CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 18-1 Buying Plant Assets and Paying Property Tax.

Slides:



Advertisements
Similar presentations
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 11-3 Posting from Journals to a General Ledger.
Advertisements

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 11-3 Calculating and Journalizing Dividends for a Corporation.
Journals, Source Documents, and Recording Entries in a Journal
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 3-1 Journals, Source Documents, and Recording Entries in a Journal.
Accounting for Plant Assets and Depreciation Chapter 18, Section 1 Buying Plant Assets and Paying Property Taxes.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 14-5 Planning and Recording Depreciation Adjustments.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 18-1 Buying Plant Assets and Paying Property Tax.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 8-1 Buying Plant Assets.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 18-2 Calculating Depreciation Expense.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 14-1 Distributing Corporate Earnings to Stockholders.
CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 18-1 Buying Plant Assets and Paying Property Tax.
© 2014 Cengage Learning. All Rights Reserved. Learning Objectives © 2014 Cengage Learning. All Rights Reserved. LO1Record the buying of a plant asset.
CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 18-1 Buying Plant Assets and Paying Property Tax Original created by M.C. McLaughlin, Thomson/South-Western.
CENTURY 21 ACCOUNTING © Thomson/South-Western 1 LESSON 13-1 CHAPTER 13 OBJECTIVES PAYROLL ACCOUNTING, TAXES, AND REPORTS DEFINE ACCOUNTING TERMS RELATED.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 8-3 Disposing of Plant Assets Disposing of plant assets. Gain/loss on plant assets.
CHAPTER 18 Buying Plant Assets and Paying Property Tax.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 8-3 Disposing of Plant Assets Disposing of plant assets. Gain/loss on plant assets.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 18-4 Disposing of Plant Assets.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 13-4 Paying Withholding and Payroll Taxes.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 13-4 Paying Withholding and Payroll Taxes  Paying the liability for employee taxes.
© 2014 Cengage Learning. All Rights Reserved. Learning Objectives © 2014 Cengage Learning. All Rights Reserved. LO12Record the buying of an intangible.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 8-1 Buying Plant Assets.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 12-3 Bonds Payable Transactions.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 12-1 Capital Stock Transactions.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 11-3 Posting from Journals to a General Ledger Slides are on class website.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 21-1 Accrued Revenue.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 8-1 Buying Plant Assets Completing a plant asset record. Buying a plant asset for cash.
CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 8-1 Buying Plant Assets.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning Cash Control Systems Bank Reconciliation These slides are on the class website.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 9-2 Journalizing Cash Payments Using a Cash Payments Journal.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 20-2 Notes Payable.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 5-4 Petty Cash.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 5-4 Petty Cash.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 8-2 Calculating and Journalizing Depreciation Expense.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 13-4 Paying Withholding and Payroll Taxes.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 1-1 The Accounting Equation.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 17-3 Calculating Financial Strength Analysis.
CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 18-1 Buying Plant Assets and Paying Property Tax.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 12-2 Treasury Stock Transactions.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 4-3 Posting Column Totals from a Journal to a General Ledger.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 16-1 Business Decisions Using Present Values.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 3-4 Proving and Ruling a Journal.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 1-2 How Business Activities Change the Accounting Equation.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning Chapter 5 Journals, Source Documents, and Recording Entries in a Journal.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 11-4 Posting Special Journal Totals to a General Ledger.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 3-2 Recording a Payroll and Payroll Taxes.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 18-4 Disposing of Plant Assets.
LESSON 8-3 Disposing of Plant Assets
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 18-1 Buying Plant Assets and Paying Property Tax.
CENTURY 21 ACCOUNTING © Thomson/South-Western LESSON 13-4 Paying Withholding and Payroll Taxes.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 11-4 Posting Special Journal Totals to a General Ledger.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 5-1 Checking Accounts.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 21-2 Accrued Expenses.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 5-1 Checking Accounts  How businesses use cash  Cash deposited and recorded on a.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 14-1 Distributing Corporate Earnings to Stockholders.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 18-1 Buying Plant Assets and Paying Property Tax.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 12-1 Capital Stock Transactions.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 21-1 Accrued Revenue.
© South-Western Educational Publishing FORM 8109, FEDERAL DEPOSIT COUPON Lesson 14-4, page 355.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning Chapter 8 Objectives 1.Define accounting terms related to plant assets and depreciation. 2.Identify.
LESSON 18-1 Buying Plant Assets and Paying Property Tax.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 3-1 Journals, Source Documents, and Recording Entries in a Journal.
CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 5-4 Petty Cash.
LESSON 8-1 Buying Plant Assets
RECORDING THE BUYING OF A PLANT ASSET
LESSON 18-1 Buying Plant Assets and Paying Property Tax
Accounting for Plant Assets and Depreciation
Presentation transcript:

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning LESSON 18-1 Buying Plant Assets and Paying Property Tax

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 2 LESSON 18-1 RECORDING THE BUYING OF A PLANT ASSET 12 3 page 535 January 3, 20X1. Paid cash for a display case, $3, Check No Cash paid 4 2.Cost of the plant asset 1.Account title 4.Post

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 3 LESSON 18-1 CALCULATING AND PAYING PROPERTY TAX page 536 February 1. Classic Parts, Inc., paid cash for property tax, $ Check No. 69. Annual Property Tax =Tax Rate× Assessed Value $720.00=1.2%×$60,000.00

CENTURY 21 ACCOUNTING © 2009 South-Western, Cengage Learning 4 LESSON 18-1 TERMS REVIEW real property personal property assessed value page 537