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