SOLUTION MANUAL ii
Accounting Principles, 9th Canadian Edition
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Volume 1 & 2 ii ii ii
By Jerry Weygandt, Donald Kieso,
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Accounting Principles, 9th Canadian Edition
,Accounting Principles, 9th Canadian Edition
TABLE OF CONTENTS
Volume 1
1. Accounting in Action
2. The Recording Process
3. Adjusting the Accounts
4. Completion of the Accounting Cycle
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5. Accounting for Merchandising Operations
6. Inventory Costing
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7. Internal Control and Cash
8. Accounting for Receivables
9. Long-Lived Assets
10. Current Liabilities and Payroll
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Volume 2
9. Long-Lived Assets
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10. Current Liabilities and Payroll
11. Financial Reporting Concepts
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12. Accounting for Partnerships
13. Introduction to Corporations
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14. Corporations: Additional Topics and IFRS
15. Non-Current Liabilities
16. Investments
17. The Cash Flow Statement
18. Financial Statement Analysis
CHAPTER 1
Accounting Principles, 9th Canadian Edition
,Accounting Principles, 9th Canadian Edition
Accounting in Action
Learning Objectives
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1. Identify the use and users of accounting and the objective
of financial reporting.
2. Compare the different forms of business organization.
3. Explain the building blocks of accounting: ethics and
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the concepts included in the conceptual framework.
4. Describe the components of the financial statements and
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explain the accounting equation.
5. Analyze the effects of business transactions on the
accountingequation.
6. Prepare financialstatements.
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Accounting Principles, 9th Canadian Edition
, Accounting Principles, 9th Canadian Edition
Summary of Questions byLearning Objectives and Bloom‘s Taxonomy
Item LO
ii ii Item LO BT Item BT Item ii LO BT Item LO BT
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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
1. 1 K 5. 3 C 9. 4 AP 13. 5 AP 17. 6 AP
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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
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Exercises
1. 1 C 5. 1,3,5 9. 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
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Problems
1. 1 S 4. 4 AP 7. ,4,5,6 AP 10. 6 AN
2. 2,3 AP 5. 3,5 C 8. AP 11. 3,4,5,6 AP
3. 4 AP 6. 4,6 AP 9. 6 AP
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Accounting Principles, 9th Canadian Edition