ST
Accounting Principles, Volume 1 – 10th
UV Canadian Edition
IA_
SOLUTIONS AP
MANUAL
PR
O VE
Jerry J. Weygandt
Paul D. Kimmel
D?
Jill E. Mitchell
Valerie Warren
Lori Novak
Comprehensive Solution Manual for
Instructors and Students
© Jerry J. Weygandt, Paul D. Kimmel, Jill E. Mitchell, Valerie Warren & Lori Novak
All rights reserved. Reproduction or distribution without permission is prohibited.
Created by MedConnoisseur ©2025/2026
,ST
TABLE OF CONTENTS
Accounting Principles, Volume 1 – 10th
UV
Canadian Edition
IA_
Weygandt, Kimmel, Mitchell, Warren & Novak
AP
Chapter 1. Accounting in Action
Chapter 2. The Recording Process
PR
Chapter 3. Adjusting the Accounts
Chapter 4. Completion of the Accounting Cycle
Chapter 5. Accounting for Merchandising Operations
O
Chapter 6. Inventory Costing VE
Chapter 7. Internal Control and Cash
Chapter 8. Accounting for Receivables
Chapter 9. Long-Lived Assets
Chapter 10. Current Liabilities and Payroll
D?
Created by MedConnoisseur ©2025/2026
,ST
SOLUTION MANUAL FOR
ACCOUNTING PRINCIPLES, VOLUME 1, 10TH CANADIAN EDITION JERRY
J. WEYGANDT, PAUL D. KIMMEL, JILL E. MITCHELL, VALERIE WARREN,
UV
LORI NOVAK
CHAPTER 1-10
IA_ CHAPTER 1
Accounting in Action
Learning Objectives
AP
1. Identify the use and users of accounting and the objective of
financial reporting. PR
2. Compare the different forms of business organization.
3. Explain the building blocks of accounting: ethics and the
concepts included in the conceptual framework.
OV
4. Describe the components of the financial statements and
explain the accounting equation.
5. Analyze the effects of business transactions on the
ED
accounting equation.
6. Prepare financial statements.
?
, ST
Summary of Questions by Learning Objectives and Bloom‘s Taxonomy
Item LO BT Item LO
UV BT Item LO BT Item LO BT Item LO BT
Questions
1. 1 C 5. 3 C 9. 3 C 13. 4 K 17. 5 C
2. 1 IA_ 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
4. 2 K 8. 3 C 12. 4 K 16. 4 K 20. 6 C
Brief Exercises
1.
2.
3.
1
2
3
K
C
AN
5.
6.
7.
3
3
4
AP
C
C 10.
C 11.
9. 4
4
4
AP 13. 5 AP
AP 14. 4,5 AP
K 15. 4,6 AP
17.
18.
6
6
AP
AP
4.
1.
3
1
C
C
8. 4 AP 12.
5. 1,3,5 K
PR 5
Exercises
AP 16. 6 AP
9. 3,5,6 C 13. 4,5 AP 17. 6 AP
2.
3.
4.
1
2
3
C
C
C
6.
7.
8.
4 AP 10.
4 AP 11.
5
5
5
C 12. 4,5 AP 16.
OV
C 14.
C 15.
6 AP
6 AP
6 AP
Problems ED
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
3. 4 AP 6. 4,6 AP 9. 6 AP ?
Legend: The following abbreviations will appear throughout the
solutions manual file.
LO Learning objective
Bloom's
BT Taxonomy
K Knowledge
C Comprehension
AP Application
AN Analysis
S Synthesis
E Evaluation
Difficulty: Level of difficulty
S Simple
Accounting Principles, Volume 1 – 10th
UV Canadian Edition
IA_
SOLUTIONS AP
MANUAL
PR
O VE
Jerry J. Weygandt
Paul D. Kimmel
D?
Jill E. Mitchell
Valerie Warren
Lori Novak
Comprehensive Solution Manual for
Instructors and Students
© Jerry J. Weygandt, Paul D. Kimmel, Jill E. Mitchell, Valerie Warren & Lori Novak
All rights reserved. Reproduction or distribution without permission is prohibited.
Created by MedConnoisseur ©2025/2026
,ST
TABLE OF CONTENTS
Accounting Principles, Volume 1 – 10th
UV
Canadian Edition
IA_
Weygandt, Kimmel, Mitchell, Warren & Novak
AP
Chapter 1. Accounting in Action
Chapter 2. The Recording Process
PR
Chapter 3. Adjusting the Accounts
Chapter 4. Completion of the Accounting Cycle
Chapter 5. Accounting for Merchandising Operations
O
Chapter 6. Inventory Costing VE
Chapter 7. Internal Control and Cash
Chapter 8. Accounting for Receivables
Chapter 9. Long-Lived Assets
Chapter 10. Current Liabilities and Payroll
D?
Created by MedConnoisseur ©2025/2026
,ST
SOLUTION MANUAL FOR
ACCOUNTING PRINCIPLES, VOLUME 1, 10TH CANADIAN EDITION JERRY
J. WEYGANDT, PAUL D. KIMMEL, JILL E. MITCHELL, VALERIE WARREN,
UV
LORI NOVAK
CHAPTER 1-10
IA_ CHAPTER 1
Accounting in Action
Learning Objectives
AP
1. Identify the use and users of accounting and the objective of
financial reporting. PR
2. Compare the different forms of business organization.
3. Explain the building blocks of accounting: ethics and the
concepts included in the conceptual framework.
OV
4. Describe the components of the financial statements and
explain the accounting equation.
5. Analyze the effects of business transactions on the
ED
accounting equation.
6. Prepare financial statements.
?
, ST
Summary of Questions by Learning Objectives and Bloom‘s Taxonomy
Item LO BT Item LO
UV BT Item LO BT Item LO BT Item LO BT
Questions
1. 1 C 5. 3 C 9. 3 C 13. 4 K 17. 5 C
2. 1 IA_ 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
4. 2 K 8. 3 C 12. 4 K 16. 4 K 20. 6 C
Brief Exercises
1.
2.
3.
1
2
3
K
C
AN
5.
6.
7.
3
3
4
AP
C
C 10.
C 11.
9. 4
4
4
AP 13. 5 AP
AP 14. 4,5 AP
K 15. 4,6 AP
17.
18.
6
6
AP
AP
4.
1.
3
1
C
C
8. 4 AP 12.
5. 1,3,5 K
PR 5
Exercises
AP 16. 6 AP
9. 3,5,6 C 13. 4,5 AP 17. 6 AP
2.
3.
4.
1
2
3
C
C
C
6.
7.
8.
4 AP 10.
4 AP 11.
5
5
5
C 12. 4,5 AP 16.
OV
C 14.
C 15.
6 AP
6 AP
6 AP
Problems ED
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
3. 4 AP 6. 4,6 AP 9. 6 AP ?
Legend: The following abbreviations will appear throughout the
solutions manual file.
LO Learning objective
Bloom's
BT Taxonomy
K Knowledge
C Comprehension
AP Application
AN Analysis
S Synthesis
E Evaluation
Difficulty: Level of difficulty
S Simple
