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SOLUTION MANUAL f
Accounting Principles, 9th Canadian Edition Volume 1 & 2
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By Jerry Weygandt, Donald Kieso,
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TABLEOFCONTENTS
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Accounting Principles, 9th Canadian Edition
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,Accounting Principles, 9thCanadian Edition f f f f
1
1. Accounting in Action f f
2. The Recording Process
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3. Adjusting the Accounts f f
4. Completion of the Accounting Cycle f f f f
5. Accounting for Merchandising Operations f f f
6. Inventory Costing f
7. Internal Control and Cash
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8. Accounting for Receivables f f
9. Long-Lived Assets f
10. Current Liabilities and Payroll
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Volume 2 f
9. Long-Lived Assets f
10. Current Liabilities and Payroll
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11. Financial Reporting Concepts f f
12. Accounting for Partnerships f f
13. Introduction to Corporations f f
14. Corporations: Additional Topicsj and IFRS f f f f
15. Non-Current Liabilities f
16. Investments
17. The Cash Flow Statement
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18. Financial Statement Analysis f f
CHAPTER1 f
Accounting Principles, 9th Canadian Edition f f f f
,Accounting Principles, 9thCanadian Edition f f f f
AccountinginAction f f
LearningObjectives
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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
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, Accounting Principles, 9thCanadian Edition
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Summaryof Questions byLearning Objectives and Bloom‘sjTaxonomy
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Itemj LO BT Item LOBT Itemj LO BT Itemj LO BT f Itemj LO
f BT
Questions
1. 1 C 5. 3 C 9. 3 C 13. 4 K 17. 5 C
2. 1 C
f 6. 3 K 10. 3f C 14. 4 K f f 18. 5 AP
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3. 1 C
f 7. 3 K 11. 3f C 15. 4 C f f 19. 6 K f
4. 2 K 8. 3 C 12. 4 K 16. 4 K 20. 6 C
Brief Exercises f
1. 1 K 5. 3 C 9. 4 AP 13. 5 AP 17. 6 AP
2. 2 C
f 6. 3 C 10. 4f AP 14. 4,5 AP f f 18. 6 AP
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3. 3 AN
f 7. 4 C 11. 4f K 15. 4,6 AP f f
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
f 6. 4 AP 10. f 5 C 14. 6 AP f f
3. 2 C
f 7. 4 AP 11. f 5 C 15. 6 AP f f
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 f
3. 4 AP f 6. 4,6 AP 9. f 6 AP f
Accounting Principles, 9th Canadian Edition
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