SOLUTION MANUAL FOR ACCOUNTING PRINCIPLES 6TH CANADIAN EDITION (VOLUME 1) WEYGANDTKIESO KIMMEL TRENHOLM KINNEAR BARLOW

SOLUTIONS MANUAL
FOR ACCOUNTING
PRINCIPLES 6TH
CANADIAN EDITION
(VOLUME 1)
WEYGANDTKIESO
KIMMEL TRENHOLM
KINNEAR BARLOW




1

, Accounting In Action

ASSIGNMENT CLASSIFICATION TABLE

Brief Problem Problem
Study Objectives Questions EXERCI EXERCI s Set A s Set B
SE s SE s

1. Identify The Use 1, 2, 3, 4, 1, 2 1 1 1
And Users Of 5
Accounting And
The Objective Of
Financial
Reporting.
2. Compare Different 6, 7, 8, 9 3, 4, 10 2, 3, 7 2, 5, 2, 5, 11
Forms Of Business
Organizations And
Explain How
Canadian
Accounting
Standards Apply To
These
Organizations.
3. Describe The 10, 11, 12, 5, 6, 7, 8, 3, 4, 5, 6 3, 4, 6, 3, 4, 6, 7,
Components Of The 13, 14 9, 13, 14 7, 11 11
Financial
Statements
And Explain The
Accounting
Equation.
4. Determine What 15, 16 10 7, 8 5, 7, 8, 5, 7, 8, 11
Events
Are Recognized In 11
The
Financial
Statements
And How The
Events
Are Measured.

5. Analyze The Effects 17, 18 11, 12, 13 9, 10, 11, 6, 7, 8,11 6, 7, 8,11
Of
Business 12
Transactions
On The Accounting
Equation.

6. Prepare Financial 19, 20 14, 15, 16 13, 14, 7, 8, 9, 7, 8, 9,
Statements. 17, 18 15, 16 10, 11 10, 11




2

,Weygandt, Kieso, Kimmel, Trenholm, Kinnear, Barlow Accounting Principles, Sixth Canadian Edition




ASSIGNMENT CHARACTERISTICS TABLE

Problem Difficulty Time
Number Description Level Allotted
(Min.)

1A Identify Users And Use Of Accounting Simple 15-20
Information.
2A Determine Forms Of Business Simple 15-20
Organization And Types Of
Accounting Standards.
3A Determine Missing Items. Moderate 20-25
4A Classify Accou nts And Prepare Simple 20-30
Accoun tin g
Equation.
5A Assess Accounting Treatment. Moderate 20-25
6A Analyze Transactions And Calculate Simple 35-45
Owner‘s Equity.
7A Analyze Transactions And Prepare Simple 40-50
Balance Sheet.
8A Analyze Transactions And Prepare Moderate 40-50
Financial
Statements.
9A Prepare Financial Statements. Simple 35-45
10A Determine Missing Amounts, And Moderate 35-45
Comment.
11A Discuss Errors And Prepare Moderate 45-55
Corrected Balance Sheet.
1B Identify Users And Use Of Accounting Simple 15-20
Information.
2B Determine Forms Of Business Simple 15-20
Organization And Types Of
Accounting Standards.
3B Determine Missing Items. Moderate 20-25
4B Classify Accounts And Prepare Simple 20-30
Accoun tin g Equation.
5B Assess Accounting Treatment. Moderate 20-25

6B Analyze Transactions And Calculate Simple 35-45
Owner‘s Equity.
7B Analyze Transactions And Prepare Simple 40-50
Balance Sheet.
8B Analyze Transactions And Moderate 40-50
Prepare Financial Statements.
9B Prepare Financial Statements. Simple 35-45
10B Determine Missing Amounts, And Moderate 35-45
Comment.
11B Discuss Errors And Prepare Moderate 45-55
Corrected Balance Sheet.



Solutions Manual 1-3 Chapter 1
.

, Weygandt, Kieso, Kimmel, Trenholm, Kinnear, Barlow Accounting Principles, Sixth Canadian Edition




BLOOM‘S TAXONOMY TABLE

Correlation Chart Between Bloom‘s Taxonomy, Study Objectives And End-
Of- Chapter Material


Eval
Study Knowled Comprehens Applicat Analys Synthes uat
Objective ge ion ion is is
Ion
1. Identify The Q1-4 Q1-1 BE1-2 P1-1A
Use And
Users Of BE1-1 Q1-2 P1-1B
Accounting
And The E1-3 Q1-3
Objective Of
Financial Q1-5
Reporting.
E1-1
2. Compare Q1-8 Q1-6 P1-
Different Q1-7 2A
Forms Of
Business Q1-9 P1-
Organizatio BE1- 2B
ns And 3 P1-
BE1- 11B
Explain How 4
Canadian BE1-
Accounting 10
Standards E1-2
Apply To E1-7
These
Organizations. P1-
5A
P1-
5B
3. Describe The Q1-10 BE1-5 BE1-6
Components Of Q1-11 E1-6 BE1-7
The
Financial Q1-12 BE1-8
Statements
And Explain Q1-13 BE1-9
The
Accounting Q1-14 BE1-13
Equation. E1-3 BE1-
14
E1-4
E1-5
P1-3A
P1-3B
P1-4A
P1-4B
P1-6A
P1-6B
P1-11A

Solutions Manual 1-4 Chapter 1
.