain or loss on Moderate 30-40
disposal under three methods of depreciation.
9A Record acquisition, depreciation, and disposal of equipment. Moderate 30-40
10A Record property, plant, and equipment transactions; prepare Complex 40-50
partial financial statements.
11A Correct errors in recording intangible asset transactions. Complex 15-20
12A Record intangible asset transactions; prepare partial balance Moderate 30-40
sheet.
13A Record natural resource transactions; prepare partial financial Moderate 25-30
statements.
14A Calculate ratios and comment. Moderate 15-25
1B Record property transactions. Simple 20-30
2B Allocate cost and calculate partial period depreciation. Moderate 20-30
3B Determine cost; calculate and compare depreciation under Moderate 30-40
different methods.
4B Account for operating and capital expenditures and asset Moderate 20-30
impairments.
5B Calculate and compare depreciation using three methods. Moderate 30-40
6B Record impairment and calculate revised depreciation. Moderate 20-30
Solutions Manual 9.5 Chapter 9
© 2025 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is prohibited.
,Weygandt, Kimmel, Mitchell, Warren, Novak Accounting Principles, Tenth Canadian Edition
ASSIGNMENT CHARACTERISTICS TABLE (Continued)
Problem Difficulty Time
Number Description Level Allotted (min.)
7B Record acquisition, depreciation, impairment, and disposal of Moderate 25-35
equipment.
8B Calculate and compare depreciation and gain or loss on Moderate 30-40
disposal under three methods of depreciation.
9B Record acquisition, depreciation, and disposal of furniture. Moderate 30-40
10B Record property, plant, and equipment transactions; prepare Complex 40-50
partial financial statements.
11B Correct errors in recording intangible asset transactions. Complex 15-20
12B Record intangible asset transactions; prepare partial balance Moderate 30-40
sheet.
13B Record equipment, note payable, and natural resource Moderate 25-30
transactions; prepare partial financial statements.
14B Calculate ratios and comment. Moderate 15-25
Solutions Manual 9.6 Chapter 9
© 2025 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is prohibited.
,Weygandt, Kimmel, Mitchell, Warren, Novak Accounting Principles, Tenth Canadian Edition
BLOOM’S TAXONOMY TABLE
Correlation Chart between Bloom's Taxonomy, Study Objectives and End-of-
Chapter Exercises and Problems
Learning Objective Knowledge Comprehension Application Analysis Synthesis Evaluation
1. Calculate the cost of Q9.1 Q9.3 BE9.1 P9.2A
property, plant, and Q9.2 Q9.4 BE9.2 P9.3A
equipment. BE9.3 Q9.5 BE9.4 P9.4A
E9.3 E9.1 P9.7A
E9.2 P9.1B
E9.14 P9.2B
P9.1A P9.3B
P9.4B
P9.7B
2. Apply depreciation Q9.7 Q9.6 BE9.5 P9.3A
methods to property, Q9.9 Q9.8 BE9.6 P9.5A
plant, and equipment. Q9.10 BE9.7 P9.7A
Q9.11 BE9.8 P9.8A
E9.3 BE9.9 P9.9A
BE9.10 P9.10A
E9.2 P9.2B
E9.4 P9.3B
E9.5 P9.5B
E9.6 P9.7B
E9.7 P9.8B
E9.14 P9.9B
E9.17 P9.10B
P9.2A P9.13B
3. Explain the factors Q9.9 Q9.10 BE9.11 P9.6A
that cause changes in Q9.12 Q9.11 BE9.12 P9.7A
periodic depreciation Q9.13 E9.8 P9.13A
and calculate revised E9.9 P9.4B
depreciation for E9.10 P9.6B
property, plant, and P9.4A P9.7B
equipment.
4. Demonstrate how to Q9.16 Q9.14 BE9.13 P9.9A
account for property, Q9.15 BE9.14 P9.10A
plant, and equipment Q9.17 BE9.15 P9.7B
disposals. E9.11 P9.8B
E9.12 P9.9B
P9.7A P9.10B
P9.8A
5. Record natural Q9.18 Q9.19 BE9.16 P9.13A
resource transactions Q9.20 BE9.17 P9.13B
and calculate E9.13
depletion.
6. Identify the basic Q9.21 BE9.18 P9.11A
accounting issues for Q9.22 BE9-19 P9.12A
intangible assets and E9.14 P9.11B
goodwill. E9.15 P9.12B
E9.16
Solutions Manual 9.7 Chapter 9
© 2025 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is prohibited.
