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SOLUTION MANUAL i
Accounting Principles, 9th Canadian Edition
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Volume 1 & 2 i i i
By Jerry Weygandt, Donald Kieso,
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Accounting Principles, 9th Canadian Edition
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,Accounting Principles, 9th Canadian Edition
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TABLE OF CONTENTS i i
Volume 1 i
1. Accounting iin iAction
2. The iRecording iProcess
3. Adjusting ithe iAccounts
4. Completion iof ithe iAccounting iCycle
5. Accounting ifor iMerchandising iOperations
6. Inventory iCosting
7. Internal iControl iand iCash
8. Accounting ifor iReceivables
9. Long-Lived iAssets
10. Current iLiabilities iand iPayroll
Volume 2 i
9. Long-Lived iAssets
10. Current iLiabilities iand iPayroll
11. Financial iReporting iConcepts
12. Accounting ifor iPartnerships
13. Introduction ito iCorporations
14. Corporations: iAdditional iTopics iand iIFRS
15. Non-Current iLiabilities
16. Investments
17. The iCash iFlow iStatement
18. Financial iStatement iAnalysis
CHAPTER 1 i
Accounting Principles, 9th Canadian Edition
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,Accounting Principles, 9th Canadian Edition
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Accounting in Action i i
LearningObjectives
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1. Identify the use and users of accounting and the objective of
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ifinancial reporting. i i
2. Compare the different forms of business organization.
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3. Explain the building blocks of accounting: ethics and the
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iconcepts included in the conceptual framework.
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4. Describe the components of the financial statements and
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iexplain the accounting equation.
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5. Analyze the effects of business transactions on the
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iaccountingequation. i i
6. Prepare financialstatements.
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Accounting Principles, 9th Canadian Edition
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, Accounting Principles, 9th Canadian Edition i i i i
Summary of Questions by Learning Objectives and Bloom‘s Taxonomy
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Item LO i i Item LO BT Item LO BT Item i i LO BT Item LO BT i
iBT Questions
1. i 1 i C i 5. i 3 i C 9. 3 C 13. i i i i i 4 i K i 17. i 5 i Ci
2. i 1 i C i 6. i 3 i K 10. 3 C 14. i i i i i 4 i K i 18. i 5 i AP i
3. i 1 i C i 7. i 3 i K 11. 3 C 15. i i i i i 4 i C i 19. i 6 i Ki
4. i 2 i K i 8. i 3 i C 12. 4 K 16. i i i i i 4 i K i 20. i 6 i Ci
Brief Exercises i
1. i 1 i K i 5. i 3 C
i 9. 4 AP 13. i i i i 5 i AP 17. i 6 i AP i
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2. i 2 i C i 6. i 3 C 10.
i 4 AP 14. i i i i 4,5 i AP 18. i 6 i AP i
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3. i 3 i AN 7. i 4 C 11.
i 4 K 15. i i i i i 4,6 i AP
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4. i 3 i C i 8. i 4 AP 12.
i 5 AP 16. i i i i 6 i AP
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Exercises
1. i 1 i C i 5. i i 1,3,5 K 9. 3,5,6 i i C 13.
i i i i 4,5 i AP 17. i 6 i AP i
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2. i 1 i C i 6. 4 AP 10. 5 C 14. i i i i i 6 i AP
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3. i 2 i C i 7. 4 AP 11. 5 C 15. i i i i i 6 i AP
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4. i 3 i C i 8. 5 C 12. 4,5 AP 16. i i i i 6 i AP
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Problems
1. 1 S i i 4. i 4i AP 7. i ,4,5,6 AP 10. 6 ANi
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2. 2,3 APi i i 5. i 3,5 i C i 8.3
i 4,5,6 AP 11. 3,4,5,6 AP i i i
3. 4 AP i i 6. i 4,6 i AP 9. i 6 AP i
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Accounting Principles, 9th Canadian Edition i i i i