Accounting Principles Volume 1 10th
Canadian Edition
ST
SOLUTIONS
UV
MANUAL
IA
_A
Jerry J. Weygandt
Paul D. Kimmel
Jill E. Mitchell
PP
────────────────────────────────────────────────────
Comprehensive Solutions Manual for
RO
Instructors and Students
© Jerry J. Weygandt, Paul D. Kimmel, Jill E. Mitchell,
VE
Valerie Warren & Lori Novak. All rights reserved.
Reproduction or distribution without permission is prohibited.
D?
||| ||| || ||| || | || ||| | || ||| |
9781394277735
© MEDCONNOISSEUR
, Edrftgyihu
Solutions jiuh
Manual — Accounting Principles, Volume 1, 10th Canadian Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Jill E. Mitchell, Valerie Warren, Lori Novak
ISBN: 9781394277735
ST
Chapter 1: Accounting in Action
Chapter 2: The Recording Process
Chapter 3: Adjusting the Accounts
UV
Chapter 4: Completion of the Accounting Cycle
Chapter 5: Accounting for Merchandising Operations
Chapter 6: Inventory Costing
IA
Chapter 7: Internal Control and Cash
Chapter 8: Accounting for Receivables
_A
Chapter 9: Long-Lived Assets
Chapter 10: Current Liabilities and Payroll
PP
RO
VE
D?
© MEDCONNOISSEUR
, SOLUTION MANUAL FOR
ACCOUNTING PRINCIPLES, VOLUME 1, 10TH CANADIAN EDITION JERRY
J. WEYGANDT, PAUL D. KIMMEL, JILL E. MITCHELL, VALERIE WARREN,
LORI NOVAK
ST
CHAPTER 1-10
CHAPTER 1
Accounting in Action
UV
Learning Objectives
1. Identify the use and users of accounting and the objective of
IA
financial reporting.
2. Compare the different forms of business organization.
3. Explain the building blocks of accounting: ethics and the
_A
concepts included in the conceptual framework.
4. Describe the components of the financial statements and
explain the accounting equation.
5. Analyze the effects of business transactions on the
PP
accounting equation.
6. Prepare financial statements.
RO
VE
D?
, Summary of Questions by Learning Objectives and Bloom‘s Taxonomy
Item LO BT Item LO BT Item LO BT Item LO BT Item LO BT
Questions
ST
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
UV
4. 2 K 8. 3 C 12. 4 K 16. 4 K 20. 6 C
Brief Exercises
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
IA
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
_A
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
PP
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
RO
Legend: The following abbreviations will appear throughout the
solutions manual file.
LO Learning objective
Bloom's
VE
BT Taxonomy
K Knowledge
C Comprehension
AP Application
D?
AN Analysis
S Synthesis
E Evaluation
Difficulty: Level of difficulty
S Simple