Plant Assets, Intangibles, and Accounting for Liabilities

Plant Assets, Intangibles, and Accounting for Liabilities

Plant Assets, Intangibles, and Accounting for Liabilities

Companies have a significant amount of investment in long-lived assets, which include property, plant, and equipment (commonly referred to as plant assets); and intangible assets. We will also discuss different types of liabilities and understand how to account for and report those liabilities.

Q.1 Can you tell us what kind of plant assets are used in your company or place of business? Do you have an estimate of the amount invested in those plant assets?

Notes:

1. Include in your post that you attended the live lecture
2. provide a summary of your key takeaways from the lecture

Book for references

Financial Accounting: Tools for Business Decision Making 9th Kimmel, Weygandt and Kieso

2019 Wiley

Plant Assets, Intangibles, and Accounting for Liabilities

Companies have a significant amount of investment in long

–

lived assets, which include property,

plant, and equipment (commonly referred to as plant assets); and intangible assets. We will also

discuss different types of liabilities and understand how to ac

count for and report those

liabilities.

Q.1

Can you tell us what kind of plant assets are used in your company or place of business? Do

you have an estimate of the amount invested in those plant assets?

Notes:

1. Include in your post that you attended the live lecture
2. provide a s

ummary of your key takeaways from the lecture

Book for references

Financial Accounting: Tools for Business Decision Making

9

th

Kimmel, Weygandt and Kieso

2019 Wiley

Plant Assets, Intangibles, and Accounting for Liabilities

Companies have a significant amount of investment in long-lived assets, which include property,

plant, and equipment (commonly referred to as plant assets); and intangible assets. We will also

discuss different types of liabilities and understand how to account for and report those

liabilities.

Q.1 Can you tell us what kind of plant assets are used in your company or place of business? Do

you have an estimate of the amount invested in those plant assets?

Notes:

1. Include in your post that you attended the live lecture
2. provide a summary of your key takeaways from the lecture

Book for references

Financial Accounting: Tools for Business Decision Making 9

th

Kimmel, Weygandt and Kieso

2019 Wiley

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