ASSIGNMENT CLASSIFICATION TABLE

ASSIGNMENT CLASSIFICATION TABLE

Learning Objectives Questions Brief Exercises Exercises Problems Set A Problems Set B

• Identify the use and

users of accounting and the objective of financial reporting.

1, 2, 3 1 1, 2, 5 1 1

• Compare different

forms of business organization.

4 2 3, 2 2

• Explain the building

blocks of accounting:

ethics and the concepts included in the conceptual framework.

5, 6, 7, 8,

9, 10, 11

3, 4, 5, 6 4, 5, 9, 10 2, 5, 7,

11

2, 5, 7, 11

• Describe the

components of the financial statements and explain the accounting equation.

12, 13, 14.

15, 16

7, 8, 9,

10, 11, 15

6, 7, 13 3, 4, 6, 7,

8, 11

3, 4, 6, 7,

8, 11

• Analyze the effects of

business transactions on the accounting equation.

17, 18 12, 13, 14 5, 8, 9,

10, 11,

12, 13

5, 7, 8,

11

6, 7, 8, 9,

10, 11

• Prepare financial

statements.

19, 20 14, 15, 16

17, 18

9, 14, 15,

16, 17

6, 7, 8, 9,

10, 11

2, 5, 7, 11

Accounting Principles 7th Canadian Edition, (Volume 1) 7e Weygandt Donald Kieso Kimmel Trenholm Warren Novak (Solutions Manual All Chapters, 100% Original Verified, A+ Grade) (Chapter 1-10)

CHAPTER 1

Accounting in Action Solutions Manual 1-1 Chapter 1

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Weygandt, Kieso, Kimmel, Trenholm, Warren, Novak Accounting Principles, Seventh Canadian Edition

ASSIGNMENT CHARACTERISTICS TABLE

Problem Number Description Difficulty Level Time Allotted (min.) 1A Identify users and use of accounting information. Simple 15-20 2A Determine forms of business organization and types of accounting standards.Simple 15-20 3A Determine missing items. Moderate 20-25 4A Classify accounts and prepare accounting equation.Simple 20-30 5A Assess accounting treatment. Moderate 20-25 6A Analyze transactions and calculate owner’s equity. Simple 35-45 7A Analyze transactions and prepare balance sheet. Simple 40-50 8A Analyze transactions and prepare financial statements.Moderate 40-50 9A Prepare financial statements. Simple 35-45 10A Determine missing amounts, and comment. Moderate 35-45 11A Discuss errors and prepare corrected balance sheet.Moderate 45-55 1B Identify users and use of accounting information. Simple 15-20 2B Determine forms of business organization and types of accounting standards.Simple 15-20 3B Determine missing items. Moderate 20-25 4B Classify accounts and prepare accounting equation.Simple 20-30 5B Assess accounting treatment. Moderate 20-25 6B Analyze transactions and calculate owner’s equity. Simple 35-45 7B Analyze transactions and prepare balance sheet. Simple 40-50 8B Analyze transactions and prepare financial statements.Moderate 40-50 9B Prepare financial statements. Simple 35-45 10B Determine missing amounts, and comment. Moderate 35-45 11B Discuss errors and prepare corrected balance sheet.Moderate 45-55 Solutions Manual 1-2 Chapter 1

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Weygandt, Kieso, Kimmel, Trenholm, Warren, Novak Accounting Principles, Seventh Canadian Edition

BLOOM’S TAXONOMY TABLE

Correlation Chart between Bloom’s Taxonomy, Learning Objectives and End-of- Chapter Material Learning Objective Knowledge Comprehension Application Analysis Synthesis Evaluat ion 1.Identify the use and users of accounting and the objective of financial reporting.Q1-3 BE1-1 E1-5 Q1-1 Q1-2 E1-1 E1-2 P1-1A P1-1B 2.Compare different forms of business organization .Q1-4 BE1-2 BE1-4

BE1-10

E1-3 E1-7 P1-2A P1-2B

P1-11B

3.Explain the building

blocks of accounting:

ethics and the concepts included in the conceptual framework.Q1-6 Q1-7 E1-5 Q1-5 Q1-8 Q1-9 Q1-10 Q1-11 BE1-4 BE1-5 BE1-6 E1-4 E1-9 E1-10 P1-5A P1-5B P1-2A P1-2B P1-3A P1-3B P1-7A P1-7B

P1-11A

P1-11B

BE1-3 4.Describe the components of the financial statements and explain the accounting equation.Q1-12 Q1-13 Q1-14 Q1-16

BE1-11

BE1-7 BE1-8

BE1-9

BE1-10

BE1-14

BE1-15

E1-6 E1-7 E1-13 P1-4A P1-4B P1-6A P1-6B P1-7A P1-7B P1-8A P1-8B

P1-11A

P1-11B

Solutions Manual 1-3 Chapter 1

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Weygandt, Kieso, Kimmel, Trenholm, Warren, Novak Accounting Principles, Seventh Canadian Edition

BLOOM’S TAXONOMY TABLE (Continued)

Learning Objective Knowledge Comprehension Application Analysis Synthesis

Evaluat ion

• Analyze the effects

of business transactions on the accounting equation.

Q1-19 E1-5 Q1-17 Q1-20 E1-8 E1-9 E1-10 E1-11 P1-5A P1-5B

Q1-18

BE1-12

BE1-13

BE1-14

E1-12 E1-13 P1-7A P1-7B P1-8A P1-8B

P1-11A

P1-11B

• Prepare financial

statements.

Q1-19 Q1-20 E1-9

BE1-15

BE1-16

BE1-17

BE1-18

E1-14 E1-15 E1-16 E1-17 P1-6A P1-6B P1-7A P1-7B P1-8A P1-8B P1-9A P1-9B

P1-11A

P1-11B

P1-10A

P1-10B

Broadening Your Perspective BYP1-1 Santé Saga

BYP1- 6

BYP1-3 BYP1-4 BYP1-2

BYP1-5

Solutions Manual 1-4 Chapter 1 .

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