Financial Accounting with IFRS Latest Ed
V V V V V
ition - Weygandt Solution Manual
V V V V
CHAPTER 1 V
AccountingVinVAction
ASSIGNMENTVCLASSIFICATIONVTABLE
Brief
Questions Exercises
LearningVObjectives Exercises DoVIt! Problems
1. 1,V2,V3,V4,V5 1 1,V2
IdentifyVtheVactivitiesVand
VusersVassociatedVwithVacco
unting.
2.V ExplainVtheVbuildingVblocksV 6,V7,V8,V9,V10 2 3,V4
ofVaccounting:Vethics,Vprinci
ples,VandVassumptions.
3. 11,V12,V13,V22 1,V2,V3,V4,V5, 3 5 1
StateVtheVaccountingVequ V6
ation,VandVdefineVitsVcomp
onents.
4. 14,V15,V16,V18 7,V8,V9 4 6,V7,V8 1,V2,V4,V5
AnalyzeVtheVeffectsVofVbu
sinessVtransactionsVonVtheVa
ccountingVequation.
5. DescribeVtheVfiveVfinancial 17,V19,V20,V21 10,V11 5 9,V10,V11,V12, 2,V3,V4,V5
statementsVandVhowVtheyVare 13,V14,V15,V16
,
prepared. 17,V18
,ASSIGNMENTVCHARACTERISTICSVTABLE
Problem Difficulty TimeVAllotte
dV(min.)
Number Description VLevel
1 AnalyzeVtransactionsVandVcomputeVnetVincome. Moderate 40–50
2 AnalyzeVtransactionsVandVprepareVincomeVstatement Moderate 50–60
,VretainedVearningsVstatement,VandVstatementVofVfina
ncialVposition.
3 PrepareVincomeVstatement,VretainedVearningsVstateme Moderate 50–60
nt,VandVstatementVofVfinancialVposition.
4 AnalyzeVtransactionsVandVprepareVfinancialVstatements. Moderate 40–50
5 DetermineVfinancialVstatementVamountsVandVprep Moderate 40–50
areVretainedVearningsVstatement.
, WEYGANDTVFINANCIALVACCOUNTINGVIFRSV4EVCHAPT
ERV1
ACCOUNTINGVINVACTION
Number LO BT Difficulty TimeV(min.)
BE1 3 AP Simple 2–4
BE2 3 AP Simple 3–5
BE3 3 AP Moderate 4–6
BE4 3 AP Moderate 4–6
BE5 3 C Simple 2–4
BE6 3 C Simple 2–4
BE7 4 C Simple 2–4
BE8 4 C Simple 2–4
BE9 4 C Simple 1–2
BE10 5 AP Simple 3–5
BE11 5 C Simple 2–4
DI1 1 K Simple 2–4
DI2 2 K Simple 2–4
DI3 3 AP Simple 6–8
DI4 4 AP Moderate 8–10
DI5 5 AP Moderate 10–12
EX1 1 C Moderate 5–7
EX2 1 C Simple 6–8
, EX3 2 C Moderate 6–8
EX4 2 C Moderate 6–8
EX5 3 C Simple 4–6
EX6 4 C Simple 6–8
EX7 4 C Simple 4–6
EX8 4 AP Moderate 12–15
EX9 5 AP Simple 12–15
EX10 5 AP Moderate 8–10
EX11 5 AP Moderate 6–8
EX12 5 AP Simple 8–10
EX13 5 AN Simple 8–10
EX14 5 AP Simple 10–12
EX15 5 AP Simple 6–8
EX16 5 AP Moderate 6–8
EX17 5 AP Moderate 6–8
EX18 5 C Simple 2–4
V V V V V
ition - Weygandt Solution Manual
V V V V
CHAPTER 1 V
AccountingVinVAction
ASSIGNMENTVCLASSIFICATIONVTABLE
Brief
Questions Exercises
LearningVObjectives Exercises DoVIt! Problems
1. 1,V2,V3,V4,V5 1 1,V2
IdentifyVtheVactivitiesVand
VusersVassociatedVwithVacco
unting.
2.V ExplainVtheVbuildingVblocksV 6,V7,V8,V9,V10 2 3,V4
ofVaccounting:Vethics,Vprinci
ples,VandVassumptions.
3. 11,V12,V13,V22 1,V2,V3,V4,V5, 3 5 1
StateVtheVaccountingVequ V6
ation,VandVdefineVitsVcomp
onents.
4. 14,V15,V16,V18 7,V8,V9 4 6,V7,V8 1,V2,V4,V5
AnalyzeVtheVeffectsVofVbu
sinessVtransactionsVonVtheVa
ccountingVequation.
5. DescribeVtheVfiveVfinancial 17,V19,V20,V21 10,V11 5 9,V10,V11,V12, 2,V3,V4,V5
statementsVandVhowVtheyVare 13,V14,V15,V16
,
prepared. 17,V18
,ASSIGNMENTVCHARACTERISTICSVTABLE
Problem Difficulty TimeVAllotte
dV(min.)
Number Description VLevel
1 AnalyzeVtransactionsVandVcomputeVnetVincome. Moderate 40–50
2 AnalyzeVtransactionsVandVprepareVincomeVstatement Moderate 50–60
,VretainedVearningsVstatement,VandVstatementVofVfina
ncialVposition.
3 PrepareVincomeVstatement,VretainedVearningsVstateme Moderate 50–60
nt,VandVstatementVofVfinancialVposition.
4 AnalyzeVtransactionsVandVprepareVfinancialVstatements. Moderate 40–50
5 DetermineVfinancialVstatementVamountsVandVprep Moderate 40–50
areVretainedVearningsVstatement.
, WEYGANDTVFINANCIALVACCOUNTINGVIFRSV4EVCHAPT
ERV1
ACCOUNTINGVINVACTION
Number LO BT Difficulty TimeV(min.)
BE1 3 AP Simple 2–4
BE2 3 AP Simple 3–5
BE3 3 AP Moderate 4–6
BE4 3 AP Moderate 4–6
BE5 3 C Simple 2–4
BE6 3 C Simple 2–4
BE7 4 C Simple 2–4
BE8 4 C Simple 2–4
BE9 4 C Simple 1–2
BE10 5 AP Simple 3–5
BE11 5 C Simple 2–4
DI1 1 K Simple 2–4
DI2 2 K Simple 2–4
DI3 3 AP Simple 6–8
DI4 4 AP Moderate 8–10
DI5 5 AP Moderate 10–12
EX1 1 C Moderate 5–7
EX2 1 C Simple 6–8
, EX3 2 C Moderate 6–8
EX4 2 C Moderate 6–8
EX5 3 C Simple 4–6
EX6 4 C Simple 6–8
EX7 4 C Simple 4–6
EX8 4 AP Moderate 12–15
EX9 5 AP Simple 12–15
EX10 5 AP Moderate 8–10
EX11 5 AP Moderate 6–8
EX12 5 AP Simple 8–10
EX13 5 AN Simple 8–10
EX14 5 AP Simple 10–12
EX15 5 AP Simple 6–8
EX16 5 AP Moderate 6–8
EX17 5 AP Moderate 6–8
EX18 5 C Simple 2–4
