Accounting Principles 6th Canadian Edition 6e Weygandt l l l l l l
Kieso Kimmel Trenholm Kinnear Barlow (Solutions
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Manual All Chapters, 100% Original Verified,A+ Grade)
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CHAPTER 1 l
Accounting in Action l l
ASSIGNMENTCLASSIFICATIONTABLE l l
Brief Problems Problems
Study Objectives l Questions l Exercises Exercises Set A l l Set B l l
1. Identify the use and
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users of accounting
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and the objective of
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financial reporting.
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2. Compare different
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l 2, 5, 11
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forms of business
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organizations and
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explain how Canadian
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accounting standards
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apply to these
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organizations.
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3. Describe the
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components of the
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financial statements
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and explain the
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accounting equation.
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4. Determine what events 15, 16
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are recognized in the
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financial statements
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and how the events are
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measured.
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5. Analyze the effects of
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business transactions
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on the accounting
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equation.
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6. Prepare financial
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l l 13, 14, l 7, 8, 9,
l l 7, 8, 9,
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statements.
l 17, 18 l 15, 16 l 10, 11 l 10, 11 l
Solutions Manual 1-1 Chapter 1
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,Weygandt, Kieso, Kimmel, Trenholm, Kinnear, Barlow Accounting Principles, Sixth Canadian Edition
ASSIGNMENTCHARACTERISTICSTABLE l l
Problem Difficulty Time
Number
l Description Level
l Allotted (min.)
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1A Identify users and use of accounting information.
l l l l l l Simple 15-20
2A Determine forms of business organization andtypes
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of accounting standards.
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3A Determine missing items.
l l Moderate 20-25
4A Classify accounts and prepare accounting
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equation.
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5A Assess accounting treatment.
l l Moderate 20-25
6A Analyze transactions and calculate owner’s equity.
l l l l l Simple 35-45
7A Analyze transactions and prepare balance sheet.
l l l l l Simple 40-50
8A Analyze transactions and prepare financial
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statements.
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9A Prepare financial statements.
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10A Determine missing amounts, and comment.
l l l l Moderate 35-45
11A Discuss errors and prepare corrected balancesheet.
l l l l l l Moderate 45-55
1B Identify users and use of accounting information.
l l l l l l Simple 15-20
2B Determine forms of business organization andtypes
l l l l l l Simple 15-20
of accounting standards.
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3B Determine missing items.
l l Moderate 20-25
4B Classify accounts and prepare accounting
l l l l Simple 20-30
equation.
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5B Assess accounting treatment.
l l Moderate 20-25
6B Analyze transactions and calculate owner’s equity.
l l l l l Simple 35-45
7B Analyze transactions and prepare balance sheet.
l l l l l Simple 40-50
8B Analyze transactions and prepare financial
l l l l Moderate 40-50
statements.
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9B Prepare financial statements.
l l Simple 35-45
10B Determine missing amounts, and comment.
l l l l Moderate 35-45
11B Discuss errors and prepare corrected balancesheet.
l l l l l l Moderate 45-55
Solutions Manual 1-2 Chapter 1
.
,Weygandt, Kieso, Kimmel, Trenholm, Kinnear, Barlow Accounting Principles, Sixth Canadian Edition
BLOOM’STAXONOMYTABLE l l
Correlation Chart between Bloom’s Taxonomy, Study Objectives and End- l l l l l l l l
of-Chapter Material
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Evaluat
Study Objective l Knowledge Comprehension Application Analysis Synthesis ion
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1. Identify the use and
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users of accounting l l BE1-1 Q1-2 P1-1B
and the objective of l l l E1-3 Q1-3
financial reporting. l Q1-5
E1-1
2. Compare different
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Q1-8 Q1-6 P1-2A
forms of business l l
Q1-7
l P1-2B
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organizations and
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Q1-9
l P1-11B
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explain how l
BE1-3
l
Canadian BE1-4
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accounting BE1-
l
standards apply to l l 10E1-2
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these organizations. l
E1-7
l
P1-5A
l
P1-5B
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3. Describe the
l l Q1-10 BE1-5 BE1-6
components of the l l Q1-11 E1-6 BE1-7
financial statements l Q1-12 BE1-8
and explain the l l Q1-13 BE1-9
accounting Q1-14 BE1-13
equation. E1-3 BE1-14
E1-4
E1-5
P1-3A
P1-3B
P1-4A
P1-4B
P1-6A
P1-6B
P1-11A
P1-11B
4. Determine what
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events are l BE1-10 P1-7B
recognized in the l l E1-7 P1-8A
financial statements l E1-8 P1-8B
and how the events l l l P1-5A P1-11A
are measured. l P1-5B P1-11B
5. Analyze the effects
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of business l E1-9 E1-10
transactions on the l l E1-11
accounting equation. l E1-12
BE1-11
BE1-12
BE1-13
P1-6A
P1-6B
P1-7A
P1-7B
P1-8A
P1-8B
Solutions Manual 1-3 Chapter 1
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, Weygandt, Kieso, Kimmel, Trenholm, Kinnear, Barlow Accounting Principles, Sixth Canadian Edition
BLOOM’STAXONOMY TABLE (Continued)
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Evaluat
Study Objective
l Knowledge Comprehension Application Analysis Synthesis ion
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P1-11A
P1-11B
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6. Prepare financial
l l Q1-19 BE1-14 P1-10A
statements.
l Q1-20
l BE1-15
l P1-10B
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BE1-16
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BE1-17
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BE1-18
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E1-13
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E1-14
l
E1-15
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E1-16
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P1-7A
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P1-7B
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P1-8A
l
P1-8B
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P1-9A
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P1-9B
Broadening Your l BYP1-1 Continuing BYP1-3 BYP1-4 BYP1-2
Perspective
l Cookie Chronicle
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5
BYP1-
l
6
Solutions Manual 1-4 Chapter 1
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