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SOLUTION MANUAL i
Accounting Principles, 9th Canadian Edition
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Volume 1 & 2 i ti i
By Jerry Weygandt, Donald Kieso,
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AccountingPrinciples, 9thCanadianEdition
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,AccountingPrinciples,9thCanadianEdition
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TABLEOFCONTENTS t t
Volume 1 t
1. AccountingtintAction
2. ThetRecordingtProcess
3. AdjustingtthetAccounts
4. CompletiontoftthetAccountingtCycle
5. AccountingtfortMerchandisingtOperations
6. InventorytCosting
7. Internalt ControltandtCash
8. AccountingtfortReceivables
9. Long-LivedtAssets
10. CurrenttLiabilitiestandtPayroll
Volume2 t
9. Long-LivedtAssets
10. CurrenttLiabilitiestandtPayroll
11. FinancialtReportingtConcepts
12. AccountingtfortPartnerships
13. IntroductionttotCorporations
14. Corporations:tAdditionaltTopicstandtIFRS
15. Non-CurrenttLiabilities
16. Investments
17. ThetCashtFlowtStatement
18. FinancialtStatementtAnalysis
CHAPTER1 t
AccountingPrinciples, 9thCanadianEdition
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,AccountingPrinciples,9thCanadianEdition t t t t
AccountinginAction t t
LearningObjectives
1. Identify the use and users of accounting and the objective offina
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ncialreporting.
2. Compare the different forms of business organization.
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3. Explain the building blocks of accounting: ethics and theco
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ncepts included inthe conceptual framework.
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4. Describe the components of the financial statements andex
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plainthe accountingequation.
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5. Analyze the effects of business transactions on theac
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countingequation. i
6. Preparefinancialstatements.
AccountingPrinciples, 9thCanadianEdition
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, AccountingPrinciples,9thCanadianEdition t t t t
Summaryof Questions byLearning Objectives and Bloom‘s Taxonomy
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Item LOt it i Item LO BT Item LO t it BT Item LO t it BT Item LO BT ti
Questions
1. 1 C t 5. 3 C t 9. 3 C t 13. 4 K t 17. 5 Ct
2. 1 C t 6. 3 K t 10. 3 C t 14. 4 K t 18. 5 AP t
3. 1 C 7. 3 K 11. 3 C 15. 4 C 19. 6 K
4. 2 K 8. 3 C 12. 4 K 16. 4 K 20. 6 C
BriefExercises
1. 1 K t 5. 3 C t 9. 4 AP t 13. 5 AP 17. t 6 AP t
2. 2 CA
t 6. 3 C t 10. 4 AP t 14. 4,5 AP 18. t 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 t 5. 1,3,5 K t 9. C 13. 4,5 AP 17. t 6 AP
2. 1 C t 6. 4 AP t 10. 5 C 14. 6 AP t
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. ,4,5,6 AP 10. 6 AN
2. 2,3 AP
t t 5. 3,5 C 8. AP 11. 3,4,5,6 AP
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3. 4 AP 6. 4,6 AP 9. 6 AP
AccountingPrinciples, 9thCanadianEdition
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