ASSIGNMENT CLASSIFICATION TABLE

Financial Accoun�ng Tools for Business Decision-Making 6th Canadian Edi�on 6e Kimmel Weygandt Kieso Trenholm Irvine (Solu�ons Manual All Chapters, 100% Original Verified, A+ Grade)

Part 1: Page 1-1230

Part 2: Page 1231-1616 1 / 4

CHAPTER 1

The Purpose and Use of Financial Statements

ASSIGNMENT CLASSIFICATION TABLE

Study Objectives Questions Brief Exercises Exercises A Problems B Problems BYP 1.Identify the uses and users of accounting.

1, 2, 3, 4 1 1 1A 1B 3, 5, 7

2.Describe the primary forms of business organization.

5, 6, 7, 8 2 2 2A 2B 3, 7

3.Explain the three main types of business activity.

9, 10, 11,

12

3, 4 3, 4 3A 3B 7

4.Describe the purpose and content of each of the financial statements.

13, 14, 15,

16, 17, 18,

19, 20

5, 6, 7, 8,

9, 10

5, 6, 7, 8,

9, 10, 11,

12, 13

4A, 5A,

6A, 7A,

8A, 9A,

10A

4B, 5B,

6B, 7B,

8B, 9B,

10B

1, 2, 4,

6 Solutions Manual 1-1 Chapter 1 .Part 1 2 / 4

Kimmel, Weygandt, Kieso, Trenholm, Irvine Financial Accounting, Sixth Canadian Edition

ASSIGNMENT CHARACTERISTICS TABLE

Problem Number

Description Difficulty Level Time Allotted (min.) 1A Identify uses of accounting information. Moderate 30-40

2A Determine forms of business organization and accounting standards.Moderate 20-30

3A Identify business activities. Simple 25-30

4A Classify accounts. Simple 20-30

5A Prepare accounting equation. Simple 20-30

6A Determine missing amounts; answer questions. Complex 30-40

7A Prepare financial statements. Moderate 35-45

8A Prepare statement of cash flows; comment on adequacy of cash.Moderate 25-35

9A Calculate missing amounts; explain statement interrelationships.Moderate 40-50

10A Prepare corrected statement of financial position; identify financial statements for ASPE.Complex 35-45

1B Identify users of accounting information. Moderate 30-40

2B Determine forms of business organization and accounting standards.Moderate 20-30

3B Identify business activities. Simple 25-30

4B Classify accounts. Simple 20-30

5B Prepare accounting equation. Simple 20-30

6B Determine missing amounts; answer questions. Complex 30-40

7B Prepare financial statements. Moderate 35-45

8B Prepare statement of cash flows; comment on adequacy of cash.Moderate 25-35

Solutions Manual 1-2 Chapter 1

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Kimmel, Weygandt, Kieso, Trenholm, Irvine Financial Accounting, Sixth Canadian Edition

ASSIGNMENT CHARACTERISTICS TABLE (Continued)

Problem Number

Description Difficulty Level Time Allotted (min.)

9B Calculate missing amounts; explain statement interrelationships.Moderate 40-50

10B Prepare corrected statement of financial position; identify financial statements for ASPE.Complex 35-45

Solutions Manual 1-3 Chapter 1 .

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