Accounting Principles, 9th Canadian Edition Volume 1 & 2
By Jerry Weygandt, Donald Kieso,
,Volume 1 gy
1. Accounting in Action
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2. The Recording Process
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3. Adjusting the Accounts
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4. Completion of the Accounting Cycle
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5. Accounting for Merchandising Operations
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6. Inventory Costing
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7. Internal Control and Cash
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8. Accounting for Receivables
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9. Long-Lived Assets
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10. Current Liabilities and Payroll
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Volume 2 gy
9. Long-Lived Assets
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10. Current Liabilities and Payroll
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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
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15. Non-Current Liabilities
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16. Investments
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17. The Cash Flow Statement
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18. Financial Statement Analysis
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, CHAPTER 1 gy
Accounting in Action gy gy
Learning Objectives
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1. Identify the use and users of accounting and the objective off
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inancial 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
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concepts included in the conceptual framework.
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4. Describe the components of the financial statements and
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explain the accounting equation.
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5. Analyze the effects of business transactions on thea
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ccounting equation. gy
6. Prepare financial statements.
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, Summary of Questions by Learning Objectives and Bloom‘s Taxonom
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Item L BT Item LO BT Item LO BT Item LO BT
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O O
Questions
1. 1 C 5. 3 C 9.yg 3 C 13.
yg 4 K yg yg 17. 5 Cgy
2. 1 C 6. 3 K 10. yg 3 C 14. yg4 K yg yg 18. 5 AP yg
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 Exercise gy
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1. 1 K 5. 3 C 9. gy 4 AP 13.
yg 5 AP yg yg 17. 6 AP yg
2. 2 C 6. 3 C 10.
gy 4 AP 14. 4,5 AP
yg yg yg 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
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2. 1 C 6. 4 AP 10. yg 5 C 14. 6 ygAP yg yg
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 5. 3,5
g y g y C 8. 4,5,6 AP 11. 3,4,5,6 AP gy gy
3. 4 AP 6. 4,6 AP 9. 6 AP