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