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SOLUTION MANUAL
Accounting Principles, 9th Canadian Edition Volume 1 & 2
By Jerry Weygandt, Donald Kieso,
TABLE OF CONTENTS
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Accounting Principles, 9th Canadian Edition
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,Accounting Principles, 9th Canadian Edition
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Volume 1 i
1.iAccountingiiniAction
2.iTheiRecordingiProcess
3.iAdjustingitheiAccounts
4.iCompletioniofitheiAccountingiCycle
5.iAccountingiforiMerchandisingiOperations
6.iInventoryiCosting
7.iInternaliControliandiCash
8.iAccountingiforiReceivables
9.iLong-LivediAssets
10.iCurrentiLiabilitiesiandiPayroll
Volume 2 i
9.iLong-LivediAssets
10.iCurrentiLiabilitiesiandiPayroll
11.iFinancialiReportingiConcepts
12.iAccountingiforiPartnerships
13.iIntroductionitoiCorporations
14.iCorporations:iAdditionaliTopicsiandiIFRS
15.iNon-CurrentiLiabilities
16.iInvestments
17.iTheiCashiFlowiStatement
18.iFinancialiStatementiAnalysis
CHAPTER 1 i
Accounting Principles, 9th Canadian Edition
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,Accounting Principles, 9th Canadian Edition i i i i
Accounting in Action i i
Learning Objectivesi
1. Identify the use and users of accounting and the objective offinancial
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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 theconcep
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ts included in the conceptual framework.
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4. Describe the components of the financial statements andexplai
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n the accounting equation.
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5. Analyze the effects of business transactions on theaccoun
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ting equation.
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6. Prepare financial statements. i i
Accounting Principles, 9th Canadian Edition
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, Accounting Principles, 9th Canadian Edition
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Summary of Questions by Learning Objectives and Bloom‘s Taxonomy
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Item LOi BT Item LOBT Item LO BT Item LO
i BT i Item LO
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Questions
1. 1 C i 5. 3 C 9.
i 3 C 13. 4 K
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2. 1 C i 6. 3 K 10. i 3 C 14. 4 K
i i 18. 5 PK
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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 i
1. 1 K i 5. 3 C 9.
i 4 AP 13. 5 AP i i 17. 6 AP i
2. 2 CA
i 6. 3 C 10.
i 4 AP 14. 4,5 AP i i 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 i 5. 1,3,5 K 9. 3,5,6
i C 13. 4,5 AP i i 17. 6 AP
2. 1 C i 6. 4 AP 10. i 5 C 14. 6 APi i
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
i i 5. 3,5 C 8. 4,5,6 AP 11. 3,4,5,6 AP i i
3. 4 AP 6. 4,6 AP 9. 6 AP
Accounting Principles, 9th Canadian Edition
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