solutions manual for accounting principles 7th canadian edition 7edition weygandt donald kieso kimmel trenholm warren novak

Solutions Manual For Accounting Principles 7th Canadian Edition, 7e Wey
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gandt Donald KiesoKimmel Trenholm Warren Novak
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CHAPTER 1 z




Accounting in Action z z




ASSIGNMENT CLASSIFICATION TABLE
z z




BriefzEx Problemsz Problems
LearningzObjectives Questions ercises Exercises SetzA zSetzB




1.zIdentifyzthezusezandz 1,z2,z3 1 1,z2,z5 1 1
userszofzaccountingz
andzthezobjectivezofz
financialzreporting.

2.zComparezdifferentz 4 2 3, 2 2
formszofzbusinessz
organization.

3.zExplainzthezbuildingzbl 5,z6,z7,z8, 3,z4,z5,z6 4,z5,z9,z10 2,z5,z7, 2,z5,z7,z11
ockszofzaccounting:zet 9,z10,z11 11
hicszandzthezconcepts
zincludedzin

thezconceptualzframew
ork.
4.zDescribezthezcomponen 12,z13,z14. 7,z8,z9, 6,z7,z13 3,z4,z6,z7, 3,z4,z6,z7,
tszofzthezfinancialzstate 15,z16 10,z11,z15 8,z11 8,z11
mentszandzexplainzthez
accountingzequation.


5.zAnalyzezthezeffectszofz 17,z18 12,z13,z14 5,z8,z9, 5,z7,z8, 6,z7,z8,z9,
businessztransactions 10,z11, 11 10,z11
zonzthezaccountingzeq 12,z13
uation.

6.zPreparezfinancialzstatem 19,z20 14,z15,z16 9,z14,z15, 6,z7,z8,z9, 2,z5,z7,z11
ents. 17,z18 16,z17 10,z11




SolutionszManual 1-1 Chapterz1
.

,Weygandt,zKieso,zKimmel,zTrenholm,zWarren,zNovak AccountingzPrinciples,zSeventhzCanadianzEdition




ASSIGNMENT CHARACTERISTICS TABLE
z z




ProblemzN Difficulty Time
umber Description zLevel Allottedz(min.)

1A Identifyzuserszandzusezofzaccountingzinformation. Simple 15-20

2A Determinezformszofzbusinesszorganizationzandztype Simple 15-20
szofzaccountingzstandards.
3A Determinezmissingzitems. Moderate 20-25

4A Classifyzaccountszandzpreparezaccountingzequation Simple 20-30
.
5A Assesszaccountingztreatment. Moderate 20-25

6A Analyzeztransactionszandzcalculatezowner’szequity. Simple 35-45
7A Analyzeztransactionszandzpreparezbalancezsheet. Simple 40-50

8A Analyzeztransactionszandzpreparezfinancialzstatemen Moderate 40-50
ts.
9A Preparezfinancialzstatements. Simple 35-45

10A Determinezmissingzamounts,zandzcomment. Moderate 35-45
11A Discusszerrorszandzpreparezcorrectedzbalancezshe Moderate 45-55
et.

1B Identifyzuserszandzusezofzaccountingzinformation. Simple 15-20

2B Determinezformszofzbusinesszorganizationzandztype Simple 15-20
szofzaccountingzstandards.
3B Determinezmissingzitems. Moderate 20-25

4B Classifyzaccountszandzpreparezaccountingzequation Simple 20-30
.
5B Assesszaccountingztreatment. Moderate 20-25

6B Analyzeztransactionszandzcalculatezowner’szequity. Simple 35-45

7B Analyzeztransactionszandzpreparezbalancezsheet. Simple 40-50

8B Analyzeztransactionszandzpreparezfinancialzstatemen Moderate 40-50
ts.
9B Preparezfinancialzstatements. Simple 35-45
10B Determinezmissingzamounts,zandzcomment. Moderate 35-45

11B Discusszerrorszandzpreparezcorrectedzbalancezshe Moderate 45-55
et.




SolutionszManual 1-2 Chapterz1
.

,Weygandt,zKieso,zKimmel,zTrenholm,zWarren,zNovak AccountingzPrinciples,zSeventhzCanadianzEdition




BLOOM’S TAXONOMY TABLE
z z




CorrelationzChartzbetweenzBloom’szTaxonomy,zLearningzObjectiveszandzEnd-of-
zChapterzMaterial




Evaluat
LearningzObjective Knowledge Comprehension Application Analysis Synthesis zion

1.z Identifyz thez usez and Q1-3 Q1-1 P1-1A
userszofzaccounting BE1-1 Q1-2 P1-1B
andzthezobjectivezof E1-5 E1-1
financialzreporting. E1-2

2.zComparezdifferentz Q1- P1-
formszofzbusinessz 4zBE1 2AzP1-
organizationz. - 2BzP1-
2zBE1 11B
-4
BE1-10
E1-3
E1-7

3.zExplainzthezbuildingzbl Q1- Q1- P1- BE1-3
ockszofzaccounting:zet 6zQ1 5zQ1- 2AzP1
hicszandzthezconcepts - 8zQ1- -
zincludedzinzthezconce 7zE1 9zQ1- 2BzP1
ptualzframework. -5 10zQ1 -
-11 3AzP1
BE1- -
4zBE1 3BzP1
-5 -7A
P1-
7BzP1-
11A
BE1-6 P1-11B
E1-4
E1-9
E1-10
P1-5A
P1-5B

4.z Describezthe Q1-12 BE1-7 BE1-8
componentszofzthe Q1-13 BE1-9
financialzstatements Q1-14 BE1-10
andzexplainzthe Q1-16 BE1-14
accountingzequation. BE1-11 BE1-
15zE1-
6
E1-7
E1-13
P1-4A
P1-4B
P1-6A
P1-6B
P1-7A
P1-7B
P1-8A
P1-8B
P1-11A
P1-11B



SolutionszManual 1-3 Chapterz1
.

, Weygandt,zKieso,zKimmel,zTrenholm,zWarren,zNovak AccountingzPrinciples,zSeventhzCanadianzEdition




BLOOM’S TAXONOMY TABLE (Continued)
z z z




Evaluat
LearningzObjective Knowledge Comprehension Application Analysis Synthesis zion

5.z Analyzezthezeffects Q1-19 Q1-17 Q1-18
ofzbusiness E1-5 Q1-20 BE1-12
transactionszonzthe E1-8 BE1-13
accountingzequation. E1-9 BE1-14
E1-10 E1-12
E1-11 E1-13
P1-5A P1-7A
P1-5B P1-7B
P1-8A
P1-8B
P1-11A
P1-11B
6.z Preparezfinancial Q1-19 BE1-15 P1-10A
statements. Q1-20 BE1-16 P1-10B
E1-9 BE1-17
BE1-18
E1-14
E1-15
E1-16
E1-17
P1-6A
P1-6B
P1-7A
P1-7B
P1-8A
P1-8B
P1-9A
P1-9B
P1-11A
P1-11B
BroadeningzYour BYP1-1 SantézSaga BYP1-3 BYP1-4 BYP1-2
Perspective BYP1-z6 BYP1-5




SolutionszManual 1-4 Chapterz1
.