Financial Accounting with IFRS 4th Edition Solutions Manual – Partnership Accounting & Accounting Information Systems with 15 chapters

Appendix F .




Accounting for Partnerships . .




ASSIGNMENT CLASSIFICATION TABLE
. .




Brief
Learning.Objectives Questions Exercises Exercises Problems

1. 1,.2,.3,.4,.5,.17 1,.2 1,.2,.3 1
Discuss.and.account.for.the.formatio
n.of.a.partnership.

2. 6,.7,.8,.9,.10,.11 3,.4,.5 4,.5,.6,.7 1,.2
Explain.how.to.account.for.net.incom
e.or.net.loss.of.a.partnership.

3. 12,.13,.14,.15,.1 6 8,.9,.10 3
Explain.how.to.account.for.the.liquida 6
tion.of.a.partnership.

. 4. Prepare.journal.entries.when.a. 18,.19,.20,.21,.2 7,.8,.9,.10 11,.12,.13,.14,. 4,.5
new.partner.is.either.admitted.or.withd 2,.23,.24 15
raws.




Copyright.©.2019.WILEY Weygandt,.Financial.Accounting,.IFRS.4/e,.Solutions.Manual (For.Instructor.Use.Only). F-1

,ASSIGNMENT CHARACTERISTICS TABLE
. .




Problem Difficulty Time
Number Description Level Allotted.(min.)

1 Prepare.entries.for.formation.of.a.partnership. Simple 20–30
and.a.statement.of.financial.position.

2 Journalize.divisions.of.net.income.and.prepare. Moderate 30–40
a.partners’.capital.statement.

3 Prepare.entries.with.a.capital.deficiency.in.liquidation. Moderate 30–40
of.a.partnership

4 Journalize.admission.of.a.partner.under.different.assumptions. Moderate 30–40

5 Journalize.withdrawal.of.a.partner.under.different.assumptions Moderate 30–40
.




F-2 Copyright.©.2019.WILEY Weygandt,.Financial.Accounting,.IFRS.4/e,.Solutions.Manual (For.Instructor.Use.Only)

, WEYGANDT FINANCIAL ACCOUNTING, IFRS 4E
. . . .


APPENDIX F .


ACCOUNTING FOR PARTNERSHIPS . .




Number LO BT Difficulty Time.(min.)
BE1 1 AP Simple 2–4
BE2 1 AP Simple 3–5
BE3 2 AP Simple 4–6
BE4 2 AP Simple 4–6
BE5 2 AP Simple 6–8
BE6 3 AP Simple 2–4
BE7 4 AP Simple 2–4
BE8 4 AP Simple 3–5
BE9 4 AP Simple 2–4
BE10 4 AP Simple 3–5
EX1 1 C Simple 6–8
EX2 1 AP Simple 6–8
EX3 1 AP Simple 4–6
EX4 2 AP Simple 10–12
EX5 2 AP Simple 8–10
EX6 2 AP Simple 6–8
EX7 2 AP Simple 8–10
EX8 3 AP Simple 6–8
EX9 3 AP Simple 6–8
EX10 3 AP Simple 6–8
EX11 4 AP Simple 4–6
EX12 4 AP Simple 6–8
EX13 4 AP Simple 4–6
EX14 4 AP Moderate 8–10
EX15 4 AP Moderate 6–8
P1 1,.2 AP Simple 20–30
P2 2 AP Moderate 30–40
P3 3 AP Moderate 30–40
P4 4 AP Moderate 30–40
P5 4 AP Moderate 30–40




Copyright.©.2019.WILEY Weygandt,.Financial.Accounting,.IFRS.4/e,.Solutions.Manual (For.Instructor.Use.Only). F-3

, BLOOM’ S TAXONOMY TABLE
Copyright.©.2019.WILEY




Correlation.Chart.between.Bloom’s.Taxonomy,.Learning.Objectives.and.End-of-Chapter.Exercises.and.Problems

Learning.Objective Knowledge Comprehension Application Analysis Synthesis Evaluation
1. QF-1 QF-17 QF-5 EF-3
Discuss.and.account.for.the. QF-2 DIF-1 BEF-1 PF-1
formation.of.a.partnership. QF-3 EF-1 BEF-2




.
QF-4 EF-2
Weygandt,.Financial.Accounting,.IFRS.4/e,.Solutions.Manual




2. QF-6 QF-8 EF-5
Explain.how.to.account.for.n QF-7 QF-10 EF-6
et.income.or.net.loss.of.a.par QF-9 BEF-3 EF-7
tnership. QF-11 BEF-4 PF-1
BEF-5 PF-2




.
DIF-2
EF-4
3. QF-12 QF-15 EF-8
Explain.how.to.account.for.t QF-13 QF-16 EF-9
he.liquidation.of.a.partnersh QF-14 BEF-6 EF-10
ip. DIF-3a PF-3
DIF-3b
. 4. QF-18 QF-20 EF-12
Prepare.journal.entries.whe QF-19 QF-21 EF-13
n.a.new.partner.is.either.adm QF-23 QF-22 EF-14
itted.or.withdraws. QF-24 BEF-7 EF-15
BEF-8 PF-4
BEF-9 PF-5
(For.Instructor.Use.Only).




BEF-10
EF-11
F-5