Volume 2, 9th Canadian Edition Jerry J. Weygandt,
Verified Chapters 1 – 20
,TABLE OF CONTENTS T T
Volume 1 T
1. Accounting in Action
T T T TT
2. The Recording Process
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TT 3. Adjusting the Account
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s
4.Completion of the Accounting Cycle T T T T
5.Accounting for Merchandising Operations T T T T
T 6. Inventory Costing
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7. Internal Control and Cash
T T T T TT
8. Accounting for Receivables
T T T
TT 9. Long-Lived Assets
T T
10. Current Liabilities and Payroll
T T T T
TT Volume 2 T
9.Long-Lived Assets T
10.Current Liabilities and Payroll T T T T
T 11. Financial Reporting Concepts
T T T
TT 12. Accounting for Partnerships
T T T TT
13. Introduction to Corporations
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14. Corporations: Additional Topics and IFRS 1
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5. Non-Current Liabilities
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16.Investments
17.The Cash Flow Statement T T T
18.Financial Statement Analysis T T
, CHAPTER 1 T
Accounting in Action
T T
LearningTObjectives
1. IdentifyTtheTuseTandTusersTofTaccountingTandTtheTobjectiveTo
fT financialTreporting.
2. CompareTtheTdifferentTformsTofTbusinessTorganization.
3. ExplainTtheTbuildingTblocksTofTaccounting:TethicsTandTth
eT conceptsTincludedTinTtheTconceptualTframework.
4. DescribeTtheTcomponentsTofTtheTfinancialTstatementsTand
T explainTtheTaccountingTequation.
5. AnalyzeTtheTeffectsTofTbusinessTtransactionsTonTth
eT accountingTequation.
6. PrepareTfinancialTstatements.
, SummaryTofTQuestionsTbyTLearningTObjectivesTandTBloom‘sTTaxonomy
ItemT LO BT Item LO BT ItemTT LO BT ItemT LO BT ItemTLO BT
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
BriefTExercises
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 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
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. 3,4,5,6 AP 10. 6 AN
2.T 2,3TT AP 5. 3,5 C 8. 4,5,6 AP 11.T3,4,5,6TAP
3. 4 AP 6. 4,6 AP 9. 6 AP