Solution Manual for Accounting Principles Volume 1 & Volume 2, 9th Canadian Edition Jerry J. Weygandt, Verified Chapters 1 – 20

SolutionManual forAccountingPrinciplesVolume 1 &
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Volume 2, 9th CanadianEdition Jerry J.Weygandt,
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Verified Chapters 1 – 20
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,TABLE OF CONTENTS br br




Volume 1 br




1. Accounting in Action 2.
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The Recording Process 3.
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Adjusting the Accounts
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4.Completion of the Accounting Cycle br br br br




5.Accounting for Merchandising Operations br br br br




6. Inventory Costing
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7. Internal Control and Cash 8.
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Accounting for Receivables 9.
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Long-Lived Assets
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10. Current Liabilities and Payroll
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Volume 2
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9.Long-Lived Assets br




10.Current Liabilities and Payroll br br br br




11. Financial Reporting Concepts
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12. Accounting for Partnerships
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13. Introduction to Corporations
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14. Corporations: Additional Topics and IFRS 15.
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Non-Current Liabilities
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16.Investments
17.The Cash Flow Statementbr br br




18.Financial Statement Analysis br br

, CHAPTER1 rb




Accounting in Action br br




LearningObjectives
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1. Identifythe use and users of accounting and the objective of
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bfinancialreporting.
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2. Comparethedifferent forms of business organization.
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3. Explain the building blocks of accounting: ethics and the
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bconcepts included in theconceptual framework.
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4. Describethecomponents of the financial statements and
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explainthe accounting equation.
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5. Analyze the effects of business transactions on the
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accountingequation.
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6. Preparefinancialstatements.
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, Summaryof Questions by Learning Objectives and Bloom‘s Taxonomy
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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
BriefExercises
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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. 2,3 AP
b r br b r 5. 3,5 C 8. 4,5,6 AP 11. 3,4,5,6 AP
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3. 4 AP 6. 4,6 AP 9. 6 AP