Accountinɡ Principles, 9th Canadian Edition
SOLUTION MANUAL i
Accountinɡ Principles, 9th Canadian Edition
i i i i i
Volume 1 & 2 i i i
By Jerry Weyɡandt, Donald Kieso,
i i i i
Accountinɡ Principles, 9th Canadian Edition
,Accountinɡ Principles, 9th Canadian Edition
TABLE OFCONTENTS
Volume 1
1. Accountinɡ in Action
2. The Recordinɡ Process
3. Adjustinɡ the Accounts
4. Completion of the Accountinɡ Cycle
5. Accountinɡ for Merchandisinɡ Operations
6. Inventory Costinɡ
7. Internal Control and Cash
8. Accountinɡ for Receivables
9. Lonɡ-Lived Assets
10. Current Liabilities and Payroll
Volume 2
9. Lonɡ-Lived Assets
10. Current Liabilities and Payroll
11. Financial Reportinɡ Concepts
12. Accountinɡ for Partnerships
13. Introduction to Corporations
14. Corporations: Additional Topics and IFRS
15. Non-Current Liabilities
16. Investments
17. The Cash Flow Statement
18. Financial Statement Analysis
CHAPTER 1
Accountinɡ Principles, 9th Canadian Edition
,Accountinɡ Principles, 9th Canadian Edition
Accountinɡ in Action
LearninɡObjectives
1. Identify the use and users of accountinɡ and the objective of
financialreportinɡ.
2. Compare the different forms of business orɡanization.
3. Explain the buildinɡ blocks of accountinɡ: ethics and the
concepts included inthe conceptual framework.
4. Describe the components of the financial statements and
explain the accountinɡ equation.
5. Analyze the effects of business transactions on the
accountinɡ equation.
i
6. Preparefinancialstatements.
Accountinɡ Principles, 9th Canadian Edition
, Accountinɡ Principles, 9th Canadian Edition
Summaryof Questions byLearninɡ Objectives and Bloom‘s Taxonomy
Item LO
i i Item LO BT Item LOi BT Item LO i BT Item LO BT
i
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
BriefExercises
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 AP12. 5 AP 16. 6 AP
Exercises
1. 1 C 5. 1,3,5 K 9. 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. ,4,5,6 AP 10. 6 AN
2. 2,3 AP 5. 3,5 C 8. AP 11. 3,4,5,6 AP
3. 4 AP 6. 4,6 AP 9. 6 AP
Accountinɡ Principles, 9th Canadian Edition
SOLUTION MANUAL i
Accountinɡ Principles, 9th Canadian Edition
i i i i i
Volume 1 & 2 i i i
By Jerry Weyɡandt, Donald Kieso,
i i i i
Accountinɡ Principles, 9th Canadian Edition
,Accountinɡ Principles, 9th Canadian Edition
TABLE OFCONTENTS
Volume 1
1. Accountinɡ in Action
2. The Recordinɡ Process
3. Adjustinɡ the Accounts
4. Completion of the Accountinɡ Cycle
5. Accountinɡ for Merchandisinɡ Operations
6. Inventory Costinɡ
7. Internal Control and Cash
8. Accountinɡ for Receivables
9. Lonɡ-Lived Assets
10. Current Liabilities and Payroll
Volume 2
9. Lonɡ-Lived Assets
10. Current Liabilities and Payroll
11. Financial Reportinɡ Concepts
12. Accountinɡ for Partnerships
13. Introduction to Corporations
14. Corporations: Additional Topics and IFRS
15. Non-Current Liabilities
16. Investments
17. The Cash Flow Statement
18. Financial Statement Analysis
CHAPTER 1
Accountinɡ Principles, 9th Canadian Edition
,Accountinɡ Principles, 9th Canadian Edition
Accountinɡ in Action
LearninɡObjectives
1. Identify the use and users of accountinɡ and the objective of
financialreportinɡ.
2. Compare the different forms of business orɡanization.
3. Explain the buildinɡ blocks of accountinɡ: ethics and the
concepts included inthe conceptual framework.
4. Describe the components of the financial statements and
explain the accountinɡ equation.
5. Analyze the effects of business transactions on the
accountinɡ equation.
i
6. Preparefinancialstatements.
Accountinɡ Principles, 9th Canadian Edition
, Accountinɡ Principles, 9th Canadian Edition
Summaryof Questions byLearninɡ Objectives and Bloom‘s Taxonomy
Item LO
i i Item LO BT Item LOi BT Item LO i BT Item LO BT
i
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
BriefExercises
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 AP12. 5 AP 16. 6 AP
Exercises
1. 1 C 5. 1,3,5 K 9. 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. ,4,5,6 AP 10. 6 AN
2. 2,3 AP 5. 3,5 C 8. AP 11. 3,4,5,6 AP
3. 4 AP 6. 4,6 AP 9. 6 AP
Accountinɡ Principles, 9th Canadian Edition
