1. choose the correct answer(property, plant, and equipment/ intangible asset/ Not Applicable )

PRINTER VERSION BACK NE Brief Exercise 9-2 x Your answer is incorrect. Try again. Carla Vista Ltd. incurs these expenditures in purchasing a truck: invoice price $44,900; installation of a trailer hitch $910; one-year accident insurance policy $841; motor vehicle licence $162; painting and lettering $819. What is the cost of the truck? Cost of the truck 46813Brief Exercise 9-14 Indicate whether each of the following items should be recorded as property, plant, and equipment or an intangible asset on the statement of financial position. If the asset does not fit either of these categories, choose "Not Applicable". (a) Accumulated amortization Land improvements 3 36 3090 3 Asset retirement cost for a factory ( K ) * Leasehold improvements Assets under finance lease + Licence right + Building (m) Operating lease Franchise (n) * Patent Inventory (0 ) Research costs Common shares ( P ) * Residual value on building * Impairment loss ( 9 ) Trademark + Land