SOLUTION MANUAL ACCOUNTING PRINCIPLES, 9TH CANADIAN EDITION VOLUME 1 & 2 BY WEYGANDT, DONALD KIESO ISBN; 9781119786771 ALL CHAPTERS COVERED GRADED A+ NEWEST VERSION.

Weygandt, Kieso, Kimmel, Trenholm, Warren, Novak Accounting Principles, Ninth Canadian Edition




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CHAPTER 1




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Accounting in Action




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Learning Objectives




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1. Identify the use and users of accounting and the objective of




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financial reporting.
2. Compare the different forms of business organization.
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3. Explain the building blocks of accounting: ethics and the
concepts included in the conceptual framework.
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4. Describe the components of the financial statements and
explain the accounting equation.
5. Analyze the effects of business transactions on the
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accounting equation.
6. Prepare financial statements.
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Solutions Manual 1.1 Chapter 1
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, Weygandt, Kieso, Kimmel, Trenholm, Warren, Novak Accounting Principles, Ninth Canadian Edition




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Summary of Questions by Learning Objectives and Bloom‘s Taxonomy




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Item LO BT Item LO BT Item LO BT Item LO BT Item LO BT




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Questions




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1. 1 C 5. 3 C 9. 3 C 13. 4 K 17. 5 C




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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




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4. 2 K 8. 3 C 12. 4 K 16. 4 K 20. 6 C
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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
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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
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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
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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 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
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Solutions Manual 1.2 Chapter 1
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NURSINGBYTES

,Weygandt, Kieso, Kimmel, Trenholm, Warren, Novak Accounting Principles, Ninth Canadian Edition




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Legend: The following abbreviations will appear throughout the




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solutions manual file.




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LO Learning objective




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Bloom's




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BT Taxonomy
K Knowledge




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C Comprehension
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AP Application
AN Analysis




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S Synthesis
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E Evaluation
Difficulty: Level of difficulty
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M Moderate
C Complex
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Time: Estimated time to complete in minutes
AACSB Association to Advance Collegiate Schools of Business
Communication Communication
Ethics Ethics
Analytic Analytic
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Tech. Technology
Diversity Diversity
Reflec. Thinking Reflective Thinking
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CPA CM CPA Canada Competency Map
Ethics Professional and Ethical Behaviour
PS and DM Problem-Solving and Decision-Making
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Comm. Communication
Self-Mgt. Self-Management
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Team & Lead Teamwork and Leadership
Reporting Financial Reporting
Stat. & Gov. Strategy and Governance
Mgt. Accounting Management Accounting
Audit Audit and Assurance
Finance Finance
Tax Taxation



Solutions Manual 1.3 Chapter 1
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, Weygandt, Kieso, Kimmel, Trenholm, Warren, Novak Accounting Principles, Ninth Canadian Edition




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ASSIGNMENT CLASSIFICATION TABLE




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Brief Problems Problems
Learning Objectives Questions Exercises Exercises Set A Set B




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1. Identify the use and 1, 2, 3 1 1, 2, 5 1 1
users of accounting




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and the objective of
financial reporting.




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2. Compare the different 4 2 3, 2 2
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forms of business
organization.




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3. Explain the building 5, 6, 7, 8, 3, 4, 5, 6 3, 4, 5, 9, 2, 5, 7, 2, 5, 7, 11
blocks of accounting: 9, 10, 11 10 11
ethics and the
concepts included in
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the conceptual
framework.
4. Describe the 12, 13, 14. 7, 8, 9, 6, 7, 13 3, 4, 6, 7, 3, 4, 6, 7,
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components of the 15, 16 10, 11, 15 8, 11 8, 11
financial statements
and explain the
accounting equation.
5. Analyze the effects of 17, 18 12, 13, 14 5, 8, 9, 5, 7, 8, 6, 7, 8, 9,
business transactions 10, 11, 11 10, 11
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on the accounting 12, 13
equation.

6. Prepare financial 19, 20 14, 15, 16 9, 14, 15, 6, 7, 8, 9, 2, 5, 7, 11
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statements. 17, 18 16, 17 10, 11
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Solutions Manual 1.4 Chapter 1
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