, Weygandt, Kimmel, Mitchell, Warren, Novak Accounting Principles, Tenth Canadian Edition
BLOOM’S TAXONOMY TABLE (Continued)
Learning Objective Knowledge Comprehension Application Analysis Synthesis Evaluation
7. Illustrate the reporting Q9.23 Q9.24 BE9.17 P9.12A E9.18
and analysis of long- BE9.17 BE9.19 P9.13A P9.14A
lived assets. BE9.20 P9.12B P9.14B
BE9.21 P9.13B
E9.17
P9.10A
P9.10B
Broadening Your BYP9.4 BYP9.5
a
Perspective BYP9.1 BYP9.2
BYP9.3 BYP9.6
Solutions Manual 9.8 Chapter 9
© 2025 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is prohibited.
Canadian Volume 2 Weygandt
Notes
1- The file is chapter after chapter.
2- We have shown you few pages sample.
3- The file contains all Appendix and Excel sheet
if it exists.
4- We have all what you need, we make update
at every time. There are many new editions
waiting you.
5- If you think you purchased the wrong file You
can contact us at every time, we can replace it
with true one.
Our email:
,Weygandt, Kimmel, Mitchell, Warren, Novak Accounting Principles, Tenth Canadian Edition
CHAPTER 9
Long-Lived Assets
Learning Objectives
1. Calculate the cost of property, plant, and equipment.
2. Apply depreciation methods to property, plant, and
equipment.
3. Explain the factors that cause changes in periodic
depreciation and calculate revised depreciation for property,
plant, and equipment.
4. Demonstrate how to account for property, plant, and
equipment disposals.
5. Record natural resource transactions and compute depletion.
6. Identify the basic accounting issues for intangible assets and
goodwill.
7. Illustrate the reporting and analysis of long-lived assets.
Solutions Manual 9.1 Chapter 9
© 2025 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is prohibited.
, Weygandt, Kimmel, Mitchell, Warren, Novak Accounting Principles, Tenth Canadian Edition
Summary of Questions by Learning Objectives and Bloom’s Taxonomy
Item LO BT Item LO BT Item LO BT Item LO BT Item LO BT
Questions
1. 1 K 6. 2 C 11. 3 C 16. 4 K 21. 6 C
2. 1 K 7. 2 K 12. 3 K 17. 4 C 22. 6 C
3. 1 C 8. 2 C 13. 3 C 18. 5 K 23. 7 K
4. 1 C 9. 2,3 K 14. 4 C 19. 5 C 24. 7 C
5. 1 C 10. 3 C 15. 4 C 20. 6 C
Brief Exercises
1. 1 AP 6. 2 AP 11. 3 AP 16. 5 AP 21. 7 AN
2. 1 AP 7. 2 AP 12. 3 AP 17. 5,7 AP
3. 1 K 8. 2 AP 13. 4 AP 18. 6 AP
4. 1 AP 9. 2 AP 14. 4 AP 19. 6,7 AP
5. 2 AP 10. 2 AP 15. 4 AP 20 7 AP
Exercises
1. 1 AP 5. 2 AP 9. 3 AP 13. 5 AP 17 2,7 AP
2. 1,2 AP 6. 2 AP 10. 3 AP 14. 1,2,6 AP 18. 7 AN
3. 1,2 C 7. 2 AP 11. 4 AP 15. 6 AP
4. 2 AP 8 3 AP 12. 4 AP 16. 6 AP
Problems
1. 1 AP 4. 1,3 AP 7. 1,2,3,4 AP 10. 2,4,7 AP 13. 3,5,7 AP
2. 1,2 AP 5. 2 AP 8. 2,4 AP 11. 6 AP 14. 7 AN
3. 1,2 AP 6. 3 AP 9. 2,4 AP 12. 6,7 AP
Solutions Manual 9.2 Chapter 9
© 2025 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is prohibited.
,Weygandt, Kimmel, Mitchell, Warren, Novak Accounting Principles, Tenth Canadian Edition
Legend: The following abbreviations will appear throughout the solutions
manual file.
