b b b b
SOLUTION MANUAL
Accounting Principles, 9th Canadian Edition Volume 1 & 2
By Jerry Weygandt, Donald Kieso,
TABLE OF CONTENTS
b b b
Accounting Principles, 9th Canadian Edition
b b b b
,Accounting Principles, 9th Canadian Edition
b b b b
Volume 1 b
1.bAccountingbinbAction
2.bThebRecordingbProcess
3.bAdjustingbthebAccounts
4.bCompletionbofbthebAccountingbCycle
5.bAccountingbforbMerchandisingbOperations
6.bInventorybCosting
7.bInternalbControlbandbCash
8.bAccountingbforbReceivables
9.bLong-LivedbAssets
10.bCurrentbLiabilitiesbandbPayroll
Volume 2 b
9.bLong-LivedbAssets
10.bCurrentbLiabilitiesbandbPayroll
11.bFinancialbReportingbConcepts
12.bAccountingbforbPartnerships
13.bIntroductionbtobCorporations
14.bCorporations:bAdditionalbTopicsbandbIFRS
15.bNon-CurrentbLiabilities
16.bInvestments
17.bThebCashbFlowbStatement
18.bFinancialbStatementbAnalysis
CHAPTER 1 b
Accounting Principles, 9th Canadian Edition
b b b b
,Accounting Principles, 9th Canadian Edition b b b b
Accounting in Action b b
Learning Objectives
b
1. Identify the use and users of accounting and the objective offinanci
b b b b b b b b b b b
al reporting.
b
2. Compare the different forms of business organization.
b b b b b b
3. Explain the building blocks of accounting: ethics and theconce
b b b b b b b b b
pts included in the conceptual framework.
b b b b b
4. Describe the components of the financial statements andexplai
b b b b b b b b
n the accounting equation.
b b b
5. Analyze the effects of business transactions on theaccou
b b b b b b b b
nting equation.
b
6. Prepare financial statements.
b b
Accounting Principles, 9th Canadian Edition
b b b b
, Accounting Principles, 9th Canadian Edition
b b b b
Summary of Questions by Learning Objectives and Bloom‘s Taxonomy
b b b b b b b b
Item LOb BT Item LOBT Item LO BT Item LO
b BT b Item LO
b BT
Questions
1. 1 C b 5. 3 C 9.
b 3 C 13. 4 b K b 17. 5 CA
b
2. 1 C b 6. 3 K 10. b 3 C 14. 4 b K b 18. 5 PK
b
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 b
1. 1 K b 5. 3 C 9.
b 4 AP 13. 5 AP b b 17. 6 AP b
2. 2 CA
b 6. 3 C 10.
b 4 AP 14. 4,5 AP b b 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 b 5. 1,3,5 K 9. 3,5,6
b C 13. 4,5 AP b b 17. 6 AP
2. 1 C b 6. 4 AP 10. b 5 C 14. 6 bAP b
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
b b 5. 3,5 C 8. 4,5,6 AP 11. 3,4,5,6 AP b b
3. 4 AP 6. 4,6 AP 9. 6 AP
Accounting Principles, 9th Canadian Edition
b b b b