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SOLUTION MANUAL n
ACCOUNTING PRINCIPLES, 9TH CANADIAN EDITION
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VOLUME 1 & 2
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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 n n n
Volume 1 n
1. nAccounting nin nAction
2. nThe nRecording nProcess
3. nAdjusting nthe nAccounts
4. nCompletion nof nthe nAccounting nCycle
5. nAccounting nfor nMerchandising nOperations
6. nInventory nCosting
7. nInternal nControl nand nCash
8. nAccounting nfor nReceivables
9. nLong-Lived nAssets
10. nCurrent nLiabilities nand nPayroll
Volume 2 n
9. nLong-Lived nAssets
10. nCurrent nLiabilities nand nPayroll
11. nFinancial nReporting nConcepts
12. nAccounting nfor nPartnerships
13. nIntroduction nto nCorporations
14. nCorporations: nAdditional nTopics nand nIFRS
15. nNon-Current nLiabilities
16. nInvestments
17. nThe nCash nFlow nStatement
18. nFinancial nStatement nAnalysis
Accounting Principles, 9th Canadian Edition
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,Accounting Principles, 9th Canadian Edition
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CHAPTER 1 n
Accounting in Action n n
Learning Objectives
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1. Identify the use and users of accounting and the
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nobjective offinancial reporting.
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2. Compare the different forms of business organization.
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3. Explain the building blocks of accounting: ethics and
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ntheconcepts included in the conceptual framework.
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4. Describe the components of the financial statements
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nandexplain the accounting equation.
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5. Analyze the effects of business transactions on
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ntheaccounting equation.
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6. Prepare financial statements.
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Accounting Principles, 9th Canadian Edition
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, Accounting Principles, 9th Canadian Edition
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Summary of Questions by Learning Objectives and Bloom‘s Taxonomy
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Item BT Item LO BT Item n LO BT Item LO BT n Item BT
nLO nLO
Questions
1. 1 C 5. 3 C 9. 3 C 13. 4 K 17. 5 C
2. 1 C
n 6. 3 K 10.
n 3 C n 14. 4 K
n 18. 5 nA
3. 1 C
n 7. 3 K 11.
n 3 C n 15. 4 C
n 19. 6 PK n
4. 2 K 8. 3 C 12. 4 K 16. 4 K 20. 6 C
Brief Exercises n
1. 1 K 5. 3 C 9. 4 AP 13. 5 AP 17. 6 AP
2. 2 C
n 6. 3 C 10.
n 4 AP n 14. 4,5 AP 18.
n 6 AP
n
3. 3 A
n 7. 4 C 11.
n 4 K n 15. 4,6 AP
n
4. 3 N 8. 4 AP 12. 5 AP 16. 6 AP
C
Exercises
1. 1 C 5. 1,3,5 K 9. 3,5,6 C 13. 4,5 AP 17. 6 AP
2. 1 C
n 6. 4 A 10. n 5 C n 14. 6 AP
n
3. 2 C
n 7. 4 P 11. 5 C n 15. 6 AP
n
4. 3 C 8. 5 AP 12. 4,5
n AP 16. 6 AP
C
Problems
1. 1 S 4. 4 AP 7. 3,4,5,6 AP 10. 6 AN
2. 2,3
n 5. 3,5 C 8. 4,5,6 AP 11. 3,4,5,6 AP
n n
n AP
3. 4 AP 6. 4,6 AP 9. 6 AP
Accounting Principles, 9th Canadian Edition
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