SOLUTION MANUAL i
Accounting Principles, 9th Canadian Edition
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Volume 1 & 2 i i i
By Jerry Weygandt, Donald Kieso,
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Accounting Principles, 9th Canadian Edition
,Accounting Principles, 9th Canadian Edition
TABLE OFCONTENTS L
Volume 1 L
1. Accounting in Action L L
2. The Recording Process
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3. Adjusting the Accounts L L
4. Completion of the Accounting Cycle L L L L
5. Accounting for Merchandising Operations
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6. Inventory Costing L
7. Internal Control and Cash
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8. Accounting for Receivables L L
9. Long-Lived Assets L
10. Current Liabilities and Payroll
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Volume2 L
9. Long-Lived Assets L
10. Current Liabilities and Payroll
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11. Financial Reporting Concepts L L
12. Accounting for Partnerships L L
13. Introduction to Corporations L L
14. Corporations: Additional Topics and IFRS L L L L
15. Non-Current Liabilities L
16. Investments
17. The Cash Flow Statement
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18. Financial Statement Analysis L L
CHAPTER 1
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Accounting Principles, 9th Canadian Edition
,Accounting Principles, 9th Canadian Edition
Accounting inAction L L
LearningObjectives
1. Identify the use and users of accounting and the objective of
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financialreporting.
2. Compare the different forms of business organization.
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3. Explain the building blocks of accounting: ethics and the
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concepts included inthe conceptual framework.
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4. Describe the components of the financial statements and
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explain the accounting equation.
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5. Analyze the effects of business transactions on the
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accounting equation. i
6. Preparefinancialstatements.
Accounting Principles, 9th Canadian Edition
, Accounting Principles, 9th Canadian Edition
Summaryof Questions byLearning Objectives andBloom‘s Taxonomy
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Item LO
iL i Item LO BT Item L iL LO BT Item LO L iL BT Item LO BT
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Questions
1. 1 C 5. 3 C L 9. 3 C 13. 4 K 17. 5 C L
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2. 1 C 6. 3 K 10. 3 C 14. 4 K 18. 5 AP
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3. 1 L
7. 3 K 11. 3 15. L
4 C 19. 6 K
C C
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4. 2 8. 3 C 12. 4 16. 4 K 20. 6 C
K K
BriefExercises
1. 1 K L 5. 3 C 9. 4 AP 13. 5 AP 17. 6 AP
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2. 2 C L 6. 3 C 10. 4 AP 14. 4,5 AP 18. 6 AP
3. 3 AN 7. 4 L
11. 4 K 15. 4,6 L
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AP
4. 3 C 8. 4 12. 5 AP 16. 6
AP AP
Exercises
1. 1 C 5. 1,3,5 K 9. C 13. 4,5 AP 17. 6 AP
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2. 1 C 6. 4 AP 10.
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3. 2 L
7. 4 AP 11. 5 C 15. 6 L
C AP
4. 3 8. 5 C 12. 4,5 AP 16. 6
C AP
Problems
1. 1 S 4. 4 AP 7. ,4,5,6 AP 10. 6 AN
2. 2,3 AP L 5. 3,5 C L 8. AP 11. 3,4,5,6 AP L
3. 4 AP 6. 4,6 AP 9. 6 AP
Accounting Principles, 9th Canadian Edition