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

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




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 Q Q Q Q




5. Accounting for Merchandising Operations 6. Q Q Q QQ




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 Q




10. Current Liabilities and Payroll 11.
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Financial Reporting Concepts 12.
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Accounting for Partnerships 13.
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Introduction to Corporations
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14. Corporations: Additional Topics and IFRS 15. Non-
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Current Liabilities
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16. Investments
17. The Cash Flow Statement
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18. Financial Statement Analysis Q Q

, CHAPTER 1 Q




Accounting in Action Q Q




Learning Objectives
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1. Identify the use and users of accounting and the objective of financial
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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 the concepts
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included in the conceptual framework.
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4. Describe the components of the financial statements and explain
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the accounting equation.
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5. Analyze the effects of business transactions on the
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Qaccounting equation. Q



6. Prepare financial statements.
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, Summary of Questions by Learning Objectives and Bloom‘s Taxonomy
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Item LO
Q BT Item LO BT Item LOQ Q BT Item LO Q BT Item LOQ BT
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
Brief Exercises
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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
Q Q Q 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