Accounting Principles, 9th Canadian Edition
QN QN QN QN
SOLUTION MANUAL
Accounting Principles, 9th Canadian Edition Volume 1 & 2
By Jerry Weygandt, Donald Kieso,
TABLE OF CONTENTS
QN QN QN
Accounting Principles, 9th Canadian Edition
QN QN QN QN
,Accounting Principles, 9th Canadian Edition QN QN QN QN
Volume 1 QN
1. Accounting in Action
QN QN QN
2. The Recording Process
QN QN QN
3. Adjusting the Accounts
QN QN QN
4. Completion of the Accounting Cycle
QN QN QN QN QN
5. Accounting for Merchandising Operations
QN QN QN QN
6. Inventory Costing
QN QN
7. Internal Control and Cash
QN QN QN QN
8. Accounting for Receivables
QN QN QN
9. Long-Lived Assets
QN QN
10. Current Liabilities and Payroll
QN QN QN QN
Volume 2 QN
9. Long-Lived Assets
QN QN
10. Current Liabilities and Payroll
QN QN QN QN
11. Financial Reporting Concepts
QN QN QN
12. Accounting for Partnerships
QN QN QN
13. Introduction to Corporations
QN QN QN
14. Corporations: Additional Topics and IFRS
QN QN QN QN QN
15. Non-Current Liabilities
QN QN
16. Investments
QN
17. The Cash Flow Statement
QN QN QN QN
18. Financial Statement Analysis
QN QN QN
CHAPTER 1 QN
Accounting Principles, 9th Canadian Edition QN QN QN QN
,Accounting Principles, 9th Canadian Edition QN QN QN QN
Accounting in Action QN QN
Learning Objectives
QN
1. Identify the use and users of accounting and the objective offinan
QN QN QN QN QN QN QN QN QN QN Q
N
cial reporting.
QN
2. Compare the different forms of business organization.
QN QN QN QN QN QN
3. Explain the building blocks of accounting: ethics and theconc
QN QN QN QN QN QN QN QN Q
N
epts included in the conceptual framework.
QN QN QN QN QN
4. Describe the components of the financial statements andexpl
QN QN QN QN QN QN QN Q
N
ain the accounting equation.
QN QN QN
5. Analyze the effects of business transactions on theacco
QN QN QN QN QN QN QN Q
N
unting equation. QN
6. Prepare financial statements. QN QN
Accounting Principles, 9th Canadian Edition
QN QN QN QN
, Accounting Principles, 9th Canadian Edition QN QN QN QN
Summary of Questions by Learning Objectives and Bloom‘s Taxonomy
QN QN QN QN QN QN QN QN
Item LO Q N BT Item LO
BT Item LO BT Item LO
Q N BT Q N Item LO
QN BT
Questions
1. 1 C Q
N 5. 3 C 9. Q
N 3 C 13. 4 K Q
N Q
N 17. 5 CA
QN
2. 1 C Q
N 6. 3 K 10. Q
N 3 C 14. 4 K Q
N Q
N 18. 5 PKQ
N
3. 1 C 7. 3 K 11. 3 C 15. 4 C 19. 6 C
4. 2 K 8. 3 C 12. 4 K 16. 4 K 20. 6
Brief Exercises QN
1. 1 K QN 5. 3 C 9. Q
N 4 AP 13. 5 AP Q
N Q
N 17. 6 AP Q
N
2. 2 CA
QN 6. 3 C 10. Q
N 4 AP 14. 4,5 AP Q
N Q
N 18. 6 AP
3. 3 N 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 Q
N 5. 1,3,5 K 9. 3,5,6
QN C 13. 4,5 AP Q
N Q
N 17. 6 AP
2. 1 C Q
N 6. 4 AP 10. 5Q
N C 14. 6 AP Q
N Q
N
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
Q N Q N AP 5. 3,5 C 8. 4,5,6 AP 11. 3,4,5,6 AP QN QN
3. 4 AP 6. 4,6 AP 9. 6 AP
Accounting Principles, 9th Canadian Edition QN QN QN QN
