,Table of Contents
VOLUME ONE
1 Accounting in Action 1-1
2 The Recording Process 2-1
3 Adjusting the Accounts 3-1
4 Completion of the Accounting Cycle 4-1
5 Accounting for Merchandising Operations 5-1
6 Inventory Costing 6-1
7 Internal Control and Cash 7-1
8 Accounting for Receivables 8-1
9 Long-Lived Assets 9-1
10 Current Liabilities and Payroll 10-1
VOLUME TWO
9 Long-Lived Assets 9-1
10 Current Liabilities and Payroll 10-1
11 Financial Reporting Concepts 11-1
12 Accounting for Partnerships 12-1
13 Introduction to Corporations 13-1
14 Corporations: Additional Topics and IFRS 14-1
15 Non-Current Liabilities 15-1
16 Investments 16-1
17 The Cash Flow Statement 17-1
18 Financial Statement Analysis 18-1
, CHAPTER 1
Accounting In Action
Learning Objectives
Identify The Use And Users Of Accounting And The
Objective Of Financial Reporting.
Compare The Different Forms Of Business Organization.
Explain The Building Blocks Of Accounting: Ethics And
The Concepts Included In The Conceptual Framework.
Describe The Components Of The Financial Statements
And Explain The Accounting Equation.
Analyze The Effects Of Business Transactions On
The Accounting Equation.
Prepare Financial Statements.
Solutions Manual 1.1 Chapter 1 © 2022 John Wiley & Sons
Canada, Ltd. Unauthorized Copying, Distribution, Or Transmission Of This Page Is Prohibited.
, Weygandt, Kieso, Kimmel, Trenholm, Warren, Novak Accounting Principles, 10th Canadian Edition
Summary Of Questions By Learning Objectives And Bloom‘S Taxonomy
Ite
Item LO BT Item LO BT Item LO BT Item LO BT m LO BT
Questions
1. 1 C 5. 3 C 9. 3 C 13. 4 K 17. 5 C
2. 1 C 6. 3 K 10. 3 C 14. 4 K 18. 5 AP
3. 1 C 7. 3 K 11. 3 C 15. 4 C 19. 6 K
4. 2 K 8. 3 C 12. 4 K 16. 4 K 20. 6 C
Brief Exercises
1. 1 K 5. 3 C 9. 4 AP 13. 5 AP 17. 6 AP
2. 2 C 6. 3 C 10. 4 AP 14. 4,5 AP 18. 6 AP
3. 3 AN 7. 4 C 11. 4 K 15. 4,6 AP
4. 3 C 8. 4 AP 12. 5 AP 16. 6 AP
Exercises
1. 1 C 5. 1,3,5 K 9. 3,5,6 C 13. 4,5 AP 17. 6 AP
2. 1 C 6. 4 AP 10. 5 C 14. 6 AP
3. 2 C 7. 4 AP 11. 5 C 15. 6 AP
4. 3 C 8. 5 C 12. 4,5 AP 16. 6 AP
Problems
1. 1 S 4. 4 AP 7. 3,4,5,6 AP 10. 6 AN
2. 2,3 AP 5. 3,5 C 8. 4,5,6 AP 11. 3,4,5,6 AP
3. 4 AP 6. 4,6 AP 9. 6 AP
Solutions Manual 1.2 Chapter 1 © 2022 John Wiley & Sons
Canada, Ltd. Unauthorized Copying, Distribution, Or Transmission Of This Page Is Prohibited.
VOLUME ONE
1 Accounting in Action 1-1
2 The Recording Process 2-1
3 Adjusting the Accounts 3-1
4 Completion of the Accounting Cycle 4-1
5 Accounting for Merchandising Operations 5-1
6 Inventory Costing 6-1
7 Internal Control and Cash 7-1
8 Accounting for Receivables 8-1
9 Long-Lived Assets 9-1
10 Current Liabilities and Payroll 10-1
VOLUME TWO
9 Long-Lived Assets 9-1
10 Current Liabilities and Payroll 10-1
11 Financial Reporting Concepts 11-1
12 Accounting for Partnerships 12-1
13 Introduction to Corporations 13-1
14 Corporations: Additional Topics and IFRS 14-1
15 Non-Current Liabilities 15-1
16 Investments 16-1
17 The Cash Flow Statement 17-1
18 Financial Statement Analysis 18-1
, CHAPTER 1
Accounting In Action
Learning Objectives
Identify The Use And Users Of Accounting And The
Objective Of Financial Reporting.
Compare The Different Forms Of Business Organization.
Explain The Building Blocks Of Accounting: Ethics And
The Concepts Included In The Conceptual Framework.
Describe The Components Of The Financial Statements
And Explain The Accounting Equation.
Analyze The Effects Of Business Transactions On
The Accounting Equation.
Prepare Financial Statements.
Solutions Manual 1.1 Chapter 1 © 2022 John Wiley & Sons
Canada, Ltd. Unauthorized Copying, Distribution, Or Transmission Of This Page Is Prohibited.
, Weygandt, Kieso, Kimmel, Trenholm, Warren, Novak Accounting Principles, 10th Canadian Edition
Summary Of Questions By Learning Objectives And Bloom‘S Taxonomy
Ite
Item LO BT Item LO BT Item LO BT Item LO BT m LO BT
Questions
1. 1 C 5. 3 C 9. 3 C 13. 4 K 17. 5 C
2. 1 C 6. 3 K 10. 3 C 14. 4 K 18. 5 AP
3. 1 C 7. 3 K 11. 3 C 15. 4 C 19. 6 K
4. 2 K 8. 3 C 12. 4 K 16. 4 K 20. 6 C
Brief Exercises
1. 1 K 5. 3 C 9. 4 AP 13. 5 AP 17. 6 AP
2. 2 C 6. 3 C 10. 4 AP 14. 4,5 AP 18. 6 AP
3. 3 AN 7. 4 C 11. 4 K 15. 4,6 AP
4. 3 C 8. 4 AP 12. 5 AP 16. 6 AP
Exercises
1. 1 C 5. 1,3,5 K 9. 3,5,6 C 13. 4,5 AP 17. 6 AP
2. 1 C 6. 4 AP 10. 5 C 14. 6 AP
3. 2 C 7. 4 AP 11. 5 C 15. 6 AP
4. 3 C 8. 5 C 12. 4,5 AP 16. 6 AP
Problems
1. 1 S 4. 4 AP 7. 3,4,5,6 AP 10. 6 AN
2. 2,3 AP 5. 3,5 C 8. 4,5,6 AP 11. 3,4,5,6 AP
3. 4 AP 6. 4,6 AP 9. 6 AP
Solutions Manual 1.2 Chapter 1 © 2022 John Wiley & Sons
Canada, Ltd. Unauthorized Copying, Distribution, Or Transmission Of This Page Is Prohibited.
