SOLUTION MANUAL
Accounting Principles, 9th Canadian Edition Volume 1 & 2
By Jerry Weygandt, Donald Kieso,
TABLE OF CONTENTS
Accounting Principles, 9th Canadian Edition
,Accounting Principles, 9th Canadian Edition
Volumej 1
1.j Accountingj inj Action
2.j Thej Recordingj Process
3.j Adjustingj thej Accounts
4.j Completionj ofj thej Accountingj Cycle
5.j Accountingj forj Merchandisingj Operations
6.j Inventoryj Costing
7.j Internalj Controlj andj Cash
8.j Accountingj forj Receivables
9.j Long-Livedj Assets
10.j Currentj Liabilitiesj andj Payroll
Volumej 2
9.j Long-Livedj Assets
10.j Currentj Liabilitiesj andj Payroll
11.j Financialj Reportingj Concepts
12.j Accountingj forj Partnerships
13.j Introductionj toj Corporations
14.j Corporations:j Additionalj Topicsj andj IFRS
15.j Non-Currentj Liabilities
16.j Investments
17.j Thej Cashj Flowj Statement
18.j Financialj Statementj Analysis
CHAPTER 1
j
Accounting Principles, 9th Canadian Edition
,Accounting Principles, 9th Canadian Edition
Accountingj inj Action
Learningj Objectives
1. Identifyj thej usej andj usersj ofj accountingj andj thej objectivej ofj
financialj reporting.
2. Comparej thej differentj formsj ofj businessj organization.
3. Explainj thej buildingj blocksj ofj accounting:j ethicsj andj thej
conceptsj includedj inj thej conceptualj framework.
4. Describej thej componentsj ofj thej financialj statementsj andj
explainj thej accountingj equation.
5. Analyzej thej effectsj ofj businessj transactionsj onj thej
accountingj equation.
6. Preparej financialj statements.
Accounting Principles, 9th Canadian Edition
, Accounting Principles, 9th Canadian Edition
Summaryj ofj Questionsj byj Learningj Objectivesj andj Bloom‘sj Taxonomy
Itemj LO BT Item LOBT Itemj LO BT Itemj LO BT Itemj LO BT
Questions
1. 1 Cj 5. 3 Cj 9. 3 Cj 13. 4 Kj 17. 5 Cj
2. 1 Cj 6. 3 Kj 10. 3 Cj 14. 4 Kj 18. 5 APj
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
Briefj Exercises
1. 1 Kj 5. 3 Cj 9. 4 APj 13. 5 APj 17. 6 APj
2. 2 Cj 6. 3 Cj 10. 4 APj 14. 4,5 APj 18. 6 AP
3. 3 AN 7. 4 C 11. 4 K 15. 4,6 AP
4. 3 C 8. 4 AP 12. 5 AP 16. 6 AP
Exercises
1. 1 Cj 5. 1,3,5 Kj 9. 3,5,6 Cj 13. 4,5 APj 17. 6 AP
2. 1 Cj 6. 4 APj 10. 5 Cj 14. 6 APj
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. 3,4,5,6 AP 10. 6 AN
2.j 2,3j AP 5. 3,5 C 8. 4,5,6 AP 11.j 3,4,5,6j AP
3. 4 AP 6. 4,6 AP 9. 6 AP
Accounting Principles, 9th Canadian Edition