QN QN QN QN
SOLUTION MANUAL
Accounting Principles, 9th Canadian Edition Volume 1 & 2
By Jerry Weygandt, Donald Kieso,
TABLE OF CONTENTS
QN QN QN
Accounting Principles, 9th Canadian Edition
QN QN QN QN
,Accounting Principles, 9th Canadian Edition QN QN QN QN
Volume 1 QN
1. Accounting in Action
QN QN QN
2. The Recording Process
QN QN QN
3. Adjusting the Accounts
QN QN QN
4. Completion of the Accounting Cycle
QN QN QN QN QN
5. Accounting for Merchandising Operations
QN QN QN QN
6. Inventory Costing
QN QN
7. Internal Control and Cash
QN QN QN QN
8. Accounting for Receivables
QN QN QN
9. Long-Lived Assets
QN QN
10. Current Liabilities and Payroll
QN QN QN QN
Volume 2 QN
9. Long-Lived Assets
QN QN
10. Current Liabilities and Payroll
QN QN QN QN
11. Financial Reporting Concepts
QN QN QN
12. Accounting for Partnerships
QN QN QN
13. Introduction to Corporations
QN QN QN
14. Corporations: Additional Topics and IFRS
QN QN QN QN QN
15. Non-Current Liabilities
QN QN
16. Investments
QN
17. The Cash Flow Statement
QN QN QN QN
18. Financial Statement Analysis
QN QN QN
CHAPTER 1 QN
Accounting Principles, 9th Canadian Edition QN QN QN QN
,Accounting Principles, 9th Canadian Edition QN QN QN QN
Accounting in Action QN QN
Learning Objectives
QN
1. Identify the use and users of accounting and the objective offinan
QN QN QN QN QN QN QN QN QN QN Q
N
cial reporting.
QN
2. Compare the different forms of business organization.
QN QN QN QN QN QN
3. Explain the building blocks of accounting: ethics and theconc
QN QN QN QN QN QN QN QN Q
N
epts included in the conceptual framework.
QN QN QN QN QN
4. Describe the components of the financial statements andexpl
QN QN QN QN QN QN QN Q
N
ain the accounting equation.
QN QN QN
5. Analyze the effects of business transactions on theacco
QN QN QN QN QN QN QN Q
N
unting equation. QN
6. Prepare financial statements. QN QN
Accounting Principles, 9th Canadian Edition
QN QN QN QN
, Accounting Principles, 9th Canadian Edition QN QN QN QN
Summary of Questions by Learning Objectives and Bloom‘s Taxonomy
QN QN QN QN QN QN QN QN
Item LO Q N BT Item LO
BT Item LO BT Item LO
Q N BT Q N Item LO
QN BT
Questions
1. 1 C Q
N 5. 3 C 9. Q
N 3 C 13. 4 K Q
N Q
N 17. 5 CA
QN
2. 1 C Q
N 6. 3 K 10. Q
N 3 C 14. 4 K Q
N Q
N 18. 5 PKQ
N
3. 1 C 7. 3 K 11. 3 C 15. 4 C 19. 6 C
4. 2 K 8. 3 C 12. 4 K 16. 4 K 20. 6
Brief Exercises QN
1. 1 K QN 5. 3 C 9. Q
N 4 AP 13. 5 AP Q
N Q
N 17. 6 AP Q
N
2. 2 CA
QN 6. 3 C 10. Q
N 4 AP 14. 4,5 AP Q
N Q
N 18. 6 AP
3. 3 N 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 Q
N 5. 1,3,5 K 9. 3,5,6
QN C 13. 4,5 AP Q
N Q
N 17. 6 AP
2. 1 C Q
N 6. 4 AP 10. 5Q
N C 14. 6 AP Q
N Q
N
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
Q N Q N AP 5. 3,5 C 8. 4,5,6 AP 11. 3,4,5,6 AP QN QN
3. 4 AP 6. 4,6 AP 9. 6 AP
Accounting Principles, 9th Canadian Edition QN QN QN QN