LO Learning objective
Bloom's
BT Taxonomy
K Knowledge
C Comprehension
AP Application
AN Analysis
S Synthesis
E Evaluation
Difficulty: Level of difficulty
S Simple
M Moderate
C Complex
Time: Estimated time to complete in minutes
AACSB Association to Advance Collegiate Schools of Business
Communication Communication
Ethics Ethics
Analytic Analytic
Tech. Technology
Diversity Diversity
Reflec. Thinking Reflective Thinking
CPA CM CPA Canada Competency Map
Ethics Professional and Ethical Behaviour
PS and DM Problem-Solving and Decision-Making
Comm. Communication
Self-Mgt. Self-Management
Team & Lead Teamwork and Leadership
Reporting Financial Reporting
Stat. & Gov. Strategy and Governance
Mgt. Accounting Management Accounting
Audit Audit and Assurance
Finance Finance
Tax Taxation
Solutions Manual 9.3 Chapter 9
© 2025 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is prohibited.
,Weygandt, Kimmel, Mitchell, Warren, Novak Accounting Principles, Tenth Canadian Edition
ASSIGNMENT CLASSIFICATION TABLE
Brief Problems Problems
Learning Objectives Questions Exercises Exercises Set A Set B
1. Calculate the cost of 1, 2, 3, 4, 1, 2, 3, 4 1, 2, 3, 12 1, 2, 3, 4, 1, 2, 3, 4,
property, plant, and 5 7 7
equipment.
2. Apply depreciation methods 6, 7, 8, 9, 5, 6, 7, 8, 2, 3, 4, 5, 2, 3, 5, 7, 2, 3, 5, 7,
to property, plant, and 9, 10 6, 7, 14, 8, 9, 10 8, 9, 10,
equipment. 17 13
3. Explain the factors that cause 9, 10, 11, 11, 12 8, 9, 10 4, 6, 7, 13 4, 6, 7
changes in periodic 12, 13,
depreciation and calculate
revised depreciation for
property, plant, and
equipment.
4. Demonstrate how to account 14, 15, 13, 14, 15 11, 12 7, 8, 9, 7, 8, 9,
for property, plant, and 16, 17, 10 10
equipment disposals.
5. Record natural resource 18, 19, 20 16, 17 13 13 13
transactions and calculate
depletion.
6. Identify the basic accounting 21, 22 18, 19 14, 15, 16 11, 12 11, 12
issues for intangible assets
and goodwill.
7. Illustrate the reporting and 23, 24 17, 19, 20, 17, 18 10, 12, 10, 12,
analysis of long-lived assets. 21 13, 14 13, 14
Solutions Manual 9.4 Chapter 9
© 2025 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is prohibited.
,Weygandt, Kimmel, Mitchell, Warren, Novak Accounting Principles, Tenth Canadian Edition
ASSIGNMENT CHARACTERISTICS TABLE
Problem Difficulty Time
Number Description Level Allotted (min.)
1A Record property transactions. Simple 20-30
2A Allocate cost and calculate partial period depreciation. Moderate 20-30
3A Determine cost; calculate and compare depreciation under Moderate 30-40
different methods.
4A Account for operating and capital expenditures and asset Moderate 20-30
impairments.
5A Calculate and compare depreciation using three methods. Moderate 30-40
6A Record impairment and calculate revised depreciation. Moderate 20-30
7A Record acquisition, depreciation, impairment, and disposal of Moderate 25-35
land and building.
8A Calculate and compare depreciation and gain or loss on Moderate 30-40
disposal under three methods of depreciation.
9A Record acquisition, depreciation, and disposal of equipment. Moderate 30-40
10A Record property, plant, and equipment transactions; prepare Complex 40-50
partial financial statements.
11A Correct errors in recording intangible asset transactions. Complex 15-20
12A Record intangible asset transactions; prepare partial balance Moderate 30-40
sheet.
13A Record natural resource transactions; prepare partial financial Moderate 25-30
statements.
14A Calculate ratios and comment. Moderate 15-25
1B Record property transactions. Simple 20-30
2B Allocate cost and calculate partial period depreciation. Moderate 20-30
3B Determine cost; calculate and compare depreciation under Moderate 30-40
different methods.
4B Account for operating and capital expenditures and asset Moderate 20-30
impairments.
5B Calculate and compare depreciation using three methods. Moderate 30-40
6B Record impairment and calculate revised depreciation. Moderate 20-30
Solutions Manual 9.5 Chapter 9
© 2025 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is prohibited.
