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SOLUTIONlMANUAL
AccountinglPrinciples,l9thlCanadianlEditionlVolumel1l&l2
BylJerrylWeygandt,lDonaldlKieso,
TABLE OF CONTENTS
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AccountinglPrinciples,l9thlCanadianlEdition
,Accounting Principles, 9th Canadian Edition
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Volumel1
1.lAccountinglinlAction
2.lThelRecordinglProcess
3.lAdjustinglthelAccounts
4.lCompletionloflthelAccountinglCycle
5.lAccountinglforlMerchandisinglOperations
6.lInventorylCosting
7.lInternallControllandlCash
8.lAccountinglforlReceivables
9.lLong-LivedlAssets
10.lCurrentlLiabilitieslandlPayroll
Volumel2
9.lLong-LivedlAssets
10.lCurrentlLiabilitieslandlPayroll
11.lFinanciallReportinglConcepts
12.lAccountinglforlPartnerships
13.lIntroductionltolCorporations
14.lCorporations:lAdditionallTopicslandlIFRS
15.lNon-CurrentlLiabilities
16.lInvestments
17.lThelCashlFlowlStatement
18.lFinanciallStatementlAnalysis
CHAPTER 1 l
AccountinglPrinciples,l9thlCanadianlEdition
,Accounting Principles, 9th Canadian Edition
l l l l
AccountinglinlAction
LearninglObjectives
1. Identifyltheluselandlusersloflaccountinglandlthelobjectiveloflfinanci
allreporting.
2. Compareltheldifferentlformsloflbusinesslorganization.
3. Explainlthelbuildinglblocksloflaccounting:lethicslandlthelconce
ptslincludedlinlthelconceptuallframework.
4. Describelthelcomponentsloflthelfinanciallstatementslandlexplai
nlthelaccountinglequation.
5. Analyzeltheleffectsloflbusinessltransactionslonlthelaccou
ntinglequation.
6. Preparelfinanciallstatements.
AccountinglPrinciples,l9thlCanadianlEdition
, Accounting Principles, 9th Canadian Edition
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SummaryloflQuestionslbylLearninglObjectiveslandlBloom‘slTaxonomy
Iteml LO BT Item LOBT Iteml LO BT Iteml LO BT Iteml LO BT
Questions
1. 1 Cl 5. 3 Cl 9. 3 Cl 13. 4 Kl 17. 5 ClA
2. 1 Cl 6. 3 Kl 10. 3 Cl 14. 4 Kl 18. 5 PlK
3. 1 C 7. 3 K 11. 3 C 15. 4 C 19. 6 C
4. 2 K 8. 3 C 12. 4 K 16. 4 K 20. 6
BrieflExercises
1. 1 Kl 5. 3 Cl 9. 4 APl 13. 5 APl 17. 6 APl
2. 2 ClA 6. 3 Cl 10. 4 APl 14. 4,5 APl 18. 6 AP
3. 3 N 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 Cl 5. 1,3,5 Kl 9. 3,5,6 Cl 13. 4,5 APl 17. 6 AP
2. 1 Cl 6. 4 APl 10. 5 Cl 14. 6 APl
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.l 2,3l AP 5. 3,5 C 8. 4,5,6 AP 11.l 3,4,5,6lAP
3. 4 AP 6. 4,6 AP 9. 6 AP
AccountinglPrinciples,l9thlCanadianlEdition