SOLUTION MANUAL
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Accounting Principles, 9th Canadian Edition Volume 1 & 2
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By Jerry Weygandt, Donald Kieso,
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TABLE OF CONTENTS
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Accounting Principles, 9th Canadian Edition
,Accounting Principles, 9th Canadian Edition
Volume 1 m
1.mAccountingminmAction
2.mThemRecordingmProcess
3.mAdjustingmthemAccounts
4.mCompletionmofmthemAccountingmCycle
5.mAccountingmformMerchandisingmOperations
6.mInventorymCosting
7.mInternalmControlmandmCash
8.mAccountingmformReceivables
9.mLong-LivedmAssets
10.mCurrentmLiabilitiesmandmPayroll
Volume 2 m
9.mLong-LivedmAssets
10.mCurrentmLiabilitiesmandmPayroll
11.mFinancialmReportingmConcepts
12.mAccountingmformPartnerships
13.mIntroductionmtomCorporations
14.mCorporations:mAdditionalmTopicsmandmIFRS
15.mNon-CurrentmLiabilities
16.mInvestments
17.mThemCashmFlowmStatement
18.mFinancialmStatementmAnalysis
CHAPTER 1
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Accounting Principles, 9th Canadian Edition
,Accounting Principles, 9th Canadian Edition
Accounting in Action m m
Learning Objectives
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1. Identify the use and users of accounting and the objective offin
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ancial reporting.
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2. Compare the different forms of business organization.
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3. Explain the building blocks of accounting: ethics and thecon
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cepts included in the conceptual framework.
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4. Describe the components of the financial statements and ex
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plain the accounting equation.
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5. Analyze the effects of business transactions on theacc
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ounting equation.
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6. Prepare financial statements.
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Accounting Principles, 9th Canadian Edition
, Accounting Principles, 9th Canadian Edition
Summary of Questions by Learning Objectives and Bloom‘s Taxonomy
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Item LO
m BT Item LOBT Item LO m BT Item LO m BT Item LO
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Questions
1. 1 C m 5. 3 C 9.
m 3 C 13.
m 4 K m 17. 5 Cm
2. 1 C m 6. 3 K 10. m 3 C 14.
m 4 K m 18. 5 AP m
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
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1. 1 K m 5. 3 C 9.
m 4 AP 13.
m 5 AP m 17. 6 AP m
2. 2 CA m 6. 3 C 10.
m 4 AP 14. 4,5 AP
m m 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 C m 5. 1,3,5 K 9. 3,5,6
m C 13. 4,5 AP
m m 17. 6 AP
2. 1 C m 6. 4 AP 10. m 5 C 14.
m 6 AP m
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
m m 5. 3,5 C 8. 4,5,6 AP 11. 3,4,5,6 AP
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3. 4 AP 6. 4,6 AP 9. 6 AP
Accounting Principles, 9th Canadian Edition