,Weygandt, Kimmel, Mitchell, Warren, Novak Accounting Principles, Tenth Canadian Edition
ASSIGNMENT CHARACTERISTICS TABLE (Continued)
Problem Difficulty Time
Number Description Level Allotted (min.)
7B Record acquisition, depreciation, impairment, and disposal of Moderate 25-35
equipment.
8B Calculate and compare depreciation and gain or loss on Moderate 30-40
disposal under three methods of depreciation.
9B Record acquisition, depreciation, and disposal of furniture. Moderate 30-40
10B Record property, plant, and equipment transactions; prepare Complex 40-50
partial financial statements.
11B Correct errors in recording intangible asset transactions. Complex 15-20
12B Record intangible asset transactions; prepare partial balance Moderate 30-40
sheet.
13B Record equipment, note payable, and natural resource Moderate 25-30
transactions; prepare partial financial statements.
14B Calculate ratios and comment. Moderate 15-25
Solutions Manual 9.6 Chapter 9
© 2025 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is prohibited.
,Weygandt, Kimmel, Mitchell, Warren, Novak Accounting Principles, Tenth Canadian Edition
BLOOM’S TAXONOMY TABLE
Correlation Chart between Bloom's Taxonomy, Study Objectives and End-of-
Chapter Exercises and Problems
Learning Objective Knowledge Comprehension Application Analysis Synthesis Evaluation
1. Calculate the cost of Q9.1 Q9.3 BE9.1 P9.2A
property, plant, and Q9.2 Q9.4 BE9.2 P9.3A
equipment. BE9.3 Q9.5 BE9.4 P9.4A
E9.3 E9.1 P9.7A
E9.2 P9.1B
E9.14 P9.2B
P9.1A P9.3B
P9.4B
P9.7B
2. Apply depreciation Q9.7 Q9.6 BE9.5 P9.3A
methods to property, Q9.9 Q9.8 BE9.6 P9.5A
plant, and equipment. Q9.10 BE9.7 P9.7A
Q9.11 BE9.8 P9.8A
E9.3 BE9.9 P9.9A
BE9.10 P9.10A
E9.2 P9.2B
E9.4 P9.3B
E9.5 P9.5B
E9.6 P9.7B
E9.7 P9.8B
E9.14 P9.9B
E9.17 P9.10B
P9.2A P9.13B
3. Explain the factors Q9.9 Q9.10 BE9.11 P9.6A
that cause changes in Q9.12 Q9.11 BE9.12 P9.7A
periodic depreciation Q9.13 E9.8 P9.13A
and calculate revised E9.9 P9.4B
depreciation for E9.10 P9.6B
property, plant, and P9.4A P9.7B
equipment.
4. Demonstrate how to Q9.16 Q9.14 BE9.13 P9.9A
account for property, Q9.15 BE9.14 P9.10A
plant, and equipment Q9.17 BE9.15 P9.7B
disposals. E9.11 P9.8B
E9.12 P9.9B
P9.7A P9.10B
P9.8A
5. Record natural Q9.18 Q9.19 BE9.16 P9.13A
resource transactions Q9.20 BE9.17 P9.13B
and calculate E9.13
depletion.
6. Identify the basic Q9.21 BE9.18 P9.11A
accounting issues for Q9.22 BE9-19 P9.12A
intangible assets and E9.14 P9.11B
goodwill. E9.15 P9.12B
E9.16
Solutions Manual 9.7 Chapter 9
© 2025 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is prohibited.
, Weygandt, Kimmel, Mitchell, Warren, Novak Accounting Principles, Tenth Canadian Edition
BLOOM’S TAXONOMY TABLE (Continued)
Learning Objective Knowledge Comprehension Application Analysis Synthesis Evaluation
7. Illustrate the reporting Q9.23 Q9.24 BE9.17 P9.12A E9.18
and analysis of long- BE9.17 BE9.19 P9.13A P9.14A
lived assets. BE9.20 P9.12B P9.14B
BE9.21 P9.13B
E9.17
P9.10A
P9.10B
Broadening Your BYP9.4 BYP9.5
a
Perspective BYP9.1 BYP9.2
BYP9.3 BYP9.6
Solutions Manual 9.8 Chapter 9
© 2025 John Wiley & Sons Canada, Ltd. Unauthorized copying, distribution, or transmission of this page is prohibited.
