Solution manual for accounting principles volume 1 and volume 2 9th canadian edition jerry j weygandt

Weygandt,PKieso,PKimmel,PTrenholm,PWarren,PNova AccountingPPrinciples,PNinthPCanadianPEditio
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CHAPTER 1 P




Accounting in Action P P




Learning Objectives
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1. Identify the use and users of accounting and the objective of
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financial reporting. P


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 in the 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. P


6. Prepare financial statements.
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Summary of Questions by Learning Objectives and Bloom‘s Taxonomy
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Item LO BT Item LO BT Item LO BT Item LO BT Item 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
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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




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Legend: The following abbreviations will appear throughout thesoluti
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ons manual file.
P P




LO Learning objective P


Bloom's
BT Taxonomy
K Knowledge
C Comprehension
AP Application
AN Analysis
S Synthesis
E Evaluation
Difficulty: Level of difficulty
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S Simple
M Moderate
C Complex
Time: Estimated time to complete in minutes
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AACSB Association to Advance Collegiate Schools of Business
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Communication Communication
Ethics Ethics
Analytic Analytic
Tech. Technology
Diversity Diversity
Reflec. ThinkingP Reflective Thinking P


CPA CM P CPA Canada Competency Map
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Ethics Professional and Ethical Behaviour P P P


PS and DM
P Problem-Solving and Decision-Making
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Comm. Communication
Self-Mgt. Self-Management
Team & Lead P Teamwork and Leadership
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Reporting Financial Reporting P


Stat. & Gov.
P P Strategy and Governance P P


Mgt. Accounting
P Management Accounting P


Audit Audit and Assurance P P


Finance Finance
Tax Taxation



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ASSIGNMENT CLASSIFICATION TABLE
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Brief Problems Problems
LearningPObjectives Questions Exercises Exercises SetPA SetPB

1.PIdentifyPthePusePan 1,P2,P3 1 1,P2,P5 1 1
dPusersPofPaccounti
ngPandPthePobjectiv
ePofPfinancialPreporti
ng.
2.PComparePthePdifferent 4 2 3, 2 2
formsPofPbusinessPor
P

ganization.

3.PExplainPthePbuildingP 5,P6,P7,P8, 3,P4,P5,P6 3,P4,P5,P9, 2,P5,P7, 2,P5,P7,P11
blocksPofPaccounting:P 9,P10,P11 10 11
ethicsPandPthePconce
ptsPincludedPinPthePc
onceptual
framework.
4.PDescribePthePcompo 12,P13,P14. 7,P8,P9, 6,P7,P13 3,P4,P6,P7, 3,P4,P6,P7,
nentsPofPthePfinancial 15,P16 10,P11,P15 8,P11 8,P11
PstatementsPandPexp

lainPthePaccountingPe
quation.
5.PAnalyzePthePeffectsPofP 17,P18 12,P13,P14 5,P8,P9, 5,P7,P8, 6,P7,P8,P9,
businessPtransactionsP 10,P11, 11 10,P11
onPthePaccountingPeq 12,P13
uation.

6.PPreparePfinancialP 19,P20 14,P15,P16 9,P14,P15, 6,P7,P8,P9, 2,P5,P7,P11
statements. 17,P18 16,P17 10,P11




SolutionsPManua 1.4 ChapterP
l ©P2022PJohnPWileyP&PSonsPCanada,PLtd.PUnauthorizedPcopying,Pdistribution,PorPtransmissionPofPthisPpagePis
1 Pprohibi
